Lending

Fintechs and banks are both pursing the market, which much adjust to handle the larger volume, according to Nufar Segal Bareket, a general manager at Jifiti.

KKR, which has a substantial financial services portfolio, has made a $75 million equity investment in Cross River Bank, part of an overall $100 million capital raise. Cross River will use the funds to expand the technology and compliance infrastructure that it provides to fintech organizations.

On Jun. 30, 2018. Dollars in thousands.

A growing number of credit unions are buying loan participations, but smaller shops may not have the expertise needed to share the wealth and the risks.

The purchase of Michigan-based Compliance Systems Inc. is intended to better help credit unions stay on top of regulatory changes.

Loan growth in both states exceeded the national average through the first half of the year, along with improvements in delinquencies and average assets.

If the predictions prove correct, the benchmark rate would reach 3.50% by the end of next year.

The Wisconsin-based institution has seen a 10 percent boost in loan volumes since implementing a new e-docs platform last year.

On Jun. 30, 2018. Dollars in thousands.

A credit-builder loan at Virginia-based The Partnership Federal Credit Union wasn't meeting the needs of as many members as it could. Here's how the CU fixed that problem.