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The state's Democratic-controlled Legislature has enacted laws establishing data privacy rights, giving municipalities the ability to set up public banks, and requiring standardized disclosures on small-business loans, among other issues. Lawmakers elsewhere are taking notice.
October 8
American Banker -
Sunil Chandra's job will be to guide the fintech's international expansion. It says 12 banks are using its small-business lending platform, including three in the United States.
October 7 -
The National Credit Union Administration should help soften the effects of the new standard on regulatory capital through rulemaking.
October 7
National Credit Union Administration -
The agency’s Small Business Investment Company program is slumping, and Congress is pressuring its top executive, Joseph Shepard, to get it back on track or step aside.
October 2 -
Caught in the middle of a credit-subsidy debate, the program would have shut down on Tuesday without congressional action.
September 27 -
The San Francisco startup plans to use the fresh funding to hire employees in its engineering team and to expand the number of platforms it works with.
September 24 -
The Pennsylvania community bank has seen rapid growth in recent years, thanks in large part to its success in attracting women clients.
September 22 - Edit License
Di Gangi has already seen tremendous success in running small and medium business lending, but this year she stretched even further. Among other things, she spearheaded the launch of WE Source, an online tool that helps women entrepreneurs with insights into funding, networking, strategy and other business essentials.
September 22 - Edit License
When Sharon Miller was tapped to lead small business banking at Bank of America, she says it was her dream job. "In my three years in this role, I feel I've helped elevate our small business capabilities beyond what I envisioned," she said.
September 22 -
StreetShares, started as a peer-to-peer service for veterans, has added a platform intended to connect small financial institutions and underbanked companies.
September 22 -
The popular program could go idle next month for the second time in less than a year if lawmakers are unable to approve a $99 million credit subsidy.
September 17 -
The acquisition of Radius Intelligence fits with the online lender's existing focus on small commercial borrowers.
September 3 -
Under a state proposal, annual percentage rates would have to be disclosed on nonbank commercial loans of $500,000 or less. Lenders' responses have been mixed depending on their business model.
August 18 -
Black and Hispanic owners of one-person businesses are more likely to be discouraged from applying for financing, and they’re less likely to receive financing when they do apply for it, than their white counterparts, according to a new report from the New York Fed.
August 14 -
There are opportunities to make loans for strip malls and regional distribution centers but executives need to put the right risk management in place.
August 9 -
Krista Morgan, the founder and CEO of P2Binvestor, discusses her firm's bank deals and the tech driving its platform.
August 6 -
The online lender is counting on other arrangements with banks — and perhaps even a bank charter of its own — to help recover from the loss of a key partnership.
July 29 -
The decision is a blow to OnDeck, which said Monday that it intends to pursue a bank charter, either by applying for one or by buying a bank.
July 29 -
The new accounting standard meant for publicly traded firms creates greater headaches for privately held community banks.
July 29
Bank of St. Elizabeth -
Policymakers should consider how new data computing can help ensure equal lending, not hinder it.
July 23
Kabbage Inc.














