PYMNTS

FEBRUARY 24, 2020

Call it a tale of two bank deals. The stories come with significantly different price tags: $185 million and $13 billion. The move also means that, as LendingClub had applied for bank charters in the past (with the Office of the Comptroller of the Currency), it decided to buy its way into deposits and checking. Some Precedents.

Banking 97

Banking Transportation Accounting Currencies 97

PYMNTS

JULY 25, 2017

At the upper edge of the spectrum, students can be looking at a ~$330,000 total price tag for an education at an elite private college. And with price tags that large, there is going to be a generation of students who are by necessity going to be seeking private student loans. Lending-as-a-Service.

Banking 40

Banking Education Finance Technology 40

PYMNTS

APRIL 1, 2019

Merchants, lenders and banks never see the person on the other side of the transaction, and proving that someone is, well, legitimate is becoming more difficult. It also comes in tandem with the launch of the SentiLink API, billed as a real-time risk modeling and scoring system, focused on blocking synthetic identities.

Construction 73

Construction Numbers Concentration Securities 73

Barry Ritholtz

JULY 11, 2023

JOHNSON: And then I moved into, we had a bank at the time, and I moved into running part of the bank. RITHOLTZ: So Franklin obviously divests out of the banking business, the credit card business, the auto financing business. The requirements for asset managers to have a bank were such that it would inhibit us a bit.

Mergers and Acquisitions (M&A) 86

Mergers and Acquisitions (M&A) Investments Finance Technology 86

PYMNTS

JUNE 24, 2020

While open banking is gaining traction in Europe (by regulatory mandate) and is making inroads to the U.S. The move is designed to strengthen Mastercard’s push into open banking in the U.S., And upon bringing some of the same solutions that have been a hallmark of Mastercard’s already extant open banking offerings in Europe to the U.S.,

Financial Data 105

Financial Data Leverage Banking Securities 105

Barry Ritholtz

MAY 30, 2023

And did you say one more time that your job is to lend people like me to be an entrepreneur of money? BRYANT: And so when this guy told me that we’re, at that time, 10,000 banks, hundreds of thousands of bankers, 100,000 banks. BRYANT: And this guy was a banker, to be full disclosure, it was a banker for Bank of America.

Economics 57

Economics Education Profit and Loss Banking 57