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How Credit Unions and Regional Banks Can Execute Strong Customer Acquisition Campaigns

Fico Collections

For credit unions and smaller banks in North America, the challenge of how to compete with their bigger counterparts is a constant and pressing matter. These solutions provide great benefits once an account has been originated, however they lack effective tools for the acquisition stage of the lifecycle.

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C&R Software Acquires SpringFour, Expanding Reach of Financial Health Solutions

Account Recovery

04, 2024 — C&R Software (“C&R”),the world’s leading Cloud-native end-to-end software and solutions provider for the complete credit risk lifecycle and a CORA Group company, today announced the acquisition of SpringFour, the first-of-its-kind, leading financial health fintech. WARMINSTER, Pa.,

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Consumer Protection and Safety and Soundness Perspective of Credit Union Regulation

Troutman Sanders

Please join Consumer Financial Services Partner Chris Willis and his guests and colleagues James Stevens and Carlin McCrory as they discuss the consumer protection and safety and soundness sides of credit union regulation. Transcript: Consumer Protection and Safety and Soundness Perspective of Credit Union Regulation (PDF).

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The Opportunity for Credit Unions and Regional Banks to Win over Big Bank Customers

Fico Collections

According to research from Equifax, the 2008 recession had an unexpected and interesting effect on credit unions. While market volume was down across the board in auto loan and bank card originations: Credit unions increased their market share by about 15% in auto loan origination. Pain points in prescreen marketing.

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How Financial Technology Partners can Help with Customer Acquisition Campaigns

Fico Collections

For credit unions and smaller banks in North America, the challenge of how to compete with their bigger counterparts is a constant and pressing matter. These solutions provide great benefits once an account has been originated, however they lack effective tools for the acquisition stage of the lifecycle.

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Advantages and Disadvantages of a Business Bank Loan

Nerd Wallet

According to the Federal Reserve’s 2021 Small Business Credit Survey, banks remain the most common source of credit for small businesses — compared with options such as online lenders, community development financial institutions or credit unions. Randa Kriss writes for NerdWallet. Email: rkriss@nerdwallet.com.

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Injunction Lifted, Then Reinstated – Beneficial Ownership Information Was Due January 13, 2025, But Now On Hold

Jimerson Firm

There are 23 types of entities that are exempt from the reporting requirements, including many nonprofits (but not all), banks, credit unions, securities broker or dealer, money services businesses, insurance companies, accounting firms, and most inactive companies (but not all). Where do you file your BOI?