Entries by Kim
Cuomo Signs Bill Cracking Down on Small-Business-Loan Abuses
Interesting article by Zachary R. Mider about New York Governor Andrew Cuomo who signed a bill aimed at preventing predatory lenders from using the state’s court system to seize the assets of small businesses nationwide. Read the article here.
Wall Street Prepares for the End of a Crucial Benchmark
LIBOR (London Interbank Offered Rate) is dying, warn global regulators, and there’s nothing banks can do to stop it. Here’s an interesting article on the subject by Lannah Nguyen and Alex Harris.
Supreme Court of Canada considers litigation funding for the first time
Canada’s highest court will soon have an opportunity to clarify the law on litigation funding. Find out more by following this link.
CANADA : Alert to borrowers and lenders: Significant changes to lessee accounting standards
Effective for accounting periods starting January 1, 2019, International Financial Reporting Standards 16 (IFRS 16) has replaced International Accounting Standards 17 (IAS 17) as the accounting standard for leases for all Canadian entities reporting under IFRS. Complete text here.
Expensive Loans to Desperate People Built This $90 Billion Industry
About 12 million Americans use high or very high interest loans every year (payday, title loans, etc.). The Trum administration may introduce new legislation that may significantly change the landscape. Here is an interesting article dealing with the subject. Just follow this link.
Margill Webinar
The Margill Team is proud to formally announce the release of Margill Loan Manager 4.4. It is a really impressive version with a host of new features. Here are the six most important improvements: Blocking historical transactions Alerts: Use templates with merged data to send automatic emails and Mail to SMS to borrowers (example: upcoming […]
Margill Solutions – Top 10 Retail Banking Solution Providers of 2018 in Banking CIO Outlook
The Margill team is proud to be one of the Top 10 Retail Banking Solution Providers of 2018 in Banking CIO Outlook magazine. To help CIOs, CFOs, and CEOs find the right solutions for their retail banking initiatives, a distinguished panel comprising CEOs, CFOs, analysts, and Banking CIO Outlook’s editorial board has selected the top […]