Backed by $131m, Grasshopper Bank to roll out broadly next month
New York-based Grasshopper Bancorp, which opened for business to a select group of entrepreneurs and investors earlier this month, this ...
Tag: CFPB
Dan O’Malley, CEO of Numerated, to Speak at Bank Innovation Ignite
Dan O’Malley, CEO of Numerated Growth Technologies, Inc., will speak at Bank Innovation Ignite in Seattle in March 2019 on ...
CFPB Reassures Fintechs with ‘No-Action’ Letter for Upstart Network
Online lending service Upstart Network has received a “no-action” letter from the Consumer Financial Protection Bureau, the first such letter ...
Fintech, the Donald and Dodd-Frank: Don’t Expect Too Much Too Soon
Should banking expect the end of Dodd-Frank? Maybe, but probably later rather than sooner. President Trump’s stance on financial regulation ...
Enforcement Actions Against Banks Reached Record Low in 3Q
This past quarter saw the lowest number of enforcement actions against financial institutions since 2013 (though there were some prominent cases in the ...
CFPB’s Upcoming Rule Aims to Protect Holders of Prepaid Cards [VIDEO]
The future of regulations in banking may be uncertain pending the results of yesterday's election, but one thing we know: ...
Is the CFPB Ruling Important for the Future of Fintechs?
Recently a federal appeals court decided that the Consumer Finance Protection Bureau—a federal organization designed to safeguard against some of ...
Wells Fargo Just Kicked Innovation in the Chin
It is always doubly upsetting to see vulgar business behavior from a seemingly platinum-plated brand. We have certainly been among ...
Yet Another Association for Marketplace Lending Launches
That's what the industry needs: competing marketplace lending associations. Today, the three big names in marketplace lending (for now -- more ...
Half of Investors Allocate Capital to Marketplace Lending, Survey Shows
Investors see a sunny future for marketplace lending, according to a survey released today by Richards Kibbe & Orbe LLP (RKO) ...
