The market has currently slowed gains as speculators await more details on Trump administration policies; the Justice Department has taken its stance on the Consumer Financial Protection Bureau's appeals court hearing in May and it seems the next big announcement from the Trump administration regarding fintech is the appointment of the next comptroller; at LendIt USA 2017 Amias Gerety gave some insight on how the Trump administration views fintech and current themes in government fintech debates. Source

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Fintech News Roundup USA

·May. 8, 2019

Chatbots Important to Compete with Bigger Banks

Most often financial institutions view leveraging an AI chatbot as a bonus to improve customer service; the CEO of TymeBank,...

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Fintech News Roundup USA

·Aug. 28, 2017

SEC Freezes Trading for Publicly Listed Bitcoin Exchange Company

The trading suspension was announced for American Security Resources Corp. (ARSC) on August 24, 2017; the suspension will be effective until September 8, 2017; according to the SEC, "The Commission temporarily suspended trading in the securities of ARSC because of questions that have arisen regarding publicly available information about the company in press releases on OTCMarkets.com, dated August 1, and August 8, 2017, concerning, among other things, the company's business transition to the cryptocurrency markets and early adoption of blockchain technology."; the SEC has suspended trading on at least two other companies involved in bitcoin that are listed on the OTC markets. Source

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News Roundup Online Lending USA

·Nov. 7, 2016

Lend Academy Podcast: Stephen Dash of Credible

Credible serves as a multi-lender marketplace, primarily for student loan borrowers; Lend Academy interviews Stephen Dash, Credible's CEO in their podcast; Credible has had great success in the market, beginning in 2012 when Stephen Dash moved to the US from Australia; through partnerships with a broad range of lenders, the company provides detailed, customized lending options; in the past year the company has expanded to personal loans and also partnered with Sallie Mae; given the current market environment Stephen Dash says the business will continue focusing primarily on its student loan customers for the near-term with a longer-term continued focus on customer experience and new loan categories. Source

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Fintech Regulation USA

·Jun. 16, 2020