In an op-ed in American Banker, former head of the CFPB fintech office, Dan Quan, argues for the support of...
Total loans at banks fell by 1.5 percent during the first half of June, according to data compiled by the...
A new survey by credit card specialist Fraedom shows that 80 percent of banks believe challengers have impacted their business...
The acting head of the OCC, Brian Brooks, has openly discussed his support for clarity on the ”true lender” rule;...
Open banking and data aggregation have quickly become two of the biggest trends in financial services; Europe and UK regulators...
Lending Club's fourth quarter earnings release showed a decrease in investment from retail investors; the decrease follows an increased focus from the company on banks and institutional investors as the company seeks to regain credibility following issues in 2016; while originations have remained fairly steady over the past three quarters, the percentage of investment from institutional investors increased to 74% in the fourth quarter. Source
Timothy Mayopoulos is the most recent example of a high profile executive moving into fintech; Mayopoulos will serve as President...
When immigrants come to the U.S. they are starting at zero when it comes to a credit profile and that...
Challenger banks Revolut, Starling Bank and Monzo are all reported to be out fundraising; Business Insider reports that Revolut will...
LendIt Fintech USA 2020 is coming to your desktop on September 29 through October 1; it is everything that you...