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Connecticut federal court allows CFPB claims to proceed against mortgage company and principals for alleged licensing and other violations

CFPB Monitor

A Connecticut federal district court has refused to dismiss claims filed by the CFPB against a mortgage company and three of its principals for alleged Truth in Lending Act (TILA), Mortgage Act and Practice (MAP) Rule, and Consumer Financial Protection Act (CFPA) violations.

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Why Banks Merge: Listen to the Sellers

Jeff For Banks

will provide greater capital resources and operational scale that will allow us to grow as part of a larger community bank." - Loralee Hutchinson, President of Alarion Financial Services, Inc. And what is social media? Read: You have to make lots and lots of little loans when you only have $25 million in capital. “I

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Big Names Embark On Spring Hiring Sprees

PYMNTS

Discount-grocery chain Aldi has announced several hiring events across states including Michigan, Vermont, Connecticut, Virginia, New Jersey and Florida. While this marks Home Depot’s biggest hiring spree ever, the home-improvement retailer isn’t the only one reinforcing its ranks this spring to create or maintain a competitive advantage.

Vermont 100
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55 US Companies That Became Unicorns In 2018

CB Insights

Select Investors: Tencent Holdings, Disney Accelerator, Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, Vulcan Capital, ICONIQ Capital. Select Investors: Y Combinator, Sequoia Capital, Khosla Ventures, Kleiner Perkins Caufield & Byers, Wellcome Trust, GIC, SoftBank Group, DST Global. Valuation: $12B.

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Impact Roadshow | Meriden, CT

Filene

Local Host: Credit Union League of Connecticut. Social Media Advisory - Done effectively, social media efforts can: engage current and potential members, enhance communication efforts, grow bottom line results, and build social equity and awareness for the credit union. 2:00 p.m. -

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From China With Love: AI, Robotics, AR/VR Are Hot Areas For Chinese Investment In US

CB Insights

We define Chinese investment as participation in private financing rounds by investors (corporate, venture capital, angel, private equity, etc.) In May, Tencent opened an AI research lab in Seattle focused on speech recognition as it looks to apply AI research to its social media, online games, and cloud services.

US 32
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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

Social media financial compliance specialist Gremln raised $1.4 If you add the $6 billion in new capital raised in the IPOs of Worldpay, Square and First Data, the 2015 total is a nice even $25 billion. HQ: Shelton, Connecticut. Social media management & compliance for financial institutions .