CFPB Monitor

SEPTEMBER 21, 2018

Americans for Financial Reform Education Fund, Center for Responsible Lending, Consumer Federation of America, Consumers Union, National Association of Consumer Advocates, National Consumer Law Center, Tzedek DC, and U.S. Public Interest Research Group Education Fund, Inc.; The Appleseed Foundation, Inc.

DC 60

DC National America Groups 60

CFPB Monitor

JUNE 24, 2020

Consumer Protection Procedures Act including a “true lender” attack related to Elevate’s “Rise” and “Elastic” products offered through bank-model lending programs.

District of Columbia 60

District of Columbia DC Colorado Lending 60

CB Insights

NOVEMBER 6, 2019

Collectively, these startups have raised over $9.5B, with leading companies including lending startup Avant (Illinois, $655M in total disclosed equity funding), next-gen auto insurer Root Insurance (Ohio, $509M), restaurant finances management system Toast (Massachusetts, $503M), and small business lending startup Kabbage (Georgia, $490M).

United States 72

United States Fintech North Carolina Rhode Island 72

Jeff For Banks

AUGUST 2, 2014

August 2, 2014 Mr. John Whatshisname Examiner In Charge Bank Regulatory Body 1 Bureaucrat Way, NW Washington, DC 20429 Mr. Whatshisname, Below is our response to the Matters Requiring Attention ("MRA") that were included in your most recent examination report on Schmidlap National Bank ("Schmidlap").

Regulation 90

Regulation DC FDIC Analytics 90

CB Insights

MARCH 13, 2019

valuation), Nuro ($2.7B), alternative lending startup Avant ($1.9B), AI-powered predictive sales acceleration platform InsideSales.com ($1.7B), salestech startup Afiniti ($1.6B), healthcare startup Butterfly Network ($1.3B), and data analytics company Dataminr ($1.2B). Total Equity Funding ($M). Info Assembly. California.

United States 78

United States Rhode Island Massachusetts Connecticut 78

CB Insights

OCTOBER 26, 2017

California-based lending unicorn SoFi is the most well funded fintech company with just over $2B raised since 2011. Unicorns on the map include SoFi in California, Oscar in New York, Avant in Illinois, Kabbage in Georgia, and AvidXchange in North Carolina. Click on the image below to enlarge. The company was last valued at $4.5B California.

United States 78

United States Fintech North Carolina Rhode Island 78

CFPB Monitor

SEPTEMBER 10, 2020

The DBO indicated that it “is investigating whether LoanMart’s role in the arrangement is so extensive as to require compliance with California’s lending laws. According to the DBO’s press release, until the FACA became effective, LoanMart was making state-licensed auto title loans at rates above 100 percent.

Utah 78

Utah California FDIC West Virginia 78

TheGuardian

DECEMBER 25, 2020

Unafraid to confront the reality that too much of the World Bank’s lending found itself in anonymous offshore bank accounts held by recipients, he set up an anti-corruption task force, unthinkable before he arrived for fear of legitimising the bank’s critics while potentially smearing some innocent borrowers.

Lending 87

Lending New York DC Washington 87

Payments Source

JANUARY 2, 2019

As the federal budget dispute shoves an increasing number of government workers to the sidelines, there’s a window to provide payments relief that’s superior to options such as payday lending and bartering.

Lending 67

Lending Payments DC Washington 67

CFPB Monitor

OCTOBER 18, 2022

In remarks at the DC Fintech Week conference on October 11, 2022 and in a keynote address later the same day at a roundtable conducted by the Harvard Law School Program on International Financial Systems, Acting Comptroller of the Currency Michael J.

Regulation 78

Regulation FDIC DC System 78

Javelin Strategy & Research

SEPTEMBER 2, 2014

This will require several trips a year to Washington, DC along with several touch-points, and I’m looking forward to getting acquainted with the CFPB’s staff and other 24 Consumer Advisory Board (CAB) members. I just accepted a position on the Consumer Advisory Board of the CFPB. I have a lot to learn!

Innovation 58

Innovation DC FDIC Strategy 58

Jeff For Banks

OCTOBER 11, 2011

It will take time, but eventually, companies and banks will seek higher returns and invest and lend. This will act like a tax cut at just the time when it seems Washington DC will not provide one. Companies are sitting on $1.9 All companies lack the confidence to invest, to hire, or to move forward.

DC 64

DC Security Washington Risk Management 64

Filene

FEBRUARY 20, 2018

Local Host: MD & DC Credit Union Association. QCash - An omni-channel lending solution that offers relationship based underwriting (without credit check) to members in search for small, short-term unsecured loans. 2:30 p.m. - Filene Host: Elry Armaza & Cortney Angeley.

social media 28

social media DC Innovation Digital Strategies 28

Fintech Labs Insights

JULY 1, 2024

Our other financial services technology calendars: Fintech conferences, events and trade shows Payments & Card industry conferences, events and tradeshows Insurtech conferences, events and tradeshows Banking, Mortgage, Lending & BankTech conferences, events and tradeshows Investment Advisor Technology conferences, events and tradeshows Artificial (..)

Conference 15

Conference Fintech DC Washington 15

Fintech Labs Insights

AUGUST 16, 2024

Small Businesses (SMB) in July 2024 The 13 Biggest Investment Advisor Tech, Wealthtech & Investech Conferences in 2024 The 14 Biggest Conferences for Lending, Mortgage & LendTech Several promising conferences have emerged in recent years, and we expect this list to grow throughout the decade.

Conference 15

Conference Fintech San Diego DC 15

Fintech Labs Insights

JUNE 27, 2024

Some events pay referral or listing fees, which could impact positioning.

Conference 15

Conference Fintech San Diego DC 15

Fintech Labs Insights

AUGUST 23, 2024

Event Spotlight Fintech’s premier meeting place for decision-makers Save 10% with discount code: FKV2787LABS 60+ demos | 120+ speakers | 2,000+ attendees (1,000+ from banks and investors) Connect with senior executives who can take your business to the next level Sep 9-11, 2024 | Marriott Marquis | NYC Book Now > Please contact us if we are (..)

Conference 15

Conference Las Vegas San Diego San Antonio 15

Abrigo

SEPTEMBER 20, 2021

Data collection for small business lenders Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. Proposal Issued. securities credit.

Lending 195

Lending Data Compliance Regulation 195

Fintech Labs Insights

JULY 30, 2024

Top 30 Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States Rank (by FAB score) 1. Patch Lending ( formerly Patch of Land; acquired by Cloverhill July 2021 ) FAB Score = 6 (unchanged) – HQ: LA – Founded: 2013 – Raised: $54.9M Several lenders pay Fintech Labs a referral fee for funded loans.

Atlanta 29

Atlanta Utah Miami San Francisco 29

Fintech Labs Insights

MAY 12, 2021

Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. HQ: Washington DC. Forward Line. P2Binvestor. IOU Financial. Source: Compiled by FintechLabs, 11 May 2021 from Crunchbase, SimilarWeb data. *(As It’s a work in progress, so expect changes in the formula. Kabbage (acquired by American Express).

Atlanta 15

Atlanta Utah DC Detroit 15

Fintech Labs Insights

NOVEMBER 19, 2021

Top 30 Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. HQ: Washington DC. Forward Line. IOU Financial. P2Binvestor. Channel Partners. Minneapolis. Rapid Finance. Bethesda, MD. Lendinero. It’s a work in progress, so expect changes in the formula. Rank (by FAB score). Clearco (formerly Clearbanc).

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

NOVEMBER 19, 2021

Top 30 Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. HQ: Washington DC. Forward Line. IOU Financial. P2Binvestor. Channel Partners. Minneapolis. Rapid Finance. Bethesda, MD. Lendinero. It’s a work in progress, so expect changes in the formula. Rank (by FAB score). Clearco (formerly Clearbanc).

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

NOVEMBER 19, 2021

Top 30 Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. HQ: Washington DC. Forward Line. IOU Financial. P2Binvestor. Channel Partners. Minneapolis. Rapid Finance. Bethesda, MD. Lendinero. It’s a work in progress, so expect changes in the formula. Rank (by FAB score). Clearco (formerly Clearbanc).

Atlanta 15

Atlanta Utah Miami DC 15

PYMNTS

SEPTEMBER 22, 2020

The nation mourns this week as Supreme Court Justice Ruth Bader Ginsburg will lie in state in Washington, DC starting Wednesday (Sept. The Equal Credit Opportunity Act (ECOA) was created in response to a growing wave of pressure in the early 70s, as the legislation officially moved to ban lending discrimination based on sex or marital status.

Cards 350

Cards Policies Idaho DC 350

Gonzobanker

DECEMBER 19, 2017

The Real “Lending” Stock Award – Goes to longtime player LendingTree. Oh, by the way, that Fintech darling of two years ago Lending Club? The Lending Mo’ Repeat Award – Goes to both nCino in commercial and Encompass in mortgage for maintaining strong market momentum in 2017. It had another turd of a year.

Conference 85

Conference Industry Community Bank Community 85

PYMNTS

JANUARY 3, 2017

Some are anticipating that the consumer protection agency could soon see some big changes that will “diminish meaningfully” its ability to enforce its will against big banks and their products, according to Isaac Boltansky, an analyst at Compass Point in Washington, DC. He further noted regulatory action is “long, long overdue.”.

Regulation 104

Regulation North Carolina San Francisco Portland 104

FICO

AUGUST 27, 2018

It’s August and it’s hot in Washington DC. regulators to develop a system similar to a regulatory sandbox, establishing a national data security and breach notification standard and calling for the rescission of the Bureau of Consumer Financial Protection (BCFP) payday/small dollar lending rule. Fintech Policy in the US: What’s Next.

Policies 49

Policies US Fintech DC 49

CFPB Monitor

MARCH 3, 2017

Does your agency still take the position that there is no statute of limitations when you prosecute an enforcement action before an Administrative Law Judge in the face of the DC Circuit panel’s decision holding that the same statute of limitations that applies in court applies in an administrative proceeding?

Ohio 60

Ohio DC Lending 60

CB Insights

MAY 15, 2019

It operates two labs, one in Washington DC and the other in New York City, which focus on ventures that can have a significant business impact in the short term (from six months to three years). Key people: James Patterson, Managing VP & Head of Capital One Labs at Capital One.

Innovation 78

Innovation blockchain Technology Groups 78

Current

NOVEMBER 10, 2020

But regardless of legislation or leadership in Washington DC, we remain committed to building products and finding more ways to get our members this money faster and help them spend it smarter to help improve their financial outcomes. If there is a second stimulus, expect to see the money spent in similar patterns.

Fintech 105

Fintech DC Leadership Policies 105

PYMNTS

DECEMBER 27, 2016

Wells Fargo was just a bank that was really good at getting its customers to sign up for credit cards, and Lending Club and its P2P counterparts were coming to eat mainstream banking’s lunch. They should, however, be commended for lending money. Financial service providers should be vilified for doing wrong. And they are.

Lending 117

Lending New York DC Cards 117

FICO

JANUARY 9, 2017

consumer lending market anticipated 2017 would be more of the same. This means that the future fate of controversial rulemaking, such as the CFPB’s arbitration and small dollar lending proposals that began under a Democratic administration, will be subject to the Republican Congress’ potential use of the CRA.

Regulation 40

Regulation Lending New York Leadership 40