Thanks for subscribing! Please check your email for further instructions.
The Boca Raton, Florida-based marketers and sellers of two Aloe vera-based supplements have agreed to settle Federal Trade Commission charges that they deceived consumers with false and unsupported […]
Citi reported that they took in $2bn in deposits in Q3 with the help of perks as points and cash back to credit card customers; the company has now brought in more than $4bn in deposits for 2019 with […]
The IPO market overall for so called unicorns hasn’t gone well; this includes names in fintech like GreenSky but also companies like WeWork, Peloton and Uber; however, there is a bright spot […]
This blog post from Credible highlights that the spread between interest rates on credit cards and personal loans hit an all time high in Q3 2019; this includes data back to 1998; according to data […]
Grayscale Investments runs 10 crypto linked investment trusts which saw more than $250mn of inflows in Q3 with 84 percent of assets coming from hedge funds; even with bitcoin falling 25 percent over […]
Fintech has had a pretty big impact in real estate already but this is largely focused on commercial and multifamily properties; farmland is a $2.5 trillion market which FarmTogether is looking to […]
The Bureau presents Semi-Annual Reports to Congress and the American people in fulfillment of its statutory responsibility and commitment to accountability and transparency. The Bureau’s Spring […]
On a conference call today Goldman Sachs CEO David Solomon stated, “In three short years, we have raised $55 billion in deposits on the Marcus platform, generated $5 billion in loans, and built […]
The bank is partnering with Univfy in order to offer online healthcare loans, specifically for in vitro fertilization patients; Univfy uses underwriting techniques including machine learning and AI […]
Former FDIC Head Sheila Bair has voiced her criticism of Blackstone’s recent multibillion-dollar acquisition of Promontory Interfinancial Network; Ms Bair tells the FT that Promontory’s […]
Facebook has faced an uphill battle since launching their plans for Libra and now the social media giant is coming to terms that a launch in 2020 is not possible; “Even though we may be ready […]
Bruce Lowthers, President of Banking Solutions at core provider FIS, sat down with American Banker to talk about innovation at banks and how important it is to do it right; cybersecurity has become a […]
The Consumer Financial Protection Bureau (Bureau) Private Education Loan Ombudsman issued today the 2019 Annual Report. […]
The Consumer Financial Protection Bureau (Bureau) today announced that it will establish a taskforce to examine ways to harmonize and modernize federal consumer financial laws.&nbs […]
The Consumer Financial Protection Bureau (Bureau) today issued a rule which finalizes certain aspects of its May 2019 Notice of Proposed Rulemaking under the Home Mortgage Disclosure Act (HMDA).&nbs […]
Consumer Financial Protection Bureau Director Kathleen L. Kraninger today announced the appointment of members to the Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit […]
The Consumer Financial Protection Bureau (Bureau) and the South Carolina Department of Consumer Affairs (South Carolina) today filed a lawsuit in federal district court in the District of South […]
The Consumer Financial Protection Bureau (Bureau) today announced additions to its executive team. […]
The Consumer Financial Protection Bureau (Bureau) today filed a lawsuit in the federal district court in the District of Maryland against FCO Holding, Inc. and its subsidiaries, Fair Collections […]
The Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission will host a public workshop on December 10, 2019 to discuss issues affecting the accuracy of both traditional credit […]