Sep 11, 2020 | FinTech, News, Online Lending
Data Firm Finds Online Loans Holding Up Better Than Expected In a newly-released report, the data firm dv01 found that the percentage of online loan borrowers who made their regularly scheduled loan payments continued to rise in August, despite the lingering and...
Sep 9, 2020 | Federal Regulation, News
Fed Survey Reports Widespread Uncertainty About U.S. Economic Future A recent Federal Reserve report, known as the Beige Book, found that while economic activity was on the rise in August 2020, there is widespread uncertainty about the economic future of the United...
Sep 7, 2020 | Federal Regulation, News
CFPB Report Examines Early Impact of Pandemic on Consumer Credit Last month, the Consumer Financial Protection Bureau (CFPB) issued a report analyzing the early effects of the coronavirus pandemic on consumer credit. Focusing on mortgage, auto and student loans, and...
Sep 4, 2020 | FinTech, News
More States Establishing Regulatory Sandboxes for Fintechs Regulatory sandboxes are increasingly being used across the United States as a way to foster innovation, as they provide opportunities for companies to test new products or offerings before going through the...
Sep 2, 2020 | Congressional Legislation, News
House Financial Services Committee to Hold Seven Hearings in September This month, the House Financial Services Committee (HFSC) will hold seven virtual and hybrid hearings on a range of topics, including financial regulatory accountability and the economic response...
