Rep. García Introduces Bills Targeting Tech Companies Pursuing Financial Services
U.S. Rep. Jesus “Chuy” García (D-Ill.), who represents parts of Chicago and its suburbs, has drafted three bills aimed at keeping big tech companies like Facebook, Google, and Amazon out of the financial services industry. He says that his plan is to prohibit...
Rep. Emmer Sees Minnesota Emerging as FinTech Leader
In a recent opinion column published on MinnPost, U.S. Representative Tom Emmer argued that Minnesota is poised to become a national hub for development of financial technologies, or fintech. Emmer represents Minnesota’s 6th Congressional District, which includes St....
Experts Predict Apple Card Will Change the Game for Credit Products
When Apple launched its new Apple Card product earlier this year, experts saw it as having the potential to create a shift in the credit card industry due to the way Apple tackles customer interactions. Specifically, customers can apply and start using the card within...
