Sep 27, 2018 | Banks & Credit Unions, News
← Previous Article Next Article → Ten years ago, the American economy suffered one of the worst recessions in U.S. history. Thousands of businesses closed up shop, and millions of people were left unemployed. At the time, billions of dollars were poured into...
Sep 25, 2018 | Banks & Credit Unions, News, Online Lending
← Previous Article Next Article → More people are using online lending platforms to fulfill their financial service needs today than ever before. The global volume of new fintech credit – or credit that is facilitated by online platforms not operated...
Aug 8, 2018 | Banks & Credit Unions, News
← Previous Article Next Article → Last October, when the agency was still helmed by former Director Richard Cordray, the Consumer Financial Protection Bureau finalized a rule that required lenders to determine up front whether people can afford to repay...
Aug 2, 2018 | Banks & Credit Unions, News
← Previous Article Next Article → The Senate Banking Committee has postponed its vote, scheduled for today, on whether to approve Kathy Kranger’s nomination to head the CFPB and advance it to the full Senate for final confirmation. Kraninger was nominated in...
Aug 1, 2018 | Banks & Credit Unions, Federal Regulation, News
← Previous Article Next Article → Yesterday, the Office of the Comptroller of the Currency (OCC) announced that it will begin accepting applications for national bank charters from nondepository financial technology companies engaged in banking businesses....
