Mar 7, 2019 | Banks & Credit Unions, FinTech, News
← Previous Article Next Article → According to a recent report by TransUnion, personal loan balances reached a record $138 billion in 2018. The growth in personal loans was led by fintech firms, which made more personal loans than banks, credit unions, and...
Feb 21, 2019 | Banks & Credit Unions, FinTech, News
← Previous Article Next Article → The Conference of State Bank Supervisors (CSBS) recently agreed to implement 14 recommendations from the Fintech Industry Advisory Panel (the Panel). Recommendations include the development of a state model law to license...
Feb 14, 2019 | Congressional Legislation, FinTech, News
← Previous Article Next Article → Earlier this year, Maxine Waters, Chair of the House Financial Services Committee, listed financial technology (fintech) as a policy priority for the committee, and much of that work will start with the creation of a new...
Dec 26, 2018 | FinTech, News
← Previous Article Next Article → The United States Government of Accountability (GAO) has released its first report about financial technology (fintech) that advises agencies to provide a clearer picture on online lenders’ use of alternative data. What is...
Oct 8, 2018 | FinTech, News
← Previous Article Next Article → According to a new study by the Center for Financial Research (CFR) at the Federal Deposit Insurance Corporation (FDIC), a consumer’s digital footprint (i.e. whether a consumer uses an Apple or Android product, etc.) can do...
Aug 14, 2018 | FinTech, News
← Previous Article Next Article → A growing trend so far this year is the rise of financial technology startups that are beginning to offer credit card products to customers with poor credit histories, according to an article in the Wall Street Journal. This...
