Small-Dollar Rule Compliance Guide

Small-Dollar Rule Compliance Guide

← Previous Article Next Article → The payment provisions of the Consumer Financial Protection Bureaus’ (CFPB) small-dollar rule (the Rule), also known as the payday rule, is set to go into effect on August 19, 2019. Last month, the CFPB updated its Small...
New Study: Fintech Reduces Discrimination in Lending

New Study: Fintech Reduces Discrimination in Lending

← Previous Article Next Article → Although discrimination in lending remains a problem in America today, discrimination is declining, largely as a result of fintech firms’ use of algorithms. According to the latest research, fintech algorithms discriminate...
Banks Increase Lending to Nondepository Financial Institutions

Facebook Announces New Currency

← Previous Article Next Article → On June 18, Facebook announced an ambitious plan to develop an alternative financial system using a global currency, backed by blockchain technology, called “Libra.” The frequently criticized social media giant expects to...

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