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Marqeta Expanding Overseas, Sets Up Shop In The UK

PYMNTS

financial technology startup backed by Goldman Sachs , is expanding overseas. Marqeta was founded in 2010 and has raised $116 million in venture funding, with the most recent round led by ICONIQ Capital and including Goldman Sachs as an investor. Marqeta , a U.S. In addition to Goldman Sachs, Marqeta is backed by Visa.

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Stripe Launches Custom Analytics Tool for Businesses

PYMNTS

Stripe is a leading innovator in the financial technology space. Founded in 2010, the company, which has raised over $440 million (according to data from Crunchbase), and is valued at $9 billion, specializes in easy-to-use B2B online and mobile payment products.

Analytics 106
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LendingClub Settles With SEC, DOJ

PYMNTS

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. In 2010, LendingClub added to its war chest with a $24.5 The DOJ Finding.

Lending 135
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Meet Our 2023 FICO Decisions Awards Judges

FICO

Neeti Aggarwal manages the financial technology and innovation research at The Asian Banker. With over 19 years’ experience, she specializes in banking, technology and fintech developments across Asia Pacific, Middle East and Africa. Neeti Aggarwal, CFA senior research manager, The Asian Banker.

Meeting 52
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Fighting Digital with Digital

Independent Banker

The quickness with which these Wall Street-driven nonbank lenders—variously called peer-to-peer, online marketplace or financial technology (FinTech) lenders—can fulfill borrowers’ requests has enabled alternative lending to double every year since 2010. FDIC-insured deposits largely solve this problem for banks.

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Squared Away- How It Happened

Jeff For Banks

I've been writing since 2010. Others surprised me, such as the amount of views expended on board composition, or on deploying bank capital. My theory behind the book is that serving all stakeholders can be the next best version of my readers' financial institutions. write a book! Some made sense to me.

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California Legislature Passes AB-1864 Setting the Stage for the “Department of Financial Protection and Innovation” and the California Consumer Financial Protection Law

CFPB Monitor

Also, with respect to any entity that is licensed, registered, or subject to the agency’s oversight, the bill clarifies that the DFPI has the authority to, bring a civil action or other proceeding pursuant to 12 USC § 5552 to enforce the Consumer Financial Protection Act of 2010 (12 USC § 5481 et seq.) (the the “CFPA”).