CFPB Monitor
FEBRUARY 16, 2022
Around the nation, regulators are preparing to implement and enforce new consumer-like disclosure laws for small business commercial finance providers. New York regulators have yet to issue final regulations implementing the state’s Commercial Finance Disclosure Law (CFDL), which went into effect on January 1, 2022.
PYMNTS
JULY 31, 2020
Department of the Treasury that charters and regulates financial institutions. Varo Bank’s opening … represents the evolution of banking and a new generation of banks that are born from innovation and built on technology intended to empower consumers and businesses,” said Brian Brooks, OCC’s acting comptroller in a statement.
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PYMNTS
SEPTEMBER 2, 2020
As reported by CNN , Connecticut-based Aquiline Drones is aiming to debut a smartphone app that will allow licensed drone operators to do short-term, project-based work as drone pilots. The guidelines would classify drones as a “special class” of airplanes, with regulations similar to those seen for business aircraft or small private planes.
PYMNTS
AUGUST 24, 2018
But playing and delivery methods keep changing, with Ohio of all places — no offense to the Buckeye State, home to multiple presidents and the Wright Brothers’ aerodynamic innovations — accounting for some of the latest developments. In Connecticut, for example, you cannot buy tickets with a credit card.
Tech and Finance
JUNE 22, 2016
Entrepreneurs resolved to tackle financial services, and life insurance specifically, need to be prepared for a different way of doing things and for the challenges that come with highly regulated industries. If you are truly doing something new, regulation will be a challenge. Everything in life insurance is subject to regulation.
Fintech Labs Insights
NOVEMBER 2, 2016
” Commenting on the news, Strategic Insight CEO Joel Mandelbaum said, “BrightScope is well known for its unique retirement data and its technology innovation. But RIABiz reports that the acquisition was financed by Genstar Capital and notes “outside sources peg the deal at $35 to $40 million.” Germany, and Canada.
CB Insights
AUGUST 3, 2017
The patent is the latest illustration of the company’s focus on innovating heavily within fulfillment and logistics. The facility shows multiple levels with multiple landing and take-off locations, depending on local zoning regulations. Want more patent and innovation data? Date granted: May 16, 2017.
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