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CFPB Updates Policy For Civil Investigative Demands

PYMNTS

The Consumer Financial Protection Act of 2010 authorizes the CFPB to issue CIDs when looking into potential violations of the law. Earlier this year, the CFPB announced leadership changes in a number of its departments, including the appointment of Andrew Duke as the policy associate director for external affairs.

Policies 115
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Community banks are thriving in Texas

Independent Banker

This region has the kind of energy that draws people to a place and helps them and their businesses thrive. The 2020 Census quantified the growth many residents were already sensing: Austin grew by 33% between 2010 and 2020, earning it the rank of fastest-growing large metro. The Houston metro took the 10th spot with a 20.3%

Texas 182
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. Leadership and board members. Sigma aims to streamline business operations. Stripe’s business strategy: How the $35B unicorn sets itself apart.

Online 98
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The 2019 GonzoBanker Awards

Gonzobanker

And Partners CEO John Janclaes helped put Kony on the market map in mid-size shops, even keynoting Kony’s conference with a leadership book in tow. Regional bank CIOs will be watching closely to see if Fiserv can pull off its most complex conversion in years and finally challenge FIS IBS in the regional space. It’s game on.

Idaho 148
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Top 5 Total Return to Shareholders: #4 Bank of the Ozarks

Jeff For Banks

Neither supported this regional president''s opinion. What is interesting about the success of Bank of the Ozarks and its CEO is the fact that he wasn''t the "experienced banker" regulators almost insist upon when approving the appointment of bank leadership. Bank of the Ozarks and their regulators were not so myopic in their view.

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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

After soaring to a multi-billion-dollar valuation behind an iconic founder, a team of prominent backers, and a promise to revolutionize blood testing, Theranos officially ceased operations in 2018. That July, it banned Holmes from owning or operating a lab for two years. The rise and fall of Theranos. Takeaways & lessons.

Report 78
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

In January 2018, Outcome settled all pending lawsuits by the company’s investors on the condition that Shah and Agarwal step down from their leadership positions. Liberty was accused of using a number of shell companies established between 2010 and 2017 to divert funds from investors to his personal accounts. The Outcome.

Fraud 78