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Avant Brings SaaS Lending Tech To Banks

PYMNTS

We’re also a pure-play technology company, designed to support banks [that] want to offer lending products, but … either can’t or won’t dedicate hundreds of millions to building the capacity,” he said. Avant launched its first bank partnership with Alabama-based Regions Bank in 2016, using its SaaS product.

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CFPB enters into consent order with auto title lender

CFPB Monitor

The consent order involves 30-day credit transactions made by TMX Finance under the brands TitleMax and TitleBucks at storefronts in Alabama, Georgia and Tennessee. The consent order requires TMX Finance to pay a $9 million civil money penalty.

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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

An explosion of new consumer finance brands is transforming how people save, spend, and manage their money. Mint was dominating the mobile financial management space, with a stronger brand and new resources from the Intuit acquisition. Alabama — #2 in Credit Karma searches. In aggregate, they command $1.3 Acorns, at $4.50

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