article thumbnail

Scottsdale Community Bank: Making microloans

Independent Banker

Scottsdale Community Bank is the first new community bank in Arizona in 14 years, and it already has the capacity to make more than $100 million in loans. The diverse board, staff and leadership team aim to implement a plan of “doing well for investors by doing good for the community.” “We

article thumbnail

This week’s podcast: a conversation with Paul Watkins, Director of the CFPB’s Office of Innovation

CFPB Monitor

Paul formerly worked in the Arizona Attorney General’s office where he was in charge of fintech initiatives and led the state’s successful efforts to create the first “regulatory sandbox” in the United States which allows new financial technologies and products to be tested in a controlled environment with reduced regulatory risk.

Arizona 60
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Uber Debuts Freight Platform In Germany

PYMNTS

After the change in leadership, we really engaged in doing the right thing,” Buczkowski said. It also launched autonomous truck deliveries, with the first hauls completed in Arizona. Digitizing the industry will improve efficiency with real-time tracking of consignments and payment automation, the article said.

Arizona 108
article thumbnail

CFPB Names Paul Watkins From AZ AG Office As Innovation Head

PYMNTS

I am confident that, under his leadership, the Office of Innovation will make significant progress in creating an environment where companies can advance new products and services without being unduly restricted by red tape that belongs in the 20th century.”.

article thumbnail

CFPB announces proposed consent order with companies alleged to have collected loans void under state law

CFPB Monitor

The relevant states are Arizona, Arkansas, Colorado, Connecticut, Illinois, Indiana, Kentucky, Massachusetts, Minnesota, Montana, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, and South Dakota (“Subject States”). The loans in question were made by companies owned by Native American tribes.

article thumbnail

Acquire or Be Acquired 2024: A Race to Perform … and Earn the Right to Transform 

Gonzobanker

Early this week, the conference was the epicenter of discussions, where 2,000 attendees descended upon Arizona to strategize and set the tone for our great industry’s future. Concerns about successors to today’s executive leadership teams dominated many presentations.

article thumbnail

Meal Kit Startup Gobble Hires From Starbucks, Blue Apron

PYMNTS

Gobble , the Palo Alto–based meal kit startup service whose recipes can be prepared in 15 minutes with just a frying pan, a spatula and some olive oil, is shoring up its leadership team before expanding nationwide. Gobble currently serves seven western states: California, Nevada, Washington, Oregon, Arizona, Idaho and Utah.

Idaho 118