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CFPB announces new appointments to advisory groups

CFPB Monitor

Paulina Gonzalez, Executive Director, California Reinvestment Coalition, San Francisco, CA. Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Raul Vazquez, Chief Executive Officer, Oportun, Redwood City, CA. Chi Chi Wu, Staff Attorney, National Consumer Law Center, Boston, MA.

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The top-performing community banks of 2021

Independent Banker

Brazos National Bank. Douglas National Bank. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. FSNB, National Association. Pioneer Trust Bank, National Association. Capital Community Bank.

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Android of the Auto Industry? How Baidu May Race Ahead Of Google, Tesla, And Others In Autonomous Vehicles

CB Insights

investment fund dedicated to startups innovating in the AV space. Additionally, when naming the national champions of AI in November, the Chinese Ministry of Science and Technology designated Baidu as the leader in autonomous driving. Didi’s lab in Mountain View, CA. Beyond Apollo: Baidu’s outside investments.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

In 2017, the National Restaurant Association reported annual sales of $799B — close to 48% of the total amount that Americans spent on food. Market share is simply shifting away from big chains that haven’t successfully innovated, flowing instead to new models for creating and selling food to customers.

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From AT&T To Xerox: 65 Corporate Innovation Labs

CB Insights

Corporate innovation is critical for established companies looking to stay relevant in the face of disruption from up-and-coming startups. With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. Innovation Lab Name: HP Labs.

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Payments and passports

Tomorrow's Transactions

If a British bank were to get a US banking passport this would presumably be equivalent to the implicit granting of a national bank charter and state regulators do not seem enthusiastic about the granting of more national bank charters. That’s how capitalism is supposed to work.