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Connecticut federal court allows CFPB claims to proceed against mortgage company and principals for alleged licensing and other violations

CFPB Monitor

A Connecticut federal district court has refused to dismiss claims filed by the CFPB against a mortgage company and three of its principals for alleged Truth in Lending Act (TILA), Mortgage Act and Practice (MAP) Rule, and Consumer Financial Protection Act (CFPA) violations.

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Big Names Embark On Spring Hiring Sprees

PYMNTS

Standing one’s ground in an Amazon -dominated retail market doesn’t happen by accident. Discount-grocery chain Aldi has announced several hiring events across states including Michigan, Vermont, Connecticut, Virginia, New Jersey and Florida. The company is investing $3.4 Yep – that means hiring.

Vermont 100
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Impact Roadshow | Meriden, CT

Filene

Local Host: Credit Union League of Connecticut. Social Media Advisory - Done effectively, social media efforts can: engage current and potential members, enhance communication efforts, grow bottom line results, and build social equity and awareness for the credit union. 2:00 p.m. -

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

Social media financial compliance specialist Gremln raised $1.4 If you add the $6 billion in new capital raised in the IPOs of Worldpay, Square and First Data, the 2015 total is a nice even $25 billion. Payments and commerce solutions for unbanked in emerging markets. HQ: Shelton, Connecticut. Total raised: $36.9

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55 US Companies That Became Unicorns In 2018

CB Insights

Select Investors: Tencent Holdings, Disney Accelerator, Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, Vulcan Capital, ICONIQ Capital. Select Investors: Y Combinator, Sequoia Capital, Khosla Ventures, Kleiner Perkins Caufield & Byers, Wellcome Trust, GIC, SoftBank Group, DST Global. Valuation: $12B.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

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. The sophisticated food hall: North 3rd Street Market (Brooklyn). This approach to marketing is enabling a new wave of specialized fast-casual brands to take root.

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From China With Love: AI, Robotics, AR/VR Are Hot Areas For Chinese Investment In US

CB Insights

We define Chinese investment as participation in private financing rounds by investors (corporate, venture capital, angel, private equity, etc.) In May, Tencent opened an AI research lab in Seattle focused on speech recognition as it looks to apply AI research to its social media, online games, and cloud services.

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