CFPB Monitor

MAY 6, 2021

A Maryland administrative action recently removed to the state’s federal district court illustrates how Maryland law continues to present challenges for the bank partner structure used by many lenders. The new Maryland matter demonstrates that participants in bank model programs continue to face state licensing threats.

Maryland 78

Maryland Lending Missouri FDIC 78

PYMNTS

SEPTEMBER 22, 2017

We’ve got lots of pieces now that, say dynamism, has gone down a lot since 2000,” said John Haltiwanger, a University of Maryland economist who has done much of the pioneering work in the field. Better have a very full and robust compliance department and a perfect working knowledge of AML/YC regulations. Want to accept credit cards?

US 108

US Apple Innovation Regulation 108

Fintech Labs Insights

MARCH 1, 2016

HQ: Annapolis, Maryland. Loyalty card platform. Credit card rewards optimization . Tags: Consumer, loyalty, payments, rewards, PFM, personal finance, credit/debit cards, spending. Here are the fintech deals by size from 20 Feb to 26 Feb 2016: LoanZen. Receivables financing for small business. Total raised: Unknown.

New York City 12

New York City Company Fintech San Francisco 12

Fintech Labs Insights

JUNE 6, 2016

HQ: Glenwood, Maryland. Tags: SMB, accounting, bookkeeping, expense reporting, compliance, fraud protection. Latest round: $188 million Debt (for AvantCredit UK). Total raised: $1.92 billion ($654 million Equity, $1.26 billion Debt). HQ: Chicago, Illinois. Source: Crunchbase. Bridge2Solutions. Latest round: $35 million Series A.

Company 12

Company Fintech San Francisco New York City 12

PYMNTS

MARCH 28, 2016

billion in prepaid cards. The rest was related to bill payment, payday lending and remittances). Ironically, the places with the highest check cashing fees are Maryland and Washington, D.C.). Of that $106 billion, $58.3 billion was related to check cashing transactions, another $17.6 billion in money orders and $5.4

US 100

US Payments Course System 100