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Another Maryland threat to bank partner model lending

CFPB Monitor

According to the factual allegations in the OCFR’s Charge Letter : The Bank offers in-store retail credit financing as well as store-branded credit cards to Maryland consumers. The Bank retains ownership of the credit accounts and the debtor-creditor relationship with Maryland consumers for the life of the loan account.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. Costco Card. Online lending .

Lending 101
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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 Social media management & compliance for financial institutions . Louis, Missouri. Tags: Enterprise, compliance, social media, regulations, marketing, Finovate alum. More than half the total ($46 million) went to Chinese P2P lender Weijinsuo. .