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Why AI Risk Tech And Banks Could Be A Match Made In Heaven

PYMNTS

We only do personal loans, as of yet we don’t do mortgage or auto loans and we are just testing out a credit card product with one of our banking partners. Innovation, he said, is still an advantage, and Upstart’s goal is to bring its accuracy in judging risk to the advantage of as many banks as possible going forward.

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Ballard Spahr Submits Comment Letter to OCC in Support of Proposed True Lender Rule

CFPB Monitor

Ballard Spahr LLP has submitted a comment letter to the OCC in support of its proposed rule , “National Banks and Federal Savings Associations as Lenders” (the “Proposed Rule”). Three virtually identical Federal Interest Statutes govern interest that may be charged by Banks: Section 85 of the National Bank Act (“NBA”), 12 U.S.C. §

FDIC 78
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Data Dive: And The Winner Is Edition — SMBs Worldwide, DoorDash And Gun Regulation

PYMNTS

Best Picture — Payments Innovation. But no matter where one looks, it seems payments innovation is the big winner. On top of that, many firms have announced they plan to rethink — or simply cancel — their relationship with the National Rifle Association (NRA). And the winners are…. Best Round of Fundraising — DoorDash.