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Rocket Trims IPO By 39 Pct From $3.3B To $2B After Investors Reject Valuation

PYMNTS

Rocket Companies, the parent of mortgage lending giant Quicken Loans , reduced its terms to go public, Bloomberg reported. Rocket describes itself as the largest retail mortgage lender in the U.S. The company, founded by billionaire Dan Gilbert, is seeking to raise about $2 billion in an initial public offering (IPO).

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CFPB representatives to be featured at 21st Annual PLI Consumer Financial Services Institute

CFPB Monitor

The 21 st Annual Consumer Financial Services Institute, sponsored by the Practicing Law Institute, will take place on April 4-5, 2016 in New York City (and by live webcast and groupcast in Cincinnati, Cleveland, Philadelphia, Pittsburgh, Mechanicsburg, PA) and on May 12-13, 2016 in Chicago. Thompson, Managing Counsel, Office of Regulations.

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CFPB representatives to be featured at 20th Annual PLI Consumer Financial Services Institute

CFPB Monitor

The 20 th Annual Consumer Financial Services Institute, sponsored by the Practising Law Institute, will take place on April 6-7, 2015 in New York City (and by live webcast and groupcast in Cleveland, Philadelphia, Pittsburgh, Mechanicsburg, PA and New Brunswick, NJ) and on April 27-28, 2015 in Chicago.

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Subscriptions, AR Automation, PPP Loan Forgiveness Top This Week’s News

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Amazon has reportedly debuted the newest contactless way to make a payment at checkout through its Amazon One offering, which allows users to make a payment with a palm at some of its retail locations. Square Unveils QR-Code Based Ordering for Eateries . Pandemic Pushes 70 Pct of Businesses to Automate Accounts Receivable.

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Fizzle Of The Week: Economic Cooperation (The Trade Kind, That Is)

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Oh, and we’ve managed to peeve any number of folks in the European Union, which has a list of goods, from whiskey to blue jeans (as has been noted time and again in the press) that will be slapped with retaliation. By the end of 2018, the retailer plans to have the meals in 2,000 of its locations.

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