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CFPB announces new appointments to advisory groups

CFPB Monitor

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Retail Bank, Citibank, New York, NY. Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA.

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Entrepreneurial Upscale Chefs Are Plating Recovery Plans

PYMNTS

Bon Appetit reported on a variety of restaurant responses to COVID, including that of Portland, Oregon’s popular upscale Russian dining establishment, Kachka. Others are taking it outdoors, where people tend to feel safer than in enclosed spaces these days.

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Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

In total, there were 13 fintech startups (or 15 by the Bank Innovations definition ), 12% of the total YC W16 class of 109. Point-of-sale financing for retailers. HQ: Portland, Oregon. The number of deals was inflated somewhat by the six new fintech companies launched at YC’s demo day that we had not previously covered.

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Vacation Rental Home Startup Vacasa Isn’t Just An Airbnb Knockoff

PYMNTS

First, according to Breon, Vacasa tends to operate in smaller towns and more affluent communities, where people have vacation or second homes, as opposed to larger cities and urban centers, where Airbnb typically dominates the market. And Vacasa is serving a vastly different clientele than the one Airbnb caters to.