CFPB Monitor

SEPTEMBER 10, 2020

Thereafter, “using its existing lending operations and personnel, LoanMart commenced ‘marketing’ and ‘servicing’ auto title loans purportedly made by CCBank, a small Utah-chartered bank operating out of Provo, Utah.” The DOB indicated that such loans have interest rates greater than 90 percent.

Utah 78

Utah California FDIC West Virginia 78

Gonzobanker

DECEMBER 19, 2017

Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. For 35 years, Wilmers led M&T with creativity, integrity and the “old-school” wisdom of a community banker who created a $26 billion market cap company. Oh, by the way, that Fintech darling of two years ago Lending Club?

Conference 90

Conference Industry Community Bank Community 90

FICO

AUGUST 27, 2018

It’s August and it’s hot in Washington DC. regulators to develop a system similar to a regulatory sandbox, establishing a national data security and breach notification standard and calling for the rescission of the Bureau of Consumer Financial Protection (BCFP) payday/small dollar lending rule. Fintech Policy in the US: What’s Next.

Policies 49

Policies US Fintech DC 49

CB Insights

MAY 15, 2019

Visa — One Market Center. Key people: Chris Curtin, Chief Brand & Innovation Marketing Officer; Shiv Singh, Senior Vice President of Innovation & Strategic Partnerships. Notable projects: A blockchain mortgage lending application looks to harness the power of blockchain technology and apply it to the mortgage industry.

Innovation 78

Innovation blockchain Technology Groups 78

FICO

JANUARY 9, 2017

Last fall, I suspect that most regulatory compliance professionals in the U.S. consumer lending market anticipated 2017 would be more of the same. Led by the CFPB, federal agencies have aggressively used the disparate impact legal doctrine in the lending arena. Everything changed on November 8. You are not alone.

Regulation 40

Regulation Lending New York Leadership 40