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FHFA announces Office of Financial Technology

CFPB Monitor

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space.

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How Have the Finovate Best of Show Winners Fared?

Fintech Labs Insights

Wysh: Emerging player in the wish-list market, innovative features attracting young demographics, growth driven by effective social media use. 9Spokes: Raised $17M for its comprehensive business management platform; increasing partnerships with major banks. SAVVI AI: Raised $5.6M

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The 2023 GonzoBanker Awards

Gonzobanker

Award – goes to CNBC’s Jim Cramer , who lamented that banks should have been innovating offerings like those delivered by PayPal and Square. The Ali vs. Foreman Award – goes to hedge fund manager Steve Eisman and Second Curve Capital ’s Tom Brown , who are polar opposites in the bank investment landscape. billion, Kalamazoo, Mich.).

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