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OppFi files complaint to block “true lender” challenge by California Department of Financial Protection and Innovation

CFPB Monitor

In 2019, California enacted AB 539 which, effective January 1, 2020, limited the interest rate that can be charged on loans of $2,500 to $10,000 by lenders licensed under the California Financing Law (CFL) to 36% plus the federal funds rate.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Table of Contents: Amazon’s product strategy. Market strategy outside the US. Product strategy: Amazon takes on financial services. Today, Amazon Pay has evolved to include a digital wallet for customers and a payments network for both online and brick-and-mortar merchants. Amazon’s Next Financial Pillar.

Cards 101
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Finovate Fall 2016 Live Blog – Day 2

William Mills

Working for the past 6 years with many banks to design their online experience. Showing two different types of customers and how one person sees his online experience. What I expect is that Fiserv has developed a way for banks to be part of the social funding market segment (like Prosper). With reporting, can get rid of excel.