Financial Technology Groups Innovation Lending 
CFPB Monitor
AUGUST 1, 2022
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.
Bank Innovation
MARCH 23, 2020
Financial-technology firms including PayPal Holdings Inc. are lining up to help speed lending to small businesses during the coronavirus crisis — and are pushing for a slice of emergency U.S. government funding. and to permit the firms to […].
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CFPB Monitor
MAY 18, 2016
In particular, he indicated that while FinTech companies should not have an advantage in the marketplace over banks because they are not complying with same rules, the CFPB would seek to enforce the laws without stifling innovation. on “Supporting Responsible Innovation in the Federal Banking System.” Registration is free.
Perficient
JULY 11, 2022
According to a survey by Lending Tree , nearly 70% of BNPL users admit to spending more on purchases when BNPL is an option than they do if they have to pay for everything upfront, bringing up the average value per order and resulting in higher profits for participating merchants. According to Kristen E.
PYMNTS
AUGUST 4, 2017
The report included several recommendations for banks, FinTechs and other financial services players — guidelines to establish an industry-driven framework for governing the system and encourage further research and investment in emerging financial technologies. The lending environment is changing so rapidly,” Giorgio said.
Bobsguide
MAY 25, 2022
London — May 16, 2022 — Mindtree , a global technology services and digital transformation company, and Finastra , a leading financial technology provider, today announced a partnership to bring Finastra’s Fusion Payments To Go payments technology to banks in the Nordics, the UK and Ireland, as a managed service.
PYMNTS
DECEMBER 17, 2018
A financial technology company called B-Social has raised £3.2 B-Social offers a social finance app and a beta debit Mastercard, which allows its customers to keep a close eye on daily spending and track where money is going, and also creates groups between people to split bills and keep a record of who owes what.
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