PYMNTS
FEBRUARY 14, 2018
An alternative lending conglomerate based in the U.K. TruFin Chief Executive Officer Henry Kenner said, “The highly experienced management team at TruFin and our group companies are passionate about the opportunities to grow our niche lending businesses. just secured more than $97 million through an initial public offering.
Insights on Business
NOVEMBER 13, 2017
Imagine a scenario in which opacity and complexity have been removed from the financial services industry. Anyone with an idea of how we might conduct business better and more efficiently, be it in wealth management, lending, insurance, or payments, could bring it to life with ease.
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PYMNTS
AUGUST 2, 2020
A bank employee referred her to Capital One’s toll-free customer service hotline. Rosati got a $30,000 PPP loan from a financial technology company and transferred the funds to Grasshopper Bancorp Inc. , Capital One told WSJ its SBA lending portfolio was modest but that it worked overtime to process PPP applications.
Chris Skinner
MAY 10, 2017
Here’s the summary: Financial Technology, more commonly referred to as FinTech, looks set to reshape the financial sector in the coming years and present Hong Kong with both challenges and opportunities. So I was intrigued to see Hong Kong issue their FinTech strategy today.
PYMNTS
NOVEMBER 17, 2020
Embedded finance, the release noted, refers to the integration of financial service technologies with other provider solutions. Traditional banking isn't built to serve small businesses, and financial technology is quickly filling that gap,” he said, according to the release.
CFPB Monitor
FEBRUARY 12, 2019
Democratic Congressman Bill Foster, who represents the 11th District of Illinois, has sent a letter to Maxine Waters, Democratic Chairwoman of the House Financial Services Committee, to express his “strong interest in serving as the Chair of the Taskforce on Financial Technology and Innovation that will be convened in the coming weeks.”
CFPB Monitor
NOVEMBER 22, 2022
Unlike the CFPB which has often given more emphasis to the potential consumer risks of financial technology-related advancements than the potential consumer benefits, the Treasury report takes a more even-handed approach.
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