article thumbnail

FTC sends 2016 ECOA report to CFPB

CFPB Monitor

In June 2016, the FTC launched a series of forums exploring emerging financial technology and its implications for consumers. Changing demographics workshop. Interagency fair lending task force. Fintech forum.

Report 68
article thumbnail

Finovate Fall 2016 Live Blog – Day 1

William Mills

Command center for small business lending. This triggers activity and lending platform. 300 million people with accounts but no scoring for financial products. First product is small business lending using machine learning. Quicken Loans has invested in some cool technology and promoting the heck out of it.

Mobile 40
article thumbnail

37 Corporate Innovation Labs In Finance

CB Insights

It also serves as a testing ground for new ideas from the Labs via customer feedback, demo bars, and workshops. Participants get a workspace, mentorship, connections to industry leaders and user groups, feedback on products, and weekly workshops and panel discussions. Deutsche Bank — Deutsche Bank Labs. Founded: 2016.