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CDFIs Kick Off PPP Loan Submissions

Abrigo

In a later news release, the SBA described the timeframe for other lenders to begin accessing the system as “a few days later,” adding it will provide updates on system operations throughout the week. Registering with SAM.gov is a new requirement during this round of the PPP and is part of the SBA’s efforts to combat fraud.

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Fintech Fundings: 39 Companies Raise $930 Million Week Ending April 15

Fintech Labs Insights

Two Finovate alums raised fresh capital: Emailage raised another $5 million for its email-based fraud prevention solutions. Equities markets operator. HQ: Oakland, California. HQ: Oakland, California. Alt-lender using high-end luxery items for security. Fraud protection for financial institutions.

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The Nerd Oscars: 24 Best Data Science Moments in Movies

FICO

Computer systems are not yet ready for operational use (though the IBM® 7090 is the butt of multiple jabs throughout the movie). In the film, volatility levels in mortgage-backed securities are exceeding historical levels. (Chernin Entertainment). Margin Call is based on the 2007-2008 financial crisis. The Weinstein Company).

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