CFPB Monitor

JANUARY 9, 2020

The CFPB and Utah AG’s Office have announced that they will hold the first joint office hours as part of the American Consumer Financial Innovation Network (ACFIN). The joint office hours will be held on January 30, 2020 in Salt Lake City, Utah.

Utah 78

Utah South Carolina Tennessee Arizona 78

CFPB Monitor

NOVEMBER 16, 2020

The CFPB and the Colorado AG’s Office have announced they will hold joint virtual office hours as part of the American Consumer Financial Innovation Network (ACFIN). ACFIN is a network of federal and state regulators that may include state attorneys general, state financial regulators, and federal financial regulators.

Colorado 78

Colorado South Carolina Tennessee Utah 78

CFPB Monitor

MARCH 15, 2022

The complaint recites that prior to 2019, the Bank entered into a contractual arrangement with OppFi (Program) pursuant to which the Bank uses OppFi’s technology platform to make small-dollar loans to consumers throughout the United States (Program Loans). Maryland, New York, North Carolina, Ohio, Pennsylvania, West Virginia, and Colorado.

California 78

California Innovation Utah West Virginia 78

CFPB Monitor

JUNE 11, 2019

Utah Governor Gary Herbert signed H.B. Regulatory sandboxes are laboratories for the development of innovative technologies in an environment that is free from onerous government restrictions. The sponsor of Utah’s legislation, Rep. The program will be administered by the Utah Department of Commerce (the Department).

Utah 60

Utah Arizona Regulation Innovation 60

PYMNTS

NOVEMBER 5, 2018

Driven by President Donald Trump, the federal government will continue to study the technology-heavy hitters in Silicon Valley to identify any potential antitrust violations. The Washington Post pointed to Senator Orrin Hatch, the Republican from Utah who wants the probe reopened. 4), Trump said the government is looking into it.

Google 162

Google Washington Utah Study 162

CFPB Monitor

AUGUST 7, 2020

Acting Comptroller Brooks stated that Varo Bank’s full-service charter, the first granted by the OCC to a consumer fintech, “represents the evolution of banking and a new generation of banks that are born from innovation and built on technology intended to empower consumers and businesses.”. However, as the Varo Bank N.A.

Fintech 78

Fintech FDIC Utah National 78

Gonzobanker

DECEMBER 17, 2021

This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships. 82% to over 2.3%

Fintech 143

Fintech Strategy Leadership Lending 143