CFPB Monitor
AUGUST 22, 2016
According to the CFPB, the new members “include experts in consumer protection, financial services, community development, fair lending, civil rights, consumer financial products or services, representatives of community banks and credit unions, and scholars with relevant methodological and subject matter experience.”
William Mills
DECEMBER 12, 2017
For banks, small business and commercial lending can be bogged down by tedious application processes, sluggish response times and frequent delays. Established just last year, AI Foundry created a lending system focused on transforming the customer experience using robotic process automation. www.miradortech.com. AI Foundry.
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Fintech Labs Insights
AUGUST 20, 2015
Alt-consumer lending. HQ: Portland, Oregon. HQ: Portland, Oregon. Peer-to-peer lending marketplace for small businesses. Mobile investment research & management tool. Tags: Credit, P2P, lending, underwriting, investing, SMB. Total raised: $1.75 billion (at least $400 million is debt). Total raised: $1.43
PYMNTS
JUNE 11, 2018
Fair isn’t in the business of lending money to consumers to buy cars. The supply is managed through a network of local dealers, and when the car has lived out its useful life, it is liquidated. It’s a big aspiration, and time will tell if Fair will play out in Peoria as well as it does in Portland.
Tefkin
MARCH 12, 2014
In the last years, most of the focus on innovation in financial services has been, it seems, on banking (investing and lending) and payment. However, from a technical perspective, the cost of acquiring, storing, managing and calculating on data has become lower and lower. Take the example of MetroMile based in Portland.
Fintech Labs Insights
JUNE 25, 2015
That makes the credit score provider the second most valuable alum (after Lending Club , currently trading at $6 billion). HQ: Portland, Oregon. Payments risk & compliance management. Tax & accounting practice management. Online investment manager. billion valuation. Source: Finovate. Total raised: $15.2
Fintech Labs Insights
MARCH 22, 2016
million for its P2P lending platform for small businesses. Alt-lender focused on lending against existing automobile titles. P2P real estate lending marketplace. Peer-to-peer lending marketplace. Tags: Consumers, youth market, lending, loans, credit, underwriting. SmartAsset raised $3.8 Qumram raised $2.5
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