CFPB Loses Sight of Original Mission After Overhaul
When the CFPB was first formed the mission was to better protect consumers from financial products that did not suit their needs; it was ...
JPMorgan Expands Blockchain Usage for Payments and Fintechs
JPMorgan’s Interbank Information Network (IIN) has already signed up more than 220 banks and now they plan to expand the usage beyond data sharing ...
Fifth Third Bank Becoming More Focused on Digital
In the coming months Cincinnati-based Fifth Third bank will hire 200 new tech workers as it continues to invest in digital; the nation’s 15th largest ...
Prosper Fined by the SEC for Inflating Investor Returns
The Securities and Exchange Commission fined online lender Prosper late last week for inflating returns to more than 30,000 investors; the company was forced ...
U.S. Banks and Regulators Still Lag Behind the Rest of the World
In his most recent book, Bank 4.0, Moven founder Brett King explains how U.S. banks and regulators are still significantly behind other countries when ...
National Venture Capital Association VCs to DC Event in June
Join the National Venture Capital Association’s on June 5 in Washington, D.C. for VCs-to-DC, which convenes top venture capital investors, entrepreneurs, and policymakers to take ...
Lend Academy Podcast: Jerry Nemorin of LendStreet
In episode 195 of the Lend Academy Podcast the CEO and Co-Founder of LendStreet talks financial health via a new approach to debt settlement; the ...
Lively Attacking a New Fintech Niche: Health Savings Accounts
In 2003 Congress authorized the creation of Health Savings Accounts (HSAs) to help consumers who have high deductible medical plans; today Americans hold $60 billion ...
Chinese Banks Should Expand Their Credit Card Offerings
In China only prime consumers have credit cards with just 21% of the population carrying one; the delinquency rate on these credit cards is just ...
Announcements & Releases for April 22, 2019
Big Banks vs. Silicon Valley Startups – Whose Customer Financial Data Is It Anyway? Mixed Bank Earnings; PeerIQ’s ...