Treasury Report Calls for Stronger Oversight of Marketplace Lenders
While online marketplace lenders are subject to many of the same rules as banks for loan originations, marketplace lenders receive ...
Tag: Fintech
Bipartisan House Letter Cautions Treasury on Business Lending
Business lending is fundamentally different from consumer lending, and regulations should not treat them similarly, a bipartisan group of 20 ...
WSJ Report: CFPB Expected to Supervise Online Nonbank Lenders
The Consumer Financial Protection Bureau is expected to propose a rule allowing it to supervise online marketplace lenders, according to ...
Time to Embrace Fintech
By Kathleen Craig
Democratic Senators Call for New GAO Study of Fintech
Senate Banking Committee Ranking Member Sherrod Brown (D-Ohio), joined by Sens. Jeff Merkley (D-Ore.) and Jeanne Shaheen (D-N.H.) today called ...
Regulatory Burden, Fintech among Key Concerns for Fed Advisory Council
Members of the Federal Reserve’s Community Depository Institutions Advisory Council -- which includes several ABA member bank CEOs -- raised ...
Boston Fed President Highlights Cyber Risks, Fintech
It is unclear whether nonbank financial technology firms have fully captured the risks of economic downturns and cybersecurity breaches into ...
ABA Welcomes OCC’s Principles for ‘Responsible Innovation’
ABA today applauded the OCC for its white paper outlining principles for how the agency will support innovation in the ...
Curry: Regulators Updating CRA Q&As as Part of Fintech Response
The federal banking agencies are preparing updates to the Community Reinvestment Act questions and answers to provide guidance on how ...
