A look back at the most popular fintech stories, podcasts and cartoons of 2023.
I first wrote about the GAO report on p2p lending last year. The GAO have been doing an analysis of...
Fed Reserve Governor Christopher Waller said that FedNow will launch a country-wide interstate highway for payments in about six months.
How dismantling the Consumer Financial Protection Bureau turns back the clock — exposing consumers to financial harm and encouraging unfair...
The UK government has told P2P lenders that wholesale lending does not count under the current regulations and the practice is too risky for retail investors; wholesale lending is when you lend money to a business who then lends that money out; the FCA said, "this would mimic banking – but without the same protection for individuals or regulations for the firms involved"; P2P lender RateSetter started to wind down their wholesale loan book after getting more clarity from the FCA in December; the FCA still hasn't provided full clarity on the subject, but they are at least beginning to give more insight so lenders know where the boundaries are. Source
In a case that has taken three years to reach a verdict, XRP token is found not to be a security. But Ripple isn't completely off the hook.
The paper, published by the President's Working Group on Financial Markets, argued that regulation must address defi money laundering and terrorism financing to create broader investor protection.
Three questions for former CFPB Deputy Director Raj Date Earlier this month, Department of Government Efficiency (DOGE) czar Elon Musk...
The Federal Reserve made several changes to the Main Street Lending Program on Monday that should result in more businesses...
The last day of the year is normally pretty quiet as far as news goes but LendingClub had two major...