News·Oct. 22, 2019Judge Rules OCC Unable to Issue Fintech ChartersWe’ve been following the OCC Fintech Charter since it was first formally proposed in December 2016. Since then it has... Read Full Story
FintechNews RoundupUSA·Jun. 12, 2019Are Algorithms Used by Fintechs Discriminating Against Borrowers?Elizabeth Warren and Doug Jones are asking regulators to take a closer look at the tools that fintechs are using... Read Full Story
FintechNews RoundupUSA·May. 13, 2019Affirm Executive Joins California’s Top Financial RegulatorManuel Alvarez was previously general counsel and chief compliance officer at Affirm; today he was sworn in as commissioner of... Read Full Story
FintechNews Roundup·Mar. 18, 2019China’s Central Bank Plans to Gradually Introduce Fintech RegulationOver the weekend China’s central bank stated that they will be gradually introducing a system of rules in order to... Read Full Story
FintechNews RoundupUSA·Jan. 24, 2019Government Shutdown Beginning to Impact FintechsAs the partial government shutdown enters its second month, the impact is beginning to effect the fintech industry, from both... Read Full Story
Regulation·Jun. 17, 2019Congress Passes New Law to Mandate IRS ModernizationWhen LendingClub’s founder and then CEO Renaud Laplanche testified before congress in December 2013 he was asked what the federal... Read Full Story
Peer to Peer Lending·Jun. 4, 2019FCA Announces New Rules For UK P2P Lending PlatformsThe long awaited changes to P2P lending regulations in the UK are finally here. Today, the Financial Conduct Authority (FCA)... Read Full Story
FintechNews RoundupUSA·May. 1, 2019New York Opens Consumer Protection and Financial Enforcement DivisionThe division will focus on corporate compliance and consumer issues and Katherine A. Lemire, a former assistant US attorney has... Read Full Story
FintechNews RoundupUSA·Mar. 12, 2019Are Fintechs Getting a Regulatory Pass?An American op-ed details how the growing fintech space poses a risk to consumers and their personal information; Dan Berger,... Read Full Story
FintechNews RoundupUSA·Jan. 7, 2019Manatt Fintech’s Top 5 Takeaways of 2018Brian S. Korn, Leader, Digital Finance and Marketplace Lending, Partner, Manatt Financial Services and Benjamin T. Brickner, Associate, Corporate and... Read Full Story