2016 Archives - Page 2 of 2 - LEND360

The Office of the Comptroller of the Currency is considering allowing financial technology (or fintech) firms to become special purpose banks. This new status would allow them to largely avoid the state-by-state regulation that currently applies to them, but not to their bank competitors. Unsurprisingly, this prospect is not popular with state regulators, as reported in a recent American Banker story. They argue that such a move would weaken consumer protection and increase risk. Read full article.

by Brian Knight in American Banker

LEND360 announces its distinguished lineup of keynote speakers for the 3rd annual LEND360 conference, the only conference connecting every angle of the online lending industry, to be held October 5-7, 2016. From consumer, small business and marketplace lenders to service providers, including credit bureaus, payment processors and advertising/marketing companies, the entire ecosystem of the online lending spectrum is represented at LEND360.
Read full press release.