2017 Archives - LEND360

Key Learnings from the LEND360 State Listening Session

By: Michael Day, LEND360

While a significant focus at this year’s LEND360 was on policy at the federal level, I had the opportunity to lead a very interesting listening session examining the innovative work taking place in our state capitals. LEND360 has long recognized the important role states play in growing the industry but this discussion was especially key given the fact that in the past year almost a third of the states have enacted over 20 new laws impacting the fintech industry. From loan caps and licensing to enhanced reporting and regulatory requirements there has been a huge amount of change in lending at the state level.  

Adapting to the Changes Facing the Fintech Industry

By: Michael Day, LEND360

With LEND360 just around the corner, we have an incredible conference in store reflecting the industry’s tremendous growth. Online lenders currently originate approximately $40 billion in consumer and small business loans in the U.S., doubling every year since 2010. As the industry becomes more established this creates a whole new landscape. Now is the perfect time for our industry to come together. It’s our goal at LEND360, through the 150 plus speakers and over 45 sessions planned, to help you adapt to the changes facing the fintech industry, including: 

LEND360 Partners with LendingTree to Award a $10,000 Prize to Winner of the LEND360 Startup Innovators Program

ARLINGTON, VA (September 25, 2017) — LEND360 announces LendingTree, the nation’s leading online loan marketplace, will award a $10,000 prize to the winner of the LEND360 Startup Innovators Program, an on-site competition where fintech startups will present cutting-edge solutions that are propelling the online lending ecosystem forward. 

LEND360 Comment Letter on CFPB Request for Information Regarding Section 1071 of Dodd/Frank

The LEND360 Small Business Lending Advisory Committee evaluated and commented on the Request for Information from the Consumer Finance Protection Bureau (CFPB) regarding Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Section 1071 pertains to lender data collection requirements for loans made to small, minority, and women-owned businesses.

This Committee has been integral in shaping the discussions for LEND360, as well as engaging in policy issues impacting the small business lending industry. The full comment letter is located below: 

 FOR IMMEDIATE RELEASE

 LEND360 Forms First of Its Kind Small Business Lending Advisory Committee

Committee to help facilitate LEND360 initiatives focused on the small business lending space.

ARLINGTON, VA (September 14, 2017) — The 4th Annual LEND360, the go-to event for leaders in the fintech industry, has formed a Small Business Lending Advisory Committee, made up of key industry players. LEND360 has always had a strong focus on business lending, and the forming of this committee is a natural progression of its growing focus at the event.