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Kevin Wack

Staff Writer

Kevin Wack is a California-based reporter for American Banker who covers the U.S. consumer finance industry. He was formerly the newspaper's Capitol Hill correspondent. Earlier, he worked on financial policy in Washington, first as a fellow with the Senate Permanent Subcommittee on Investigations and later as senior editor for the Congressional Oversight Panel for TARP. Wack has also reported for the Associated Press and worked as the investigative reporter for the Portland Press Herald in Maine. A St. Louis native, Wack is a graduate of Stanford University and holds a master's degree from Northwestern University's Medill School of Journalism.

Recent Stories From this Author

Why Payment Firms See Opportunity in Small-Business Lending
July 1, 2015 PayPal, Amazon, Square and American Express have all built new businesses by extending credit to merchants that already rely...

CircleBack Lending Completes First Securitization
June 26, 2015 CircleBack Lending, an online marketplace that offers installment loans to consumers, has completed its first securitization...

When B-to-B Borrows from P-to-P
June 26, 2015 Ex-banker Sandy Kemper, the chief executive of an online marketplace that allows companies to negotiate over discounted,...

SEC Petitioned for First-of-Its-Kind Marketplace Lending Fund
June 25, 2015 RiverNorth Capital Management is seeking to establish a closed-end fund that would serve as a source of permanent capital for...

Pa. Man Charged with 15-Year Online Payday Lending Conspiracy
June 23, 2015 The case against Adrian Rubin offers a tour through lenders' efforts, dating back to the late 1990s, to avoid state-by-state...

In Auto Lending, CFPB Hits Speed Bumps
June 23, 2015 The powerful Consumer Financial Protection Bureau is helping to reshape mortgage and payday lending, but its attempts to curb...

Green Dot Shares Rise After Walmart Renews Key Contract
June 22, 2015 Shares in Green Dot surged more than 30% late Monday after the firm announced the five-year renewal of a prepaid card contract...

States May Be Bigger Problem for Marketplace Lenders than Feds
June 22, 2015 The regulatory path may also be bumpier for P-to-P lenders that focus on subprime borrowers, predicts Raj Date, a former...

Kabbage Partners with UPS on Small Business Loans
June 18, 2015 Kabbage, the online small business lender, has announced a partnership to make loans to customers of United Parcel Service,...

Banks Handed Defeat on Robo-Calling Rules
June 18, 2015 The Federal Communications Commission rejected requests by banks and other companies that would have curbed lawsuits over...