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The fintech wants to facilitate loans for elective surgeries, auto repairs and jewelry purchases, but regulatory uncertainty — at the state and federal levels — casts a cloud over its business model.
May 2 -
Dollar Bank has applied to form a mutual holding company as it nears a key regulatory threshold.
May 2 -
Early polling shows that the Massachusetts senator is a strong contender for the White House, setting her up to shape the debate on financial services even if she doesn’t run.
May 2
American Banker -
“Sometimes Washington picks the winners for you,” said Manny Friedman, CEO of the hedge fund EJF Capital.
May 2 -
Which party controls the House next year is still uncertain, but this much is clear: Someone other than Texas Republican Jeb Hensarling will hold the gavel on the Financial Services Committee.
May 2 -
Prometheum wants to win the SEC’s approval of its own token offering, paving the way for others shortly afterward.
May 2 -
How a measure to make opening online accounts easier was crafted — and why it needs to pass Congress.
May 2
Baker Donelson -
Camden Fine, the president of the Independent Community Bankers of America, is due to retire this week. We talk with him about his long career — and his fears for the future of his industry.
May 2 -
The acting Consumer Financial Protection Bureau director should be investigated for potential Hatch Act violations following his controversial remarks at a banking industry conference, Senate Democrats said Tuesday.
May 1 -
Judge Dabney Friedrich ruled that the case could not proceed because the OCC has not actually granted the fintech charter to any firm.
May 1










