consumer finance

Mulvaney Pitches New CFPB Governance To Congress
Mulvaney Pitches New CFPB Governance To Congress
April 11, 2018  |  CFPB

In his first semiannual report to Congress, Mick Mulvaney said he is taking a narrow approach to running the Consumer Financial Protection Bureau (CFPB). Mulvaney,...

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Why SMB Lenders Need Straight Through Data
Why SMB Lenders Need Straight Through Data
March 01, 2018  |  SMBs

Securing bank financing for a small business (SMB) is neither fast nor easy, but the people running those SMBs need it to be both. For...

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Artificial Intelligence: FIs’ Friend Or Foe?
Artificial Intelligence: FIs’ Friend Or Foe?
November 22, 2017  |  Artificial Intelligence

Artificial intelligence (AI) doesn’t walk and talk like C3P0 of “Star Wars” (many would say: “Thank God”). It doesn’t mask murderous intentions with a calming...

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CO-OP Shared Branch Surpassed Chase In Number Of Branches
CO-OP Shared Branch Surpassed Chase In Number Of Branches
August 03, 2017  |  Payment Methods

The CO-OP Shared Branch network announced Wednesday (Aug. 3) that it has passed Chase in the number of branch offices, making the credit union cooperative...

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Prosper Gets Rid Of App Designed To Protect Identities
Prosper Gets Rid Of App Designed To Protect Identities
August 01, 2017  |  Fraud Prevention

Prosper Marketplace, the online lender, is reportedly getting rid of its Prosper Daily mobile app, which enabled customers to monitor their personal finances, like credit...

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UK’s PayBreak Completes £24.5 Million Funding Round
UK’s PayBreak Completes £24.5 Million Funding Round
June 21, 2017  |  Investments

PayBreak, the U.K. FinTech focused on consumer finance, announced Tuesday (June 20) that it has completed a round of fundraising that resulted in it raising...

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CFPB Requests Retail Credit Cards Offer More Transparent Promotions
CFPB Requests Retail Credit Cards Offer More Transparent Promotions
June 09, 2017  |  CFPB

The Consumer Financial Protection Bureau (CFPB) announced in a press release that it sent letters to top retail credit card companies encouraging them to use...

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CFPB: Consumer Finance Background Impacts How People Establish Credit Histories
CFPB: Consumer Finance Background Impacts How People Establish Credit Histories
June 08, 2017  |  Consumer Finance

The Consumer Financial Protection Bureau (CFPB) released a study Wednesday (June 7) that shows the way consumers establish their credit history can differ based on...

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House Committee Threatens CFPB’s Cordray With Contempt Charges
House Committee Threatens CFPB’s Cordray With Contempt Charges
June 08, 2017  |  CFPB

In another salvo lobbed by Congress and, specifically, Republicans toward the Consumer Financial Protection Bureau (CFPB), the House Financial Services Committee is, as The American...

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