FinTech lenders are backing more loans with deposits as investors become tougher to find amid rising interest rates and expectations for higher yields. Banks and...
Artificial intelligence (AI) lending marketplace Upstart on Monday (Aug. 8) delivered lower than expected financial results for the second quarter of fiscal year 2022 that brought close...
The Consumer Financial Protection Bureau (CFPB) has terminated special regulatory treatments for two companies, Payactiv and Upstart, in less than one month, losing more than...
This week in TechREG U.S., cryptocurrency regulation has dominated the space. Lawmakers have discussed the role of cryptos in ransomware attacks and how to tackle...
Today in TechREG, the Consumer Financial Protection Bureau (CFPB) removed Upstart from its list of approved “no-action letters” (NALs). The NALs provided regulatory immunity, but...
Not bad. Relatively speaking, that is. In a week where sentiment in the stock market has been driven by retailers — Target, Lowe’s, et al...
FinTech lender Upstart said it will not keep loans on its balance sheet that financial institutions have no interest in purchasing. As The Wall Street...
In a week that saw two-thirds of its members falling 20% or more, the FinTech IPO Index fell to an all-time low, diving 27% for...
Artificial intelligence (AI) lending platform Upstart will be debuting Upstart AI Lending for Salesforce, which will bring AI-based lending to the financial services industry, a...