Newsletter Sent On: 01/17/2018

Alternative Lending Set to Boost Small Business Strength in 2018 Read more

Defendants in Forged COJ Case Fail to Appear
A motion for a default judgment has been filed against an ISO and co-defendants who allegedly forged a Confession of Judgment Read more

Jersey City is Quietly Becoming a Fintech Hub
According to New Jersey state records, Pearl Capital is another financial company being lured to Jersey City to boost jobs and prosperity Read more

Was This Bitcoin Lender's Returns Too Good to be True?
BitConnect ceased its lending operations after authorities issued cease and desist orders. Read more

BlueVine Names Ana Sirbu as CFO
A graduate of Harvard University, Sirbu began her career in investment banking on Wall Street. She later was a technology investor at Silver Lake Partners and Google Capital, before joining BlueVine Read more

Trump's CFPB to Rewrite the Payday Rule
Will Cordray's infamous payday regulation be dismantled? Read more

New Mexico Bill Would Allow State Employees to Repay Loans Via Paychecks
The methodology of withholding future payments to repay a loan have been introduced to a state government Read more

NYDFS to Study Online Lending
Instead of an independent task force, the New York regulator convinced the governor to carry out their own study on online lending in the state Read more

Marlette Funding Names Mark Elbaum as CFO
Mark was the CFO of Merrill Lynch, Bank of America’s Wealth Management business. Read more

LendingPoint Acquires LoanHero
LoanHero will help accelerate LendingPoint’s expansion into point-of-need and point-of-sale financing, with its comprehensive and innovative merchant onboarding and reporting tools and installed merchant base. Terms of the deal were not disclosed. Read more

Kodak is Launching a Cryptocurrency
Is this a desperate play for a sagging camera company? Read more

New Legislation Boosts 7(a) Oversight
If passed, the SBA would have more oversight of the 7(a) loan program Read more

Get Certified in MCA Basics
Make sure you know how MCAs really work before you sell them Read more

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