Newsletter Sent On: 04/30/2018

Tips for More Successful Marketing Read more

Online Lender Teams Up With Bachelorette TV Star
JoJo Fletcher, who ended up with Jordan Rodgers in Season 12 of The Bachelorette, is now a spokesperson for Goldman Sachs' Marcus Read more

FTC Sues Lending Club
The federal regulator says that the company misled consumers about hidden fees Read more

Kabbage Acquires Orchard Platform
Orchard has a proprietary technology platform that simplifies mass-data analysis and Kabbage has a forecasting and predictive analytics engine that strengthens its automated underwriting platform. Together, they hope to create an even stronger platform that helps small businesses access capital quickly and efficiently. Read more

Gale Force Twins
From deBanked Magazine: When hurricanes struck Florida and Texas, non-bank small business finance companies had to act Read more

Despite Movement of Negative Bill for MCA and Factoring Industries, Hope for a Solution
The bill, introduced by California State Senator Steve Glazer, moved out of the Senate committee on Banking and Financial Institutions and is headed to the Judiciary committee – closer to potential passage. Yet advocates of the MCA industry, one of whom testified in the assembly room in Sacramento, are hopeful Read more

Boiler Rooms are Not Brands, Kabbage CEO Says
Read what Rob Frohwein had to say about call centers, branding, fintech, and customer engagement Read more

US Senator Wants USPS to do Banking
Sen. Kirsten Gillibrand, D-N.Y., unveiled a bill that would empower the U.S. Postal Service to take deposits and make loans, a move she said would wipe out predatory lending and improve consumers' access to financial services. Read more

Broker Fair 2018 in The Green Sheet
Payments magazine The Green Sheet spotlights upcoming Broker Fair conference Read more

6th Avenue Capital Announces Promotion of Darren Schulman to President
In his new position, Schulman has oversight over originations, underwriting, operations, collections and strategic initiatives. He previously served as Chief Operating Officer, and will continue to report directly to Chief Executive Officer Christine Chang. Read more

CFPB is now the BCFP
Late last month, the agency published a blog post announcing that it had devised a new seal for the agency. The seal is a neoclassical emblem similar to other federal agencies’, featuring an eagle and the name of the agency: The Bureau of Consumer Financial Protection. Read more

Square to Buy Weebly for $365M
The cash-and-stock deal will allow small business customers to use both Weebly and Square to easily build websites and online stores, the companies said. Read more

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

Finitive Launches Alternative Lending Investment Platform
Finitive, which brings capital from institutional investors to alternative lending companies, announced earlier this month that it received capital commitments totaling $1.3 billion. It also officially launched its financial technology platform. Read more

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