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| Tips for More Successful Marketing Read more |
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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 |
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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 |
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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 |
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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 |
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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 |
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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 |
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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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