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| I Interviewed a Broker and Then Found Out it Was an AI Read more |
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Weigh In: Should The New York Commercial Financing Disclosure Law Be Preempted by TILA? The CFPB issued a statement on Wednesday to announce that it does not believe that New York's commercial financing disclosure law is preempted by the Truth in Lending Act (TILA). In a simple sense... Read more |
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Funding Companies Sue California Regulator Over Looming Disclosure Law |
| The alarm bells sounded over California's commercial financing disclosure law were more than rhetorical bluster. This past Friday, a trade association representing dozens of small business finance com... Read more |
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Missouri Reintroduces its Commercial Financing Disclosure Bill |
| In a preview of what's to come in 2023, Missouri State Senator Justin Brown (R) has reintroduced a commercial financing disclosure bill. SB 187, which is significantly less stringent than the law abou... Read more |
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Somehow, Blueacorn (who?) and Womply (who?) Became the Faces of Fintech in Congressional Investigative Report on PPP Fraud |
| According to a newly published congressional committee investigative report, fintechs facilitated PPP fraud. How this happened is laid out in 130 pages of detail that seemingly puts the brunt of the b... Read more |
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Avant Secures $250M |
| This fintech is still kicking Read more |
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LendingClub Buys Its Own Portfolio |
| In other news, a bank was forced to buy its own loan portfolio from someone else Read more |
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Newtek to Acquire NBNYC |
| Newtek will acquire the National Bank of New York City Read more |
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Cop and City Attorney Charged in PPP Fraud |
| Apparently there was no limit to who was willing to defraud the government Read more |
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Plaid Lays Off 20% of Staff |
| Via TechCrunch Read more |
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Kevin O'Leary Lost Out on $15M With FTX |
| The FTX catastrophe has apparently cost the Shark Tank investor $15M Read more |
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JG Wentworth Acquires Stilt |
| Via PR Newswire Read more |
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