cfpb
Consumer Financial Protection Bureau fines BloomTech for false claims
The CFPB is permanently banning BloomTech from consumer lending activities and its CEO, Austen Allred, from student lending for a period of 10 years.
In a shot across the bow to the buy now, pay later (BNPL) industry, the U.S. Consumer Financial Protection Bureau (CFPB) today issued a report suggesting that companies like Klarna…
To reach fintech’s next level, infrastructure providers must address these pain points
As long as infrastructure providers are able to specialize to address the pain points of their customers, they can be an asset to any market they serve.
The Apple Card case is a strong example of how current anti-discrimination laws fall short of the fast pace of scientific research in the emerging field of quantifiable fairness.
With the finance world now leveraging tech to conduct business, financial services regulators are also developing new tech to monitor markets, supervise institutions and for administration.
Technology has transformed how we work, communicate and travel. In contrast, modern digital technology has not yet transformed financial services. Open data is the key to change in this sector…
U.S. Consumer Financial Protection Bureau Gets Open Source, Publishes on GitHub
I’ve been harping for a while here on TechCrunch about the benefits of open source software. I often quote Canonical’s Technical Architect Allison Randal, who said “Free software is a…
