Junheng Li, founder of an independent research firm focused on Chinese companies provides an update on lending in China with the recent news of tightening regulation. Source
Last month the Financial Stability Oversight Council (FSOC) released their annual report. This 165-page report highlights potential risks to our...
[Editor’s note: This is a guest post from Neil Roberts. He is the CEO of Harmoney, a new p2p lending...
Despite recent regulatory changes designed to encourage banks to offer small dollar loans few banks are taking up the challenge;...
Cleaver stated, “If we fail to act on fintech, we are setting ourselves up for problems down the road. Not because the fintech folks are evil…but because we are behind the curve.”; Cleaver also discussed the importance of understanding what is going on in fintech so the proper safeguards can be put in place; he proposed that fintech companies should speak before the Financial Services Committee and that more meetings should be held. Source
Ant Financial is unlike any other company in the world, providing a wide swath of products and services; the company...
CEO of LendIt Fintech Bo Brustkern recently traveled to London to meet with fintechs, regulators and investors; in this post...
Randall Quarles, vice chairman for supervision at the Federal Reserve made recent comments about taking a fresh look at regulations; He stated, “History has shown us that, it’s not just a question of where has the risk that we knew moved, but what new risks are developing? I think that in the regulated area … we ought to be looking at what the implications of the growth of fintech ... I think we ought to be looking at cyber, obviously.” Source
The MiCA Bill was passed in April, bringing with it a possible end to the lack of clarity in European crypto but it's not all plain sailing.
Manatt is one of the leading professional services firms in fintech; in our latest guest post Brian Korn, Neil Faden,...