Category: Online Lending

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Fintech Week in Review: Week of November 1, 2019

House Financial Services Subcommittee Hearing on Discrimination Against LGBTQ+ in Lending and Housing The House Financial Services Subcommittee on Oversight and Investigations held a hearing this week on the extent and effects of discrimination against persons who identify as lesbian, gay, bisexual, transgender, or queer (LGBTQ+) when seeking housing or credit in the United States. … Continue Reading

Fintech Week in Review: Week of October 18, 2019 and Week of October 25, 2019

Federal Judge Rules the OCC Lacks Authority to Issue Fintech Bank Charters U.S. District Judge Victor Marrero approved a final judgment in favor of the New York Department of Financial Services (NYDFS) that sets aside the Office of the Comptroller of the Currency’s (OCC) special-purpose chartering regulation for certain non-depository fintech applicants seeking a limited-service … Continue Reading

ISDA Publishes Guidelines for Smart Derivatives Contracts

The International Swaps and Derivatives Association (ISDA) has published the first in a series of guidelines for what it colloquially refers to as “smart derivatives contracts” (the Guidelines).* A smart derivatives contract is a derivative that incorporates software code to automate aspects of the derivative transaction and operates on a distributed ledger, such as a … Continue Reading

Pitchbook Report: What 2017 Has in Store for Fintech

What 2017 Has in Store for Fintech Pitchbook Report Fintech saw a much more interesting 2016 after a 2015 when the subsector looked ripe for ascendency. Tumult in the high-yield credit market rocked the calculus of alternative finance, and digital currencies faced both scandal and huge rallies. Huge name brands both entered, exited and doubled … Continue Reading
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