FinRegLab in the News
CFPB’S Open Banking Rulemaking Muddled by Dated Finance Laws
news.bloomberglaw.com
“A growing consensus that the CFPB should create regulations on ensuring consumers’ safe sharing of their bank data with finance apps, such as Venmo and Mint, isn’t making the agency’s job any easier.”
FinRegLab in the News
Pandemic Lending Pushes Community Banks Toward Fintech Fixes
news.bloomberglaw.com
“A federal stimulus program to combat the recent economic downturn is pushing more community banks to embrace financial technology partnerships.”
“A shift in people’s creditworthiness ranking has been happening all over the world. We need to make sure the change’s innovative impact is a financially inclusive and anti-discriminatory one.”