Marketplace lending

Don’t let court squander online lenders’ chance to reach underserved

09/19/17

Most of the country has never heard of Madden v. Midland Funding, but the impact of the misguided court decision on consumers is far-reaching.

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Good news for fintech seen in CFPB’s ‘no-action’ move

09/15/17

The Upstart Network's CEO, Dave Girouard, explains how the online lender worked with a normally aggressive federal regulator to balance the needs for innovation and consumer protection.

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'Call me skeptical, but ...': Comments of the week

09/15/17

Readers react to Equifax's massive data breach, weigh in on the departure of SoFi's CEO, endorse a new digital identity system, and more.

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SoFi taps chairman Hutton for interim CEO as Cagney departs

09/15/17

The online lender has accelerated its search for a permanent CEO and is said to be seeking someone with a history of success in banking.

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Scandal at SoFi; Witherspoon’s ambition mission

09/14/17

In the string of scandals over how women are treated in the tech sector, SoFi is particularly egregious. Reese Witherspoon tackles the trouble with ambition for women. Plus, Edith Cooper and Lori Beer.

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Collaborators and hugs in at Finovate, disruptors out

09/14/17

More blazers — and fewer T-shirts — are evident at this tech conference than when it began 10 years ago, a sign of how fintech and traditional banking are blending.

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Credit markets need legislative guidance after Madden decision

09/14/17

A long-term discussion about rethinking rules of the credit market is worth having, but for right now Congress should restore clarity by correcting the Second Circuit’s mistake.

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CEO’s sudden exit spurs big questions about SoFi’s future

09/12/17

Mike Cagney’s eventual successor will have to decide whether to continue his focus on rapid growth. Also on the table are strategic decisions about when to go public and whether to pursue a bank charter.

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SoFi CEO Cagney steps down amid sexual harassment claims

09/12/17

The chief executive officer of Social Finance is stepping down before the end of the year amid sexual harassment accusations leveled at one of the most valuable financial technology startups.

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Is AI a threat to fair lending?

09/07/17

It’s highly debatable whether the artificial intelligence engines that online lenders typically use, and that banks are just starting to deploy, are capable of making credit decisions without inadvertent prejudices.

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