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Wyoming Becomes Second State to Create Fintech Regulatory Sandbox

USA - March 5 2019 On February 19, Wyoming Governor Mark Gordon signed HB 57, which creates a regulatory sandbox program in the state for companies to test innovative...

Fintechs Contribute to Rapid Growth in Personal Loans

USA - February 25 2019 In a recent article reported by CNBC, the unsecured personal loan market reached a record high last year, surging 17 percent year-over-year to $138...

Fintech to Remain a Policy Priority Area for the House Financial Services Committee

USA - February 14 2019 Rep. Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, recently delivered her first policy speech in the 116th Congress. In...

State Attorneys General Criticize the CFPB’s Proposal to Create a Fintech Regulatory Sandbox and Revise its No-Action Letter Policy

USA - February 13 2019 The Consumer Financial Protection Bureau (CFPB or Bureau) to Foster innovation in the fintech sector. In December 2018, the CFPB issued proposed...

Federal Reserve Reportedly Has Reservations About OCC and FDIC Fintech Initiatives

USA - January 15 2019 The Federal Reserve has concerns and reservations about providing fintech companies with access to the banking system through bank charters...