Tagged: rfi

CFTC Requests Feedback for Consultation on Crypto Mechanics Including Underlying Tech for Ethereum

The Commodity Futures Trading Commission (CFTC) has launched a public consultation today seeking feedback on “crypto-asset mechanics” including Ethereum (Ether) and Bitcoin. The CFTC said the consultation will better inform the Commission’s understanding of the markets for virtual currencies. In a Request for Information (RFI) the CFTC… Read More

Abu Dhabi Global Market & Responsible Finance & Investment Foundation Partner to Boost Fintech Ecosystem

The international financial center in Abu Dhabi, Abu Dhabi Global Market (ADGM), has entered into a partnership with the Responsible Finance & Investment Foundation (RFI). The two entities have joined in a partnership to bolster the growth and sustainability of the Fintech ecosystem through financial… Read More

CFPB Investigates Availability of Loans for Small Business in RFI

The Consumer Financial Protection Bureau (CFPB) has initiated an inquiry into to best identify the financing needs of small businesses, especially those owned by women and minorities. The agency says that public information on this lending market is inconsistent and incomplete. The Request for Information… Read More

Karen Mills on Marketplace Lending: It Is Transformative, But Don’t Count The Banks Out Yet

Karen Mills is currently perched as a Senior Fellow at the Harvard Business School and at the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School. She spends her time focusing on competitiveness, entrepreneurship and innovation – all extremely important areas of economic… Read More

Treasury Official Discusses Marketplace Lending Industry at NYC Event

Antonio Weiss, Counselor to the Secretary of the Treasury Jack Lew, spoke earlier today at the Information Management Network Conference in New York City. The topic of his speech was the marketplace / P2P lending industry and the recent interest by Treasury officials and their… Read More

A Primer in Marketplace Lending

There were over one hundred submissions for the RFI by the US Department of Treasury on Marketplace / Peer to Peer Lending. As one would expect, most commenters came with either an ax to grind or an urgent message to deliver.  In reading many (not… Read More

Orchard Perspective: There Will Be A Global Shift in the Way Capital is Distributed

Orchard, an important participant in the online lending world, benefits from a unique perspective.  The company powers the digital pipes that channel billions of dollars of institutional money into marketplace lending platforms.  As a valued partner in the P2P / Marketplace lending space, Orchard took… Read More

Renaud Laplanche: Our Ability to Embrace Transparency as an Industry is Really Important

  As the Marketplace Lending industry begins to mature, awareness is growing across the population.  More and more consumers realize they may be able to save time, and money, by doing a greater portion of their banking online. Lending Club, the largest Marketplace Lending platform… Read More

US Department of Treasury Extends Deadline for Comments on Marketplace Lending

The US Department of Treasury issued a “Request for Information” (RFI) on the burgeoning Marketplace / P2P lending sector several weeks back.  As summer vacations are quickly coming to an end, Treasury has decided to give direct lenders and interested parties a bit more time… Read More

Marketplace Lending: A Need for Some Definition, Data & More Discourse. A Response to the US Treasury RFI

  As traditional lending tightened for consumers and small businesses, following the 2008 recession and the Dodd Frank regulatory environment that followed, alternative lending has now become quite the burgeoning new industry. And with alternative lenders ranging the gamut from near-bank products and terms to… Read More

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