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On The Hill, Banking’s Biggest Get Grilled

PYMNTS

Dimon pointed to the speed in which loans can be done through digital means, both P2P and B2C. Dimon offered a cautionary nod toward new accounting standards that may stifle smaller lenders, such as community banks, if a financial crisis hits again. Separately, in response to one lawmaker’s concerns that the U.S.

article thumbnail

On The Hill, Banking’s Biggest Get Grilled

PYMNTS

Dimon pointed to the speed in which loans can be done through digital means, both P2P and B2C. Dimon offered a cautionary nod toward new accounting standards that may stifle smaller lenders, such as community banks, if a financial crisis hits again. Separately, in response to one lawmaker’s concerns that the U.S.