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CFPB Opens Floodgates For Online Marketplace Lender Complaints

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All lenders, from online startups to large banks, must follow consumer financial protection laws. “When consumers shop for a loan online, we want them to be informed and to understand what they are signing up for,” said CFPB Director Richard Cordray. It’s really too early to tell,” Webster wrote.

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Can FinTech Walk The FinTalk?

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According to a Crunchbase article published in February of 2018, investments in blockchain and blockchain-related startups (excluding initial coin offerings, or ICOs) were already 40 percent of what they were in 2017. Consider the money being poured into it. And in 2017, those investments were off-the-charts nuts. Digital Banks.

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