pau

CFPB Sends Clear Message That FinTech Begin Ups Have Actually Exact Exact Exact Same Responsibilities as Established Organizations

CFPB Sends Clear Message That FinTech Begin Ups Have Actually Exact Exact Exact Same Responsibilities as Established Organizations

Regulatory, conformity, and litigation developments within the services that are financial

Home > CFPB > CFPB Sends Clear Message That best payday loans Greeley CO FinTech Start-Ups have actually exact Same responsibilities as Established Companies

In a message that is clear FinTech start-ups, on September 27, 2016, the customer Financial Protection Bureau (CFPB) ordered online lender Flurish, Inc. to pay for $1.83 million in refunds and a civil penalty of $1.8 million for failing woefully to deliver the guaranteed advantages of its services and products. Flurish, a bay area based business business that is doing LendUp, offers little buck loans through its web site to customers in a few states.Read More