Charting the CFPB’s Fintech Course
In 2012, the CFPB launched "Project Catalyst," an initiative aimed at "innovative" companies. This year, the CFPB announced its "no-action letter" policy designed to allow fintech companies some room to develop new products or services. Now the bureau is moving toward small dollar, short-term loans where fintech might try to fit in. [6/30/16]