Anton Ewing is making a ton of noise in TCPAWorld right now. Fresh off a huge $78k default judgment win last week, Ewing is back again to start this week with a smaller–but still significant– $31k+ victory in a suit involving just 6 phone calls.
As we move into the second half of the year, executives may brace for the unexpected. Recent years have brought significant market swings, pandemics and geopolitical instability, each posing unique challenges and opportunities. As CEO of Amount, a software as a service (SaaS) deposit origination, lending and decisioning platform partnering with banks and credit unions, I understand the wild cards that could impact our industry. It’s crucial for Amount and other FinTechs to stay vigilant, dynamic and innovative to best serve financial institutions.
The National Credit Union Administration today announced the retirement of Cherie Freed, regional director of the NCUA’s Western Region, effective August 24, 2024.
We have previously blogged about how targets of CFPB enforcement actions have asserted that the actions must be dismissed because the investigations were conducted and the lawsuits were brought and are being prosecuted with funds unlawfully obtained from the Federal Reserve Board at a time when the Federal Reserve System had no combined earnings.
A great number of fintechs are contemplating owning a bank or obtaining a banking charter—either a national bank charter, a state bank charter or a special purpose charter. In this episode, we are joined by our special guest Michele Alt, co-founder and partner of Klaros Group, an investment and advisory firm, and Scott Coleman, a partner in our Consumer Financial Services Group who leads our banking practice.