Fintech Regulatory Updates: July 21, 2016

Fintech innovation operates in an ever-evolving financial regulatory landscape. Regulators are stepping up scrutiny of non-banks, particularly marketplace lenders, even as the new Consumer Financial Protection Bureau (CFPB) establishes its mandate and rules. This shifting landscape carries regulatory implications for traditional banks weighing fintech partnerships. In this blog series, Mirador will recap the latest regulatory […]

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Responsible Innovation in Banking and Lending

Mirador is a leader in bringing innovative lending solutions to banks and regulated institutions. We are dedicated to helping these financial institutions serve their communities and enable them to prudently increase their small business lending with our services and technology, while satisfying their regulatory requirements.   Recently the Office of Comptroller of the Currency (OCC) of […]

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Trouble for Marketplace Lenders Creates Opportunities for Banks – 3 Ways to Benefit

Alternative lenders like OnDeck, Prosper, and LendingClub have run into some real trouble lately. LendingClub’s situation is the most widely publicized–and the most serious, given that its CEO resigned amid questions about altering millions of dollars’ worth of loan applications. But the troubles in the sector go deeper than issues at one well-known company. Layoffs at Prosper, […]

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