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Reuters: ‘Fintechs’ sound cautious note on offer of U.S. bank charter
OLA was featured in a Reuters article, providing comments on the recent OCC bank charter. Reuters: ‘Fintechs’ sound cautious note on offer of U.S. bank charter WASHINGTON (Reuters) – Financial technology companies that lend online are sounding a cautious note on a U.S. banking regulator’s plan to offer them special
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OLA Statement on the California Supreme Court ruling in the CashCall Case
Statement of Online Lenders Alliance CEO Mary Jackson on the California Supreme Court ruling in the CashCall Case: “Yesterday the California Supreme Court confirmed there is no bright line test for consumer lending interest rates, affirming that pricing for consumer loans should reflect consumer creditworthiness. We hope the lower court
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OLA Statement on Treasury Recommendations for Nonbank Financials, Fintech and Innovation and OCC Announcement on Acceptance of National Bank Charter for Fintech
OLA Statement on Treasury Recommendations for Nonbank Financials, Fintech and Innovation and OCC Announcement on Acceptance of National Bank Charter for Fintech WASHINGTON, DC – July 31, 2018 – The following statement can be attributed to Mary Jackson, CEO of the Online Lenders Alliance: “We applaud the work of the
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