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Hanning previously served as Capital One Canada’s CFO, and over the past 12 years has also held various senior positions within Capital One’s Canadian and United Kingdom operations.
The big P occurs when existing banks and financial institutions make a strategic move towards becoming banking platforms. Yet platformification also has two other possible — and opposite — meanings for banks. (sponsored)
Lendified subsidiary Vault Circle becomes first online lending business to receive Ontario Securities Commission approval
The approval, which consists of a market dealer license from OSC, will allow the company to connect investors to small businesses owners and provide them with capital.
The Ontario Securities Commission is launching a hub called LaunchPad to work directly with FinTech companies to help them navigate — and even potentially tailor — the regulatory framework.
LendUp charged customers illegal fees, miscalculated interest rates, falsely advertised loans nationwide that weren’t available there and misled people that borrowing from LendUp would boost their credit score.
Atherton Research got an exclusive sneak peek at VBProfiles’ upcoming FinTech landscape report and it’s huge.
The US watchdog is searching for insights into how the current regulatory environment can be adapted to encourage innovative ideas and new ways of working while protecting the interests of investors.
Using deposits to fund loans — rather than drawing on outside investors — will give the firm more leeway when setting terms and fees.