Cross River Intelligence Archives

November 2016

PeerIQ Weekly Update: November 20, 2016

By Vy Phan

November 20, 2016

PeerIQ leaders spent the week in Washington discussing the future of FinTech under a new regulatory regime.  In this “PeerIQ Goes to Washington” newsletter, we synthesize our findings from dozens of conversations with market regulators and industry participants. Specifically, we discuss the likely direction of SEC leadership, what to look for in the OCC charter, and leg ...


PeerIQ Weekly Update: November 13, 2016

By Vy Phan

November 13, 2016

Comments will be light in observance of Veteran's day. Conferences: Security and Exchange Commission’s Fintech Forum on November 14th in Washington, DC. PeerIQ CEO, Ram Ahluwalia, will speak on a panel titled “Recent Innovation in Capital Formation”. Watch the live webcast here. Bloomberg’s “Growing a FinTech Enterprise: Legal & Business F ...


Mixed Structured Implications If Regulations Ease, Moody’s Says

By Vy Phan

November 11, 2016

Bloomberg by Charles Williams and Matt Scully (November, 11 2016) The relaxation of financial regulations following Trump’s victory would have mixed credit implications for structured finance transactions, Moody’s analysts write in research note. “Relaxing or eliminating Dodd-Frank’s risk retention requirements for securitized assets could weaken new trans ...


U.S. Election Street Wrap: Financials Surge on Trump Optimism

By Vy Phan

November 9, 2016

Bloomberg by Felice Maranz (November 09, 2016) Banks, financial cos. outperform as Donald Trump win may mean lighter regulation, more spending and growth, triggering higher interest rates, and more favorable view on deals, analysts say. Trump may also help student lenders, with NAVI up as much as 15%; FNMA up as much as 16% amid better odds of GSE capital retention KBW banks ...


PeerIQ Weekly Update: November 6, 2016

By Vy Phan

November 6, 2016

Regulation is the theme for the month. The SEC will host a public forum to discuss fintech innovation on Nov 14th, including a topic on capital formation. The OCC is creating a new innovation office headed by its General Counsel, Beth Knickerbocker. The office is expected to start next year. The OCC is also expected to decide on issuing national charters to non-bank FinTech companies before end ...