by Cole Gottlieb | Nov 6, 2022 | Blog
Happy Sunday, The Fed hiked another 75 bps. Job openings increased. FHA mortgages showing signs of stress. CFPB’s future may be in Supreme Court’s hands. Custodia’s lawsuit backs Fed into corner. OCC to establish Office of Financial Technology. JPMorgan Chase wants to...
by Cole Gottlieb | Nov 2, 2022 | Blog
Hello everyone! We come to you today with a special edition of the newsletter, covering how consumers are using financial products to manage short-term cash flow challenges. This is an evolving space, where boundaries and product definitions are not set in stone....
by Cole Gottlieb | Oct 30, 2022 | Blog
Happy Sunday! Markets calmer on hopes of slower rate hikes. But the mortgage market outlook remains gloomy. Group travel startup raises $27Mn. Cross River partners to issue cards on American Express’ network. Marqeta ramps up BaaS focus. Amazon testing accepting...
by Cole Gottlieb | Oct 23, 2022 | Blog
Happy Sunday! Housing market slows on rate hikes. OppFi’s “true lender” setback. FDIC hikes deposit assessment. SBA will expand fintechs’ access to 7(a) lending program. More regulatory scrutiny for Visa and Mastercard. Mastercard’s crypto bridge. Investors eye...
by Cole Gottlieb | Oct 16, 2022 | Blog
Happy Sunday, The global economic picture remains gloomy. Inflation remains elevated. Fed officials expect rates could reach at least 4.5% over time. The OCC wants more data on banks’ crypto activities. “Durbin 2.0” bill down but not out. Kids’ debit card startup Step...
by Cole Gottlieb | Oct 9, 2022 | Blog
Happy Sunday! Job openings dipped in August but remain elevated. The WTO is warning of a global slowdown. The U.N. wants the Fed to pause rate hikes. The Fed finalized a debit card routing rule. BNPL is bracing for what’s next. A ‘crypto bank’ startup raises $18Mn....