Page 12 - Figure Technologies News Today

Inman Connect This month, we’ll talk to mortgage leaders about where the market is headed and how products are evolving digitally to suit buyers’ needs now. We’ll also explore emerging alternative financing options that are changing the game for buyers and sellers. Join us for Mortgage and Alternative Financing Month. During  HousingWire’s 2021 Spring Summit, Figure Technologies CEO and co-founder Mike Cagney made a bold prediction that perked the audience’s ears: Walmart will (event...

FinancialContent fully hosted finance channel

Mark Yusko Morgan Creek Capital Management launched the third ETF to capitalize on the SPAC boom. Founder Mark Yusko breaks down the strategy and how it could be beneficial in a bear market. Yusko, a crypto bull, shares 3 other sectors to watch amid the SPAC frenzy. Special Purpose Acquisition Companies have been among the most talked-about investing trends of the past year. After all SPAC launches in 2020 mor...

Mike Cagney’s blockchain lending startup Figure Technologies plans to raise $250 million through a new blank-check company, according to an SEC filing.

Jakub Jurek Joins Varo Bank as Chief Data Officer News provided by Share this article   Varo Bank, the first all-digital nationally chartered bank in the US, today announced that it has named Jakub Jurek as Chief Data Officer. Dr. Jurek brings over 18 years of data expertise both in academia and at a number of disruptive fintechs including Figure Technologies and Wealthfront. Under Dr. Jureks leadership, Varo will accelerate its data-product vision that leverages Varos modern banking platfo...

The Office of the Comptroller of the Currency appears intent on being the federal chartering agency for tech firms with banking ambitions. But some experts say the Consumer Financial Protection Bureau is better suited for the job.

Several financial tech companies that applied to become national banks are seeking exemptions from many provisions of the Community Reinvestment Act. A consumer advocacy group and the American Bankers Association say the OCC mustn't allow this.

A panel appointed by the Consumer Financial Protection Bureau said Congress should consider authorizing the bureau — and not the Office of the Comptroller of the Currency — to issue federal charters to fintech companies.

ADVERTISEMENT ADVERTISEMENT OCC Fintech Charters Face Fresh Attack By State Regulators Law360 (December 23, 2020, 9:27 PM EST) -- A group of state bank supervisors is seeking to block the Office of the Comptroller of the Currency from granting national bank charter status to a blockchain-based financial services provider, arguing that the federal regulator would be setting "a dangerous precedent" for the future of the banking industry. The OCCs plans to grant the charter to Figure Technologies...

Search Conference of State Bank Supervisors Targets OCC Chartering Authority of Fintechs in Lawsuit, Points Finger at Figure Technologies The Office of the Comptroller of the Currency (OCC), as well as Acting Comptroller Brian Brooks, regarding the agency’s ability to issue federal bank charters to Fintechs. The complaint mentions Figure Technologies, a blockchain-based Fintech in the lending sector, specifically. The CSBS is the national organization representing bank regulators from all ...