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Fair Lending News: Fintech Banking, Consumer Lending And AI

FDIC announced a Consent Order with a NJ state-chartered bank that is actively involved in partnering with fintechs to provide branded consumer financial products and services to residents in the US.CRS Report on the use of algorithms to enhance consumer loan underwriting.
New Jersey United States Deposit Insurance Corporation Consumer Financial Protection Bureau Employment Opportunity Commission Congressional Research Service Report On Consumer Lending

Taisys announces Proof of SIM protocol to onboard billions of mobile phone users to the web3 Society, Bootstrapped by MetaDuet DAO

Taipei [Taiwan]/ Noida (Uttar Pradesh) [India], May 4 (ANI/BusinessWire India): Web3, in its infancy, has brought significant flexibility and creativity to the internet finance system in less than a decade. An open and decentralized ecosystem without intermediate and centralized systems is to be built for empowering the individuals. However, today the web3 lacks primitives to represent a native social identity system to sustain the trusted trades generated by the real society, on which the econo...
T Ai Pei Yvonne Chen Noida Uttar Pradesh Desoc Decentralized Society Financial Service Agency Uttar Pradesh

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