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Visa Acquires Plaid
Whether such developments mean added features, further expansion to new territories, or something else entirely remains unclear. However, much like Google’s acquisition of Fitbit late last year, this merger witnesses the passing on of a treasure trove of data, with the curtain being pulled on the financial details of millions of transactions between startups and consumers; leaving Visa better positioned to understand and pre-empt what exactly is happening in industries where unpredictable disruption is valued above all else. Read more



Nav Co-founders Step Down From C-Level Positions
CEO Levi King is transitioning to executive chairman of the Board of Directors Read more



Hudson Cook Partner Appointed to CFPB Taskforce on Federal Consumer Financial Law
Jean Noonan, a Partner at Hudson Cook, LLP, has been announced as one of the new members of the Consumer Financial Protection Bureau Taskforce on Federal Consumer Financial Law. Read more





TBF Financial buys $100 million of charged-off loans, leases and merchant cash advances from fintechs, banks, lessors
TBF closed transactions in December totaling $100 million. The three largest deals were with a leading e-commerce company that acquired and liquidated a merchant cash advance business; a captive leasing company that provides financing for transportation equipment and other assets; and one of the 20 largest banks in the nation. Read more



Broker Fair 2020 is Right Around The Corner
Register now for the largest deBanked event of the year, Broker Fair 2020 in New York City on May 18th! Read more





Amazon Says Browser Extension No Longer Secure, Just After PayPal Acquired It
Last week Politico reporter Ryan Hutchins noted on Twitter that Amazon has been alerting its website users who had installed Honey that the browser extension is no longer safe. The extension, which se... Read more



New Jersey Firms Up Its Confession of Judgment Bill
The New Jersey State legislature strengthened its Confession of Judgment (COJ) bill last week by adding language that grants the Attorney General power to enforce monetary penalties against violators.... Read more





Dodd-Frank's Small Business Lending Data Collection Rule Could Still Take Years to Implement
Small business lenders: Are you ready to regularly submit loan application data to the Consumer Financial Protection Bureau? No? Good, because almost ten years after Dodd-Frank passed, the provision t... Read more



Sprout Funding Acquires Jet Capital
Dallas, Texas based Sprout Funding announced its acquisition of certain assets of Jet Capital, based in Hurst, Texas. Read more





Pacific Equity And Loan Acquires Emerald Capital Funding
This week Pacific Equity & Loan, a hard money lender based in Washington state, acquired Emerald Capital Funding. Done to "provide more resources and investment opportunity to real estate investor... Read more



McLean Wilson Promoted to CEO of Breakout Capital
Wilson was the company's Chief Credit Officer Read more



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