Month: May 2016

On Deck, Kabbage and CAN Capital have formed the Innovative Lending Platform Association (ILPA). The ILPA along with the Association for Enterprise Opportunity (AEO) are launching a pricing comparison tools initiative. The AEO is a national membership organization that creates economic opportunities for underserved entrepreneurs. Read More

On May 10, 2016, the United States Department of the Treasury issued a white paper that provides (i) an overview of the online marketplace lending industry, (ii) a summary of the responses that the Treasury received to its 2015 Request for Information on the
industry (RFI), (iii) policy recommendations for private sector participants and the federal government and (iv) identification of
trends that the Treasury believes require ongoing observation. Read More