Post Tagged with: "law"

Is the CFPB Ruling Important for the Future of Fintechs?

Is the CFPB Ruling Important for the Future of Fintechs?

by October 17, 2016 at 4:37 pm 1 comment

Recently a federal appeals court decided that the Consumer Finance Protection Bureau—a federal organization designed to safeguard against some of the pitfalls that led to the 2008 crisis—had been operating unconstitutionally, something which is certainly a blow to the agency itself and will no doubt have ramifications for how itRead More

The Coming Econgularity: the Real Challenge to Civil Liberties

The Coming Econgularity: the Real Challenge to Civil Liberties

by December 16, 2013 at 12:33 pm 0 comments

Econgularity – a shorthand for economic singularity — is an ugly word I created to describe an unfortunately approaching moment in time when our current technological snooping prowess, the ease of Big Data manipulation, and our sprint to a cashless economy will converge in such a way as to permitRead More

VIDEO: Digital Banking Advances Risk of Personal Liberty Abuse, Signature Bank Chair Warns

by December 16, 2013 at 9:40 am 1 comment

In the headlong rush to completely digital and mobile banking, are additional risks to civil liberties being created? Scott Shay, the chairman of Signature Bank, answers that questions with a firm “yes.” Shay argues that, especially since civil forfeiture remains on the books (here‘s a great article on its abuses),Read More