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Episode Synopsis "Talking the "True Lender" issue with Marc Franson"
On the inaugural episode of Talking Fintech, hosts Jeremy Potter and Colin Darke are joined by lending expert Marc Franson. Marc is a partner in the Banking and Financial Services Department at Chapman and Cutler LLP, and a go-to resource for lenders and regulators alike. The trio discuss: - Who should be considered marketplace lenders, as opposed to payday lenders (3:08) - Whether online lending has created an entirely new market, or recycled the market that already existed (6:38) - What will come of the latest “true lender” legislation out of Washington (9:08) - The right and wrong ways for banks to partner with tech companies (12:36) Talking Fintech is brought to you by the Online Lending Policy Institute. OLPI is a nonprofit public policy organization based in Boston, MA. Our mission is to encourage responsible innovation in online lending through thought leadership and fostering a meaningful dialogue between policy makers, industry experts, and academics.
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