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August

26
2024
Strategy

Amount CEO: What It Means to Be a FinTech Circa 2024

As we move into the second half of the year, executives may brace for the unexpected. Recent years have brought significant market swings, pandemics and geopolitical instability, each posing unique challenges and opportunities. As CEO of Amount, a software as a service (SaaS) deposit origination, lending and decisioning platform partnering with banks and credit unions, I understand the wild cards that could impact our industry. It’s crucial for Amount and other FinTechs to stay vigilant, dynamic and innovative to best serve financial institutions.

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August

26
2024
Industry News

ANOTHER EWING VICTORY: Court Enters Judgment for Over $31k Against Jacqueline Salazar and DreamStay Solutions, LLC in TCPA/CIPA Case

Anton Ewing is making a ton of noise in TCPAWorld right now. Fresh off a huge $78k default judgment win last week, Ewing is back again to start this week with a smaller–but still significant– $31k+ victory in a suit involving just 6 phone calls.

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August

23
2024
Strategy

Chaos Engineering: AWS Chief Technologist on Preparing for the Unexpected

Practice makes perfect, as the adage goes, even when you’re practicing failure. That’s a rough approximation of how Amazon Web Services practices operational resilience. Other companies may try and even succeed at proactively stopping business disruption. At AWS, practicing disruption is part of the culture.

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August

23
2024
Compliance

Are Data Practice Risk Assessments at Risk in the US?

We have previously reported on the requirements, including mandatory risk assessments, of the California Age Appropriate Design Code Act, (CAADCA or Act) and that the Act was enjoined by the federal District Court as likely a violation of the publisher’s free speech rights under the First Amendment of the U.S. Constitution.

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August

23
2024
Compliance

CFPB Enhances Consumer Protection in the Buy Now, Pay Later Market

The Consumer Financial Protection Bureau (CFPB) is taking significant steps to promote transparency and fairness in the financial market, particularly in the growing Buy Now, Pay Later (BNPL) sector. By clarifying how existing laws apply to new financial products, the CFPB aims to foster innovation while ensuring that consumer rights are protected.

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