Revolution or Regulations? Fintech’s Future After the Avant and Marlette Settlements

5 min read

Do the Avant and Marlette settlements make consumers safer or was it simply a win on paper for Colorado’s attorney general? Fintech attorney and Tech on Reg podcast host Dara Tarkowski seeks answers from financial experts Mary Jackson and Ed Gehres. Colorado’s attorney general (AG) settled lawsuits against fintech companies Avant and Marlette Funding after a protracted legal battle. The lawsuits alleged the companies illegally partnered with two out-of-state banks to provide loans with annual percentage rates (APRs) above Colorado’s limit.  While the AG’s actions focused on consumer protection, fintech experts Mary Jackson and Ed Gehres argue the settlement favors…...

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Dara Tarkowski I'm Dara Tarkowski. Innovator, entrepreneur, attorney and podcast host. I am FinTech and RegTech enthusiast passionate about responsible innovation and exploring the intersection of law, technology and highly regulated industry. I'm the Managing Partner at Actuate Law, Chief Innovation Strategist at quointec, and the Host of the Tech on Reg podcast, recently named one of the top 10 RegTech podcasts. I was also named to the 2019 Women in FinTech powerlist by Innovate Finance.