Dan Quan
@DanQuan13
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Joined September 2018
When my friend @jkornjkorn and I began to push @CFPB to look into 1033 in 2015, we knew open banking was the future but it would be a tough battle to convince others to share our vision. 8 yrs is a long time but we finally get here. What's next? Insurance is the next battlefield
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CFPB Proposes Rule to Jumpstart Competition and Accelerate Shift to Open Banking -- https://t.co/tdvJWM5VLZ via @CFPB
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Had the honor testifying before the HFSC today. Mentioned 1033 a number of times. If we want to fix the access to credit problem, we should let consumers decide who they want to share their data with. @CFPB pls write your data access rule so more innovations can take place.
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To fix problems with credit reporting, we need a better government watchdog, not Biden’s idea of new public credit bureau
marketwatch.com
The credit reporting industry has problems, but a government-owned credit agency won’t solve them.
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Due to the confirmed case of #COVIDー19 from community spread, SLCPD is asking all criminal activities/nefarious behavior to cease until further notice. We appreciate your anticipated cooperation in halting crime & thank criminals in advance. #SocialDistancingNow #behaveyourself
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.@DanQuan13 writes real innovation-minded regulatory agencies use sandboxes as a means, not an end. Read more: https://t.co/WHlPg7B4kX
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Great job @davegirouard today at the alt data hearing. Alt data and ML is a great way to expand access to credit. Awesome to hear the positive impact the no action letter we issued two years ago. Now is time for @CFPB to issue guidance to provide clarity to benefit everyone.
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In prepared remarks for today's first HFSC #fintech task force meeting, CFPB Innovation Office head Paul Watkins says Dir. Kraninger hasn't decided whether to finalize the sandbox & no-action letter proposals https://t.co/uIw0SBDb1X
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I am honored to join PayActiv’s advisory board today.
medium.com
I am excited to join the Advisory Board of PayActiv. This journey, however, was first embarked upon five years ago.
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Sitting on my 9:20pm #aircanada flight for more than an hour, only to be told to deplane because the crew couldn’t figure out how to put a scooter on board. Seriously??? This is the most laughable reason given by an airline. Way to go #aircanada.
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As an advisor to the #FinHealthPulse, I'm excited to share the latest @CFSInnovation report on the financial lives of LMI Americans over the age of 50.The report leverages data from thePulse to drive innovative #FinTech solutions. #DisruptAging #FinHealth
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2019 Outlook: CFPB Innovation Policies May Face State Challenges
news.bloomberglaw.com
The Consumer Financial Protection Bureau is aiming to launch the first federal sandbox in the new year and roll out other policies to encourage financial services innovation.
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A thoughtful opinion piece from my friend @Elamawy We need better tech for loan servicing. Isn’t It Time We Put Borrowers First? | The Well News
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Wow! Using blockchain can reduce APR from 300% to 20%! Seriously, is this voodootech or fintech?
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Some people are asking me where the “approval” authority is. See 15 U.S.C. 1640(f), 1691(e), 1693(m)(d)(1). Caution: You are receiving unqualified legal advice. Please don’t tweet back if you disagree. I am not a lawyer.
Super interesting op-ed by Dan Quan, a long time leader at the @CFPB and champion of innovation there. He left the Bureau in July. https://t.co/d018aqNNHC
#fintech #regtech
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