FinTech Regulation: How True Lender, Valid-WhenMade, and the Fight About Usury Impact FinTech Business Models.

The article explores the developments in laws governing the financial technology services companies in the U.S. Topics discussed include the business model that is commonly used by financial technology companies which involves partnerships with depository institutions, the joint resolution signed by U.S. President Joe Biden that repeals the Office of the Comptroller of the Currency's True Lender Rule pursuant to the Congressional Review Act, and discord over the True Lender Rule.