By David Klein, CommonBond CEO and Co-Founder The evidence is building that marketplace lending is rivaling and even beating traditional banks at breadth of product offerings, pricing, technology and service. In the face of the industry's growth, the government is seeking more information. In July, the Treasury Department sought public comment on information about marketplace lending, including what the federal government could do to improve regulations and foster innovation in the industry. Many companies involved in marketplace lending, including CommonBond, commented on the department's request. From the perspective of this new industry, the government has a massive...
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