KABBAGE, INC. for KABBAGE, INC.

Small Business SMB

Educate Members on FinTech (non-bank/ other lender) provisions in COVID-19 Legislation, including HR 748, the CARES Act and discuss ideas around the Paycheck Protection Program (PPP).

Contacted: Federal Reserve System; Treasury, Dept of; SENATE; HOUSE OF REPRESENTATIVES; Consumer Financial Protection Bureau (CFPB); Federal Deposit Insurance Corporation (FDIC); Small Business Administration (SBA); Office of the Comptroller of the Currency (OCC)

Bills named: H.R. 748 (116th)

Computer Industry CPI

Monitor legislation about data privacy, data security, data use, and cybersecurity.

Contacted: Consumer Financial Protection Bureau (CFPB); Office of the Comptroller of the Currency (OCC); Small Business Administration (SBA); Federal Reserve System; Treasury, Dept of; Federal Deposit Insurance Corporation (FDIC); HOUSE OF REPRESENTATIVES; SENATE

Taxation/Internal Revenue Code TAX

1. Educate members of Congress on Financial Technology solutions (FinTech) in the online small business credit underwriting space, using tax data.

Contacted: Treasury, Dept of; Office of the Comptroller of the Currency (OCC); Federal Deposit Insurance Corporation (FDIC); Consumer Financial Protection Bureau (CFPB); Federal Reserve System; SENATE; Small Business Administration (SBA); HOUSE OF REPRESENTATIVES

Banking BAN

1. Educate members of Congress and agencies on Financial Technology solutions (FinTech) and non-bank lending in the online small business financial services space 2. Monitor HR 1509/ S 656, the SAFE Lending Act of 2019 3. Monitor HR 4047, the Open Banking Study Act of 2019 and educate agencies (OCC, Fed, CFPB, and FDIC) on Open Banking/ Open Data in the non-bank credit industry 4. Monitor the HFSC AI and FinTech Task Forces 5. Discuss Valid When Made regulatory proposal fix with the FDIC (12 CFR Part 331 RIN 3064-AF21) and OCC (RIN 1557-AE73) 6. Educate Members on FinTech (non-bank/ other lender) provisions in COVID-19 Legislation, including HR 748, the CARES Act

Contacted: Small Business Administration (SBA); HOUSE OF REPRESENTATIVES; Treasury, Dept of; Federal Deposit Insurance Corporation (FDIC); SENATE; Office of the Comptroller of the Currency (OCC); Federal Reserve System; Consumer Financial Protection Bureau (CFPB)

Bills named: H.R. 1509 (116th), H.R. 4047 (116th), H.R. 748 (116th)

Financial Institutions/Investments/Securities FIN

1. Educate members of Congress and agencies on Financial Technology solutions (FinTech) in the online small business lending space. 2. Educate the OCC, and CFPB on an "Open Banking Environment" (Dodd-Frank Sec. 1033 compared to international systems like the U.K.) so small business customers may share their financial data through permission-based APIs with third-party FinTech platforms. 3. Discuss federal "FinTech Sandboxes". 4. Discuss legislative and regulatory ramifications stemming from the Madden v. Midland Funding, LLC case (Second Circuit) with respect to the "Valid When Made" doctrine, FDIC (12 CFR Part 331 RIN 3064-AF21) and OCC (RIN 1557-AE73) 5. Monitor HR 1509/ S 656, the SAFE Lending Act of 2019 6. Monitor HR 4047, the Open Banking Study Act of 2019 and educate agencies (OCC, Fed, CFPB, and FDIC) on Open Banking/ Open Data in the non-bank credit industry. 7. Monitor the HFSC AI and FinTech Task Forces 8. Educate Members on FinTech (non-bank/ other lender) provisions in COVID-19 Legislation, including HR 748, the CARES Act

Contacted: SENATE; Treasury, Dept of; Consumer Financial Protection Bureau (CFPB); Federal Reserve System; Office of the Comptroller of the Currency (OCC); Small Business Administration (SBA); HOUSE OF REPRESENTATIVES; Federal Deposit Insurance Corporation (FDIC)

Bills named: H.R. 748 (116th), H.R. 1509 (116th), H.R. 4047 (116th)