26 For example, small business lender Kabbage, Inc. has entered agreements with large banks, where Kabbage licenses its data analysis-heavy customer acquisition platform to banking partners who then go on to originate, fund, and service the underlying loans. See, e.g., Kabbage Inc., “Kabbage and Santander UK Partner to Accelerate SMB Growth,” press release, April 3, 2016, www.kabbage.com/blog/kabbage-santander-uk-partner-accelerate-smbgrowth/.
- 13 -  Regulatory Developments As regulators, we have a responsibility to ensure that the institutions subject to our supervision are operated safely and soundly and that they comply with applicable statutes and regulations.