In this week’s PeerIQ Industry Update they cover the slowing of the economy in Q4 which came in with a GDP rate of 2.2 percent; the OCC provided details showing how fintechs can apply for deposit insurance and become a full service bank; SoFi CEO Anthony Noto talked with the Lend Academy Podcast about the company’s growth plans which includes broadening their product mix; Apple announced their new credit card with Goldman Sachs which is designed to be used primarily through Apple Pay; PeerIQ released their latest Consumer Credit Digest which analyzes credit supply, credit demand, and performance across trillions of loans. Source.
