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Fintech Nexus Staff
JoinedMay. 30, 2017
Articles5,303
Comments63
This piece was created by one of our content team members. Reach us at [email protected]
FintechNews Roundup
·Jun. 24, 2019

Announcements & Releases for June 24, 2019

LendingClub Pays Off $40,000 Loan Of 3 Millionth Borrower Blend Raises $130 Million in Series E Funding to Power One-Tap...
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big techmarketingpaytechphilosophy
·Jun. 24, 2019

Lessons from Uber’s JUMP bikes on evolution in capitalism, Facebook’s crypto money monopoly

Jump is an electric bike that is being distributed by Uber, and it just happened to be launching 350 of them in the London borough of Islington. You can rent a bike for 5 minutes at £1, and pay £0.12 per minute thereafter. That's generally cheaper than a taxi, on average more expensive than a public bike subscription. So why am I going on an on about these bikes? Two things come to mind as jumping off points for deeper discussion: (1) the incentives and tactics of economic organisms under capitalism to gather and retain attention, and (2) the monopoly powers of Uber and Facebook, leading to the impact of Libra's cryptocurrency on open competition, as well as the public responsibilities of supra national corporations.

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FintechNews Roundup
·Jun. 20, 2019

Banks Have Little Revenue Growth to Show for Investments in Technology

Globally, traditional banks have invested $1 trillion in technology over the last three years; however a new Accenture report shares...
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FintechNews RoundupUSA
·Jun. 20, 2019

Apple Expands Testing for New Credit Card to Retail Workers

Tens of thousands of Apple’s US retail employees will be able to test the new credit card powered by Goldman...
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FintechNews RoundupUSA
·Jun. 20, 2019

Profile of Vishal Garg, Founder & CEO of Better Mortgage

Forbes shares the story of Vishal Garg who took his first startup public at the age of 26; he has...
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FintechNews RoundupUSA
·Jun. 20, 2019

Equifax Partners with FinTech Sandbox

FinTech Sandbox is a non-profit which aims to further financial services by providing both data and infrastructure to fintech startups;...
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FintechNews Roundup
·Jun. 20, 2019

Announcements & Releases for June 20, 2019

Senate Banking panel sets hearing on Facebook’s Libra N26 launches MoneyBeam for UK users Active.AI scores $3m Series A funding...
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FintechNews RoundupUSA
·Jun. 19, 2019

Roostify Helping Power HSBC’s Digital Mortgage Platform

HSBC Bank USA has partnered with Roostify in order to offer a digital mortgage experience; the result is a more...
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FintechNews RoundupUSA
·Jun. 19, 2019

Fintech Algorithms Discriminate Less than Traditional Lenders

An article from Quartz article using a study on US mortgages shares that algorithmic lending is actually less discriminatory than...
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FintechNews RoundupUSA
·Jun. 19, 2019

LendingClub Expands Program to Help Borrowers Actually Pay Off Debt

LendingClub announced yesterday an expansion of balance transfer loans which they had previously been calling direct payoff; now more borrowers...
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