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Peter Renton
PositionChairman
JoinedOct. 8, 2010
Articles2,907
Comments3,014
Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.
Fintech Nexus Newsletter
·May. 24, 2024

Fintech Nexus Newsletter (May 24, 2024): A SEC approves spot ETH ETFs

It has been the talk of the crypto world all week. SEC watchers noticed early this week that the regulator appeared to be getting ready to approve an ETF for funds holding Ethereum.
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Podcasts
·May. 23, 2024

Joel Sequeira, Director of Product at IDology, on using AI in identity verification

There is no area of fintech moving faster than identity verification today. With new attack vectors coming online every day it is critical for banks and fintechs to be at the top of their game here.
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Fintech Nexus Newsletter
·May. 23, 2024

Fintech Nexus Newsletter (May 23, 2024): A Fintech Mess: Synapse, Evolve and locked customer funds

The slow-moving dumpster fire that is the Synapse-Evolve meltdown has turned into a nightmare for many fintech customers. Synapse acted as a middleman between banks and fintechs, but there have been several disagreements between Synapse and these banks and fintechs. Consumers who assumed their money was safe are caught in the middle.
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Fintech Nexus Newsletter
·May. 22, 2024

Fintech Nexus Newsletter (May 22, 2024): CFPB proposes new rules for BNPL

It has been a busy last few days for the CFPB and their fintech work. For the third consecutive day this week our lead story concerns actions taken by the CFPB. This time it is around BNPL. The CFPB is proposing new rules that would essentially lump BNPL in with credit cards when it comes to consumer protections.
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Fintech Nexus Newsletter
·May. 21, 2024

Fintech Nexus Newsletter (May 21, 2024): CFPB Director calls out credit reporting and credit scores for price gouging

Speaking at an event yesterday, CPFB Director Rohit Chopra said his agency is looking at "price gouging" in credit reporting. With credit reports required for selling mortgages to Fannie and Freddie, mortgage lenders have no choice but to pay for them. Some lenders have shared that the costs for credit reports have increased by up to 400% since 2022.
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Fintech Nexus Newsletter
·May. 20, 2024

Fintech Nexus Newsletter (May 20, 2024): SoLo Funds sued by CFPB for deceiving borrowers

On Friday, the CFPB announced it was suing mobile peer-to-peer lending platform SoLo Funds for multiple issues. SoLo Funds targets minority and other underserved borrowers with short-term loans of up to $575. This is a challenging population to serve and a difficult niche to profit from.
Read Full Story
Fintech Nexus Newsletter
·May. 17, 2024

Fintech Nexus Newsletter (May 17, 2024): Supreme Court ruling upholds the constitutionality of the CFPB

Yesterday, in a 7-2 vote, the U.S. Supreme Court ruled that the funding structure of the Consumer Financial Protection Bureau is constitutional. This is a big deal for financial institutions. Even though the agency has been a thorn in the side of many fintechs and banks, if the Supreme Court found it unconstitutional, it would undo more than a decade of work and could mean chaos for the industry.
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Podcasts
·May. 16, 2024

Brendan Carroll, Co-Founder & Senior Partner of Victory Park Capital, on the growth of private credit

The Co-Founder of Victory Park takes us through the history of asset backed lending, how the industry has grown, and what it takes to succeed today.
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Financial Health
·May. 16, 2024

Stash announces new B2B offering called StashWorks

StashWorks is the new B2B offering from Stash, allowing any employer to add savings and investing as a benefit to employees.
Read Full Story
Fintech Nexus Newsletter
·May. 16, 2024

Fintech Nexus Newsletter (May 16, 2024): Major announcements from Visa on the future of card payments

Visa is hosting its annual Visa Payments Forum in San Francisco this week, and yesterday, there were some major announcements. Some are calling this the biggest thing in card payments since the card chip.
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