Stuart Law from Assetz Capital discusses different platform approaches to security, risk assessment and lending in an article for FT Adviser; provides details on the pre-approval and post-approval process for loans, noting the importance of these processes for investors given that P2P platforms provide alternative investments with potentially higher risks; also discusses the advantages that a provision fund can offer for investor security. Source
After Ant cancelled its IPO last year, the fintech is now in the midst of a big restructuring, but investors are seemingly cutting the company's valuation.
Today marks the fourth anniversary of the Payments Services Directive 2 (PSD2) * making open banking a regulatory requirement in the UK
Many were looking forward to Robinhood launching into the UK market as they would compete with companies like Freetrade and...
The EU is investigating whether banks in several countries are preventing the sharing of information that the bank customers have granted; the raids were a preliminary step and the results of the investigation are not yet known; in 2018 banks will be required to give third parties access to account data provided the customers have given consent. Source
Sweden’s fintech scene has come a long way in recent years and has proved to be one of Europe’s best...
An aggressive recruitment market may hinder startups in Scotland’s Fintech industry, according to Fintech sector professionals (from Origo).
CFPB to give more information to firms under investigation The head of Credit Suisse’s blockchain efforts said culture is the...
The Ranger Direct Lending Fund announced its second quarter 2017 dividend; the Fund has decreased its dividend to 24.26 pence per ordinary share; the lower dividend was a result of ongoing issues with investment in the Princeton Alternative Income Fund which had exposure to troubled lending platform Argon Credit; the Fund's returns have also been lower over the past few months and it has increased its cash holdings. Source
BBVA Compass’ Alex Carriles on the impact of choosing the right data aggregation provider Socure Raises $30M in Series C...