Apple announced more details about their card partnership with Goldman Sachs yesterday and the news provided a number of interesting...
Deposit Marketplace Raisin has seen their investor count top 100,000, bank partners top 40 and deposits cross $4.5bn; the bank partners are in 18 different european countries and customers hail from 32 different countries; with interest rates so low their deposit marketplace offers savers a significant boost in interest and they have seen customers earn more than $41mn in excess interest thus far. Source.
The marketplace lending industry's first peer-to-peer lender has created a waiting list for new investors and is currently only accepting funds from existing investors; the investor waiting list began on March 9 and follows the previous halting of new money from all investors on its platform in December; the waiting list is another effort to keep processing times down; demand for loans on the platform was higher in February as more investors identified the loan investments for their high yields among other regional alternatives; Zopa has reported plans for expansion to secured car loans and is also continuing with its plans for launching a digital bank. Source
Financial exclusion is a global problem affecting millions of people, through strategic design and implementation, could CBDCs be the solution?
Germany’s financial regulator has ordered N26 that they need to “take appropriate internal safety measures” and “comply with general customer...
The ECB has published a report stating that most banks it supervises are not aligned with its climate-related and environmental (C&E) risk management goals.
Experian sees growing demand for its services in the booming buy-now-pay-later (BNPL) sector as it adds more clients to the unit, the world's largest credit data firm said on Friday after a strong third quarter.
Swedish based fintech Klarna is launching a suite of authentication services for retailers as they look to expand beyond their...
Some of the £775 million bounty that is the Royal Bank of Scotland (RBS) competition fund is being handed out...
The BoE proposes involving the use of retail banks and private payment providers as the "interface" for the digital pound.