U.S. banking regulators have made new proposals that would allow for banks to take stakes in venture capital and loan...
The new entity will work with businesses in a variety of ways; under “catalysts” internal consultants will help with problem solving and will include the eXellerator innovation lab; “Investments” will include their minority investments in a variety of companies; they have previously invested in Ripple and Paxata; “Ventures” will focus on their investments in new technology. Source
The Small Business Administration has been at the center of the Trump administration’s plan to help SMBs survive as the...
The UK startup industry could see some help heading its way soon as the government is considering an aid package...
Chinese banking apps are over-collecting personal data Fitch Distributes Warning on Marketplace Loans Due to “Coronavirus Pressure” Monzo scoops up...
Through Autonomous NEXT the research firm will provide a suite of products and services with in-depth analysis of banking innovation and fintech; Autonomous Deputy CEO Erick Davis says, "We discovered untapped demand for insight on financial technology and innovation, and are excited to bring this to market."; focus areas will include robo advisors, blockchain, neobanks, insurtech, chatbots and artificial intelligence; in its first available report the firm provides metrics on fintech growth by financial services category. Source
GreenSky made headlines as the largest fintech IPO of the year in 2018. It was all downhill from there...
Here are the most read news stories from our daily newsletter today: Deadline for the Global Covid-19 Fintech Survey is...
Amount, TD Bank enter partnership on digital lending US Yield Curve Inverts; New Products from FinTechs AI Is On Track...
Celsius bankruptcy not surprising but still a huge blow to the crypto industry.