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Fintech

·Jan. 25, 2019

Auto Lenders Slow to Incorporate Machine Learning and AI

Auto lenders are not yet ready to turn credit decisions over to artificial intelligence and machine learning; Mike Kane, Ally Financial...

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Fintech News Roundup USA

·Feb. 22, 2018

The Demand for Blockchain-Backed Loans

Salt Lending has written a blog post sharing the immense amount of interest in their blockchain backed loans; since launching on December 28th, 2017 they have issued $23 million in loans yet there is still demand of over $1.3 billion; the company is working on scaling and automating processes, but is focusing on addressing existing demand before adding new members. Source

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Fintech

·Jul. 5, 2023

Open banking, neobanks and Apple: The path forward

The combination of increasing customer expectations and the emergence of neobanks and open banking makes this an exciting period for fintech, Mobiquity’s VP of digital banking Peter-Jan Van de Venn, said.

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Fintech

·Aug. 25, 2022

Sunbit launches BNPL card

L.A.-based credit company Sunbit launched a BNPL card this month to compete with other BNPLs through a no-fee credit card experience.

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Asia/Pac Europe Fintech News Roundup USA

·Jul. 29, 2020

More News for July 29, 2020

Cboe Proposes Plan That Could Curb Advantages of Fast Traders European banking needs a Big Bang Hong Kong-based EMQ raises...

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Fintech News Roundup

·Dec. 7, 2017

Lend Academy Article: Credible Raises US$50 Million in an IPO in Australia

The San Francisco based online marketplace for consumer loans has gone public down under in the biggest tech IPO of the year on the Australian Exchange. Source

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Fintech

·Jan. 5, 2022

Nexus Dealmakers 2022: First LendIt in-person event of the year set to go

The Nexus Dealmakers Summit is one month away, as more than 150 fintechs firms get ready for executives-only networking at Miami Beach on Feb. 7 and 8.

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Fintech News Roundup

·Apr. 27, 2017

How Banks Need to Digitize to Stay Ahead of Fintech Wave

Retail banks have started to digitally enhance their customer experience but when it comes to small business lending they are still stuck in the past; according to a recent report by Bain and SAP only 7% of banks can offer a fully digital experience for credit products; research is starting to show that small businesses want a digital experience for capital and to manage their banking needs; banks can decide to build, partner or buy to ensure they stay competitive; partnerships have continued to form and understanding how best to utilize fintech for the long run will help banks and small businesses. Source

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Fintech USA

·Jul. 2, 2020

Loan Outlook for Banks is Shaky After PPP Ends

Total loans at banks fell by 1.5 percent during the first half of June, according to data compiled by the...

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Fintech News Roundup

·Jan. 9, 2017

Advances in Voice Technology a Factor for Artificial Intelligence

Consumers are increasingly relying on voice technology for messaging and also through services like the Amazon Echo Alexa and Apple Siri; in voice technology, innovators are now seeking new ways for systems to more broadly understand context and speak coherently in conversations; however as the technology evolves, privacy and security have become concerns; overall, demand from consumers for voice technology is likely to continue because of the convenience it offers. Source

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