The states have taken the lead when it comes to interest rate caps with 32 states capping APR at 36%;...
- Groundfloor launches online public offering
- Blinker Now Available in Florida
- World's Most Innovative Companies (Fast Company)
- Q4 2017: An update from our CIO (LendingClub)
- Online lenders and banks may operate as ‘joint ventures’
- Small businesses look to specialist lenders for loans
- As challenger banks seek to enter the US, the business model still faces hurdles
Federal banking regulators issued a cloud security reminder as most banks have shifted their employees to work from home mode;...
Goldman Sachs first entered the market with the acquisition of GE Bank and the subsequent launch of GS bank; Tearsheet explores their other moves in the market more recently in fintech; Goldman Sachs has invested in 23 fintech startups and is the only top ten bank that has hit every category in its investments: blockchain, data analytics, insurance, personal finance, wealth management, financial services software, lending, payments and settlement, real estate and regulatory technology. Source
Tracking consumer goods through the supply chain from origin to final transaction is another way blockchain is being utilized in today’s global market; with blockchain the supply process becomes less segmented and more streamlined which helps delivery efficiency; sellers can also provide detailed information on products through printed codes helping to increase confidence in consumer brands; these benefits and more are causing increased utilization of blockchain technology which is likely to lead to more widespread use by retail providers. Source
In episode 249 of the Lend Academy Podcast we interview Stephen Dash, the CEO and Founder of Credible, one of...
One of China’s largest e-commerce companies has launched a blockchain and AI focused accelerator named AI Catapult; the company said they were looking to test real world applications of their technologies at scale; the initial batch of companies include companies from all over the globe focused on dat, e-commerce, trading, wealth management and more. Source.
Solana fell from a proof-of-stake leader to an unstable, frequently offline chain that has been the target of high-stakes, high-profile hacks.
Fintech firm SoFi is working to acquire the naming rights for the new Los Angeles NFL Stadium worth almost $400mn;...
According to more than 80 patents viewed by the Financial Times the People’s Bank of China has made significant progress...