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Asia/PacFintechNews Roundup
·May. 13, 2019

Indonesia Hopes P2P Lenders Can Self Regulate

Indonesia’s p2p lending market has had a number of issues including very high interest rates, fraud, aggressive debt collection and...
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FintechNews RoundupUSA
·May. 13, 2019

Credit Card Earnings, Regulatory News and Consumer Credit

In this week’s PeerIQ Industry Update they cover the slowing growth rate of consumer credit which points to consumers being...
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FintechNews RoundupUSA
·May. 13, 2019

Affirm Executive Joins California’s Top Financial Regulator

Manuel Alvarez was previously general counsel and chief compliance officer at Affirm; today he was sworn in as commissioner of...
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FintechNews RoundupUSA
·May. 13, 2019

Large Retailers Accepting Bitcoin but Won’t Talk About It

A Forbes reporter shares a story about accompanying Cameron and Tyler Winklevoss on a trip to Starbucks; using a beta...
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FintechNews RoundupUSA
·May. 13, 2019

Banks Make Changes to Acquire Tech Talent

Banks know they cannot compete dollar for dollar for top tech talent and are starting to adjust their offerings to...
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EuropeFintechNews Roundup
·May. 13, 2019

SoftBank Makes Another Big Move in UK Fintech

SoftBank’s Vision Fund has invested $800 million into Greensill who provides alternative supply chain financing; the company is now valued...
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EuropeFintechNews Roundup
·May. 13, 2019

BBVA Cancels Atom Bank Takeover and the Startup Announces New Capital Raise

BBVA cancelled their planned takeover of Atom Bank due to concerns related to Brexit’s impact on the UK economy; Atom...
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FintechNews RoundupUSA
·May. 13, 2019

Citi’s Bet on a Smaller Footprint Starts to Payoff

Unlike Bank of America and JPMorgan Chase Citi has shrunk their branch footprint and the bet is starting to the...
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FintechNews Roundup
·May. 14, 2019

Announcements & Releases for May 14, 2019

SEC gives green light to first ‘negative fee’ fund Microsoft And Intel Detail The Deep-Seated Problems With Blockchain Banking Leaders...
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FintechNews RoundupUSA
·May. 14, 2019

Bitcoin’s Value Doubles as it Passes $8,000

Bitcoin has seen a resurgence in 2019 with the value of the digital currency skyrocketing to over $8,000; the rally...
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