Orchard stresses the importance of recovery rates in valuing pools of loans; blog post takes Orchard’s US unsecured consumer lending industry data and discusses what loan recoveries are, how they are calculated, how debt holders recover defaulted loan balances, and why recovery rates are so important. Source
Karen Webster of PYMNTS.com writes that Facebook’s new global crypto-based payments system, dubbed Project Libra, is reminiscent of a failed...
The article aims to answer whether big banks are still interested enough in potential mortgage loan customers to repeatedly follow-up and whether marketshare has anything to do with follow-ups; author applied for home loans with nine different lenders and shares data on their follow-ups over a two week period; Quicken, Citigroup and loanDepot round out the top three for total number of follow-ups. Source
The Cambridge Centre for Alternative Finance releases an annual report on the alternative finance in the Americas; Crowdfund Insider has...
This Seeking Alpha article looks at publicly traded Chinese fintech companies; there are more than one dozen Chinese fintech companies...
As institutions get more and more invested into crypto, companies like Anchorage are becoming critical.
The crypto custody firm is enrolling customers a few months ahead of Ethereum’s planned transition to a proof-of-stake mechanism.
The bank partner model has been around for decades but it has expanded rapidly in the last few years; leading...
Andreessen Horowitz is looking to raise $450mn for their second cryptocurrency fund after raising $350mn for their first fund in...
Digital banking is becoming more important than ever during the pandemic and leading VC Andreessen Horowitz believes branches are not...