Fintech

Fintech News Roundup USA

·Apr. 26, 2019

New Mastercard Study Says Fintech Has Significant Potential

A new study by Mastercard and Harvard Business Review reveals that fintech has so far had a limited impact; the...

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Europe Fintech News Roundup

·Feb. 27, 2018

New MIFID II Regulations Could Lead to a Windfall for Robo Advisors

One of the key pieces to the new MIFID II regulations is more transparency around investment fees; robo advisors have made their products more transparent and less complex, seeing that traditional advisors are now forced to be more transparent robo advisors might begin seeing business headed their way; before MIFID II investors incurred costs which were not required to be disclosed for buying and selling of shares, taxes, custody, slippage and more; implementation has been slow as incumbents try to adjust to the new regulatory requirements. Source.

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Fintech News Roundup Online Lending USA

·Mar. 29, 2017

New Models of Raising Debt and Equity Funding: eREITs & More

Offering products to retail investors is something a lot of online platforms have struggled with as they look for diverse funding sources; the panel at LendIt USA 2017 entitled: New Models of Raising Debt and Equity Funding: eREITs & More with Kendall Davis of Fundrise, Jilliene Helman of RealtyMogul.com and moderator Mesh Lakhani of Mark 2 Capital discussed one of these retail options; panelists focused on how they source deals, inbound versus outbound sales teams, and how you must learn to be selective when looking at dealflow; the eREIT is a good portfolio addition for investors, it is long term and lacks volatility; panelists also discussed their thoughts on the new Trump administration and future innovative ideas for their platforms. Source

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Fintech USA

·Jun. 9, 2020

New Online Student Loan Marketplace Launches Pilot

Harrison Hochman and Devin Cintron recently launched a pilot of an online loan marketplace that is called Sparrow Lending; Sparrow...

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Fintech

·Oct. 12, 2021

New open banking trustee declares “no scope for complacency” in the OBIE’s future after bullying scandal

Charlotte Crosswell arrives with a hard line against the organisation’s past failings.

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Fintech News Roundup USA

·Feb. 1, 2019

New Options Trading Startup Gets Backing from Powerful Banks

A new startup that allows for ordinary people, with a focus on millennials, to trade options has received early backing...

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Fintech News Roundup

·Jan. 16, 2018

New Paper on Market Manipulation in Cryptocurrencies

Researches have investigated price manipulations in cryptocurrencies and have written a paper titled “Price Manipulation in the Bitcoin Ecosystem” which shares their findings; many of the newer cryptocurrencies as well as bitcoin in the early days were subject to manipulation since they were thinly traded; the article also shares instances of fake trades during the Mt.Gox hack. Source

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Fintech News Roundup USA

·May. 15, 2019

New Partnership Offers Crypto Traders FDIC Protection

A new partnership between prime dealer and trading system, SFOX, and M.Y. Safra Bank will offer traders deposit accounts backed...

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Fintech News Roundup USA

·Nov. 27, 2017

New Payday Apps Help Workers Access Funds Quickly

New apps allow workers of Uber, McDonalds and Bloomin Brands to spend the money they have earned in close to real time; the Instant Financial App for example notifies users each morning is they want to deposit about half of their previous days earnings on a debit card; workers use the app for free while businesses are charged a fee; the app has seen benefits and drawbacks, accessing earnings quickly has increased productivity but it also has the potential to reduce the chances of saving money. Source.

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Fintech News Roundup USA

·Apr. 8, 2020