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Fintech

FintechNews RoundupUSA
·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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FintechNews RoundupUSA
·Jan. 25, 2019

Fundbox Pay Getting a New E-Commerce Checkout Feature

Small business financer Fundbox introduced their business to business credit and payment tool, Fundbox Pay, last year; today they have...
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FintechNews RoundupUSA
·Jan. 25, 2019

Security Lapse Causes Exposure of Millions of Mortgage Documents

More than 24 million mortgage loan documents were exposed online after the vendor OpticsML, who works with banks, had their server...
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FintechNews Roundup
·Jan. 25, 2019

China Open to More Foreign Bank Licenses

The Chinese government is looking to approve global banks for majority ownership in local security ventures; the China Securities Regulatory Commission...
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FintechNews RoundupUSA
·Jan. 25, 2019

Will a Bitcoin ETF be Approved Any Time Soon?

There are currently no active bitcoin ETF proposals in front of the SEC with VanEck, SolidX and Cboe BZX Exchange withdrawing...
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EuropeFintechNews RoundupUSA
·Jan. 25, 2019

Announcements & Releases for January 25, 2019

Morgan Creek Digital Joins $3.1 Million Round for Tokenized Real-Estate Firm Finxact Secures $30M in Equity Funding Goin Raises €2.2M...
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FintechNews RoundupUSA
·Jan. 24, 2019

Travel Lender Uplift Raises $123 Million

Uplift up until now been keeping a low profile in the lending space; the firm partners with airlines and travel...
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FintechNews Roundup
·Jan. 24, 2019

Chinese P2P Lenders Face IPO Challenges

The biggest investment banks including Goldman Sachs and Citi have stopped taking Chinese p2p lenders public as a result of...
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FintechNews Roundup
·Jan. 24, 2019

Digital Banks in South Africa Take on the Incumbents

Digital banking innovation is beginning to shake up the traditional bank market in South Africa; South Africa’s Reserve Bank issued...
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FintechNews RoundupUSA
·Jan. 24, 2019

Zelle Sees Jump in Volume Due to Big Banks

P2P payments app Zelle saw a 60 percent jump in volume during the 4th quarter, 40 percent of which came...
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