The list of the Americas’ fastest growing companies highlights 500 businesses and was compiled with the research company Statista; it...
Federal Reserve Vice Chairman for Supervision Randal Quarles told an International Monetary Fund forum that he didn’t think ILCs were problematic; applications should be reviewed and granted based on the strength of the application; this is a shift for the Fed as they have said in the past that ILCs were an issue and that Congress should consider cracking down on them. Source.
Brent Whitehead and Matt Lohstroh are mining bitcoin off flare gas from oil drilling.
SoftBank and Silver Lake are poised to be among the biggest losers betting on the fintech start-up after it took a dramatic cut in valuation to raise fresh funds.
The round was led by TTV capital and included New Enterprise Associations, Relay Ventures, nbkc bank and Canapi; Greenlight offers a debit card with an app for kids and college students; the service costs $4.99 per month; big names such as SunTrust, Ally Financial, the Amazon Alexa Fund among others are forming financial education partnerships with Greenlight. Source
The UK is clearly Europe’s top fintech market and now the city could take on Silicon Valley and China as...
Petal uses information beyond credit scores like earnings, spending and savings to identify people who are a good fit for a credit card; users can then use the Petal card to build their credit history; the company raised $13 million led by Valar Ventures. Source
This fall's looming student debt crisis will bring the worst environment we've seen in decades. There's a way out for many, but few people are aware of it.
The Wall Street Journal reviewed documents for 1,450 digital coin offerings and found a litany of problems; they found 271...
A research report on insurtech from Gartner says the majority of the world’s 25 largest insurance companies will invest in insurtech by 2018; 64% of these companies have already made significant investments in emerging insurtech companies and innovation; among the highest priorities for investment are digitization, digital customer management, mobile and analytics. Source