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News Roundup

This page contains an archive of the Global Newsletter summaries and the weekly fintech news roundups.

Every day the Fintech Nexus news team scours the globe for the most important stories of the day to include in our daily newsletter.

Then every Saturday we bring you our weekly news roundup of the top 10 fintech stories of the week with commentary from Peter Renton.

To join our newsletter community please subscribe here.

Europe Fintech News Roundup

·Aug. 2, 2017

InvestCloud Supporting Robo ISA Offerings

InvestCloud is helping automated investment platforms with ISA offerings through their newest product, Emerald; Nutmeg partnered with InvestCloud for its Lifetime ISA; InvestCloud now has over 670 clients using the Emerald technology. Source

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News Roundup

·Oct. 14, 2020

UK P2P Business Lenders Exempt from APR Transparency and Pricing Rules

The UK Competition and Markets Authority (CMA) has released new rules for banking business lenders regarding APR transparency and pricing; the CMA has confirmed that P2P lenders will be exempt from its new banking rules; despite the exemption, it is likely that the new rules will cause more P2P lenders to provide greater APR transparency in order to maintain market competitiveness. Source

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News Roundup Online Lending USA

·Aug. 9, 2017

LendingClub’s CIO Provides Platform Update

Blog post outlines platform performance and improving delinquency rates across most grades and terms; provides perspective on the economic backdrop and interest rates; the company has updated their loss forecasts; projected returns are similar to last quarter with small increases for grades F and G. Source

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Fintech News Roundup USA

·Mar. 13, 2017

HFSC Passes Six Bills Supporting Small Businesses

The House Financial Service Committee (HSFC) is promoting small business investment and growth through six new bills; provisions include an expansion of venture capital fund investing, changes to the number of shares available for employees at privately-held companies and more responsive action by the Securities and Exchange Commission (SEC) in findings and recommendations by the SEC's Government-Business Forum on Small Business Capital Formation. Source

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Asia/Pac Fintech News Roundup

·Jan. 23, 2020

Digital Banks Will Struggle in Singapore

Singapore is currently evaluating more than twenty applications for five digital banking...

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Fintech News Roundup USA

·May. 29, 2018

Banks Hunting Growth Loosen Terms on Business Loans

After several years of tightening credit requirements for business loans over the...

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Fintech News Roundup

·Nov. 29, 2017

Paytm’s High Hopes to Become World’s Largest Digital Bank

Paytm Payments Bank is aiming to have 500 million accounts offering a wide range of financial services products; the bank launched officially on Tuesday; they are unveiling their money market fund, launching a debit card and will have the capabilities for businesses to open up accounts. Source

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Fintech News Roundup USA

·Apr. 25, 2019

Equifax Acquires Paynet

Equifax announced late yesterday that it has acquired the small business data...

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Europe Fintech News Roundup

·Oct. 20, 2017

PSD2 Has Potential to Bring Back Personal Touch to Banks

Peter Ryan of the software provider Temenos believes PSD2 has the potential to offer banks the personal touch they have lost; allowing consumers to share their data via APIs can allow banks to learn more about their customers and offer tailored products; while some banks have been proactive there is a fair share of the market who fear open banking; better understanding of the potential in PSD2 will help banks embrace what’s ahead. Source.

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