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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.

Fintech News Roundup USA

·Aug. 18, 2017

New SEC Request for Bitcoin ETF Approval

Currently reconsidering the Winklevoss brothers' ETF proposal, the SEC has now received another approval request for a bitcoin ETF; investment manager VanEck has submitted a prospectus to the SEC for a bitcoin-related ETF; the fund differs from previous funds, with its investments based on derivatives of bitcoin; VanEck is seeking to list the fund on the Nasdaq and says it will also include conventional investments such as US Treasury bonds and cash for risk diversification. Source

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Fintech News Roundup USA

·Feb. 14, 2020

Numerated Doubles Down on SMB Offerings

Bank technology provider Numerated has expanded their small business offerings after clients...

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Europe News Roundup Online Lending

·Feb. 7, 2017

Credit Peers Launches in the UK for Property Lending

New marketplace lending real estate platform Credit Peers has launched for investors with a minimum investment of 500 British pounds ($618.64); the firm is offering individual investors the opportunity to invest in commercial real estate properties; the platform elicits borrowers for commercial properties including multi-residential, office and retail buildings; it plans to focus on connecting individuals with investments in the commercial property market. Source

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Fintech News Roundup

·Mar. 26, 2018

Announcements & Releases for March 26, 2018

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Fintech News Roundup

·Jan. 11, 2018

Announcements & Releases for January 11, 2018

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Fintech News Roundup USA

·Mar. 5, 2019

Crypto Firms Still Struggle to Gain Access to Banks

Even as crypto firms are able to raise billions in capital they...

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News Roundup Online Lending USA

·Aug. 29, 2017

Online Lender Float Rumored to Have Closed

Sources have reported to Crowdfund Insider that the platform has shut down; the online lender was providing lines of credit for up to $1,000; it last raised $3 million in February 2017. Source

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Fintech News Roundup

·Jan. 10, 2017

IBM Buys Promontory to Have Watson Learn Banking Compliance

IBM is now moving into banking compliance, by purchasing Promontory Financial Group they hope they can use the compliance company's expertise to teach Watson about banking compliance; "Part of why we bought Promontory was, these systems (meaning Watson), they do have to be trained," explained IBM CEO Ginni Rometty; IBM believes artificial intelligence can help across the banking industry and ease the burden on specific firms. Source

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Fintech News Roundup USA

·Nov. 1, 2017

Noreika on National Bank Charters

Keith Noreika, the acting Comptroller of the Currency recently signed the first full-service de novo national bank charter since the financial crisis to Winter Park National Bank of Florida; Noreika believes there are still too few new banks and part of the problem is the onerous process; Noreika outlines the lengthy process and discusses his suggested changes in his testimony back in June. Source

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Fintech News Roundup USA

·Feb. 28, 2020