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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

·Jan. 23, 2019

Examining the Link Between Personal Bankruptcy and Marketplace Lending

While the numbers have dropped significantly since the 2010 peak, personal bankruptcy...

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News Roundup Online Lending

·Nov. 30, 2016

Executive Changes at CAN Capital

The board of directors at CAN Capital, an online lender for small businesses, has named Parris Sanz as the company's chief executive officer and promoted Ritesh Gupta to chief operating officer; the new executives will be focusing on process improvements and market positioning as the company seeks to grow its lending business for small companies; CAN Capital has been an industry leader in small business marketplace lending with more than $6 billion funded since 1998; the firm is primarily focused on providing merchant cash advances. Source

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News Roundup Online Lending USA

·Jan. 31, 2017

Executive VP Eric Thaller Leaves Prosper

Prosper has reported the loss of another company executive a few months after the resignation of its former CEO Aaron Vermut; Eric Thaller, executive vice president of capital markets, has left the firm to join Sunbit, a consumer lending startup offering point of sale credit solutions for retail businesses; Thaller was a lead advocate for institutional investment in marketplace loans and directed the firm's institutional investment business. Source

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Fintech News Roundup USA

·Mar. 27, 2019

Expanding Access to Credit in the Land of New “Halves”

This is a post from Sasha Orloff who co-founded LendUp and Mission...

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Europe Fintech News Roundup USA

·May. 4, 2018

Expanding Access to Credit in the UK and US

There still remains millions of people in developed countries like the UK...

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Fintech News Roundup USA

·Sep. 6, 2017

Expanding the Tent for Both Investors and Originators

Orchard has a unique perspective on online lending given how close they are both with originators and investors; Matt Burton shares themes from LendIt 2017 and looks back at what has happened over the past few years; Burton believes that many companies are positioned for growth this year with increased institutional investor interest; shares that the industry is still small compared to where it could go and explores what needs to happen in order to "expand the tent"; discusses growth in originations, securitization, partnerships and the expansion of asset classes in the industry. Source

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Fintech News Roundup USA

·Jan. 18, 2019

Experian Adding Cellphone and Utility Bill Payments to Credit Score Calculation

Good news for people with little of no credit history; Experian will...

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Fintech News Roundup Online Lending USA

·Mar. 20, 2017

Experian and Finicity Partner for Data Verification

Experian has partnered with Finicity to launch Digital Verification Solutions, a service that leverages Finicity's technology to connect with financial institutions for verifying income and assets; Experian is the first credit bureau to offer this type of solution; in addition to offering an enhanced service, the solution is also intended to help lenders broaden their credit underwriting for thin file borrowers; Finicity is also working with other lenders to help improve verification processes and shorten the end-to-end processing time for lending. Source

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