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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

·Mar. 21, 2018

CommonBond Raises $50 Million Series D

The round was led by Fifth Third Capital Holdings LLC with First Republic Bank and Columbia Seligman Investments also participating; existing and individual investors Vikram Pandit and Tom Glocer also participated; total funding for the company is over $130 million; the company posted 250% revenue growth year over year in 2017 and has had only two defaults. Source

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Asia/Pac Europe Fintech News Roundup USA

·May. 10, 2019

Announcements & Releases for May 10, 2019

U.S. Bank launches app to take pain out of filing expenses Bankers...

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Europe Fintech News Roundup

·Feb. 15, 2018

The UK’s FCA Releases Report on Algorithmic Trading

The UK’s Financial Conduct Authority released a report on algorithmic trading to help set boundaries around the market; the report lays out best practices and presents guidance on how firms can implement AI in trading; the FCA does voice concerns at too much automation and talks about human intervention to avoid big issues occurring; the report was written to help trading firms comply with the Second Markets in Financial Instruments Directive (MiFID II). Source.

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Fintech News Roundup USA

·Jan. 16, 2018

Lend Academy Podcast: Gary Lieberman of Laurel Road

The CEO and Chairman of Laurel Road, formerly Darien Rowayton Bank (DRB), shares how he built a small community bank into a leader in student loan refinancing. Source

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Asia/Pac Fintech News Roundup

·Jan. 6, 2017

People’s Bank of China Officials Meet with Bitcoin Exchanges

The People's Bank of China (PBOC) had meetings with various bitcoin exchanges this week including BTCC, OKCoin and Huobi; along with the meetings two press releases were issued; according to a translation from Coindesk, the document reads, "Bitcoin is not a currency and shouldn't be viewed as such. Those who invest in bitcoin should accordingly be aware of the risks it poses and protect their investment"; officials also reminded exchanges about complying with local state laws and other regulations. Source

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Fintech News Roundup

·Feb. 24, 2020

Former CFTC Chairman Says Fed Should Introduce a Digital Currency

Christopher Giancarlo, the former chairman at the Commodity Futures Trading Commission, said...

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Europe Fintech News Roundup

·Jan. 16, 2019

Brexit Vote Brings Uncertainty to Fintech

The latest withdrawal agreement from Theresa May was soundly rejected by Parliament...

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Fintech News Roundup Online Lending

·Mar. 9, 2017

Throwback Thursday: Deloitte’s Marketplace Lending 2.0 Industry Report

Deloitte has released its second marketplace lending report; discusses the convergence of digitization across all types of banking services; covers all aspects of lending including varying loan funding sources, securitization and regulations; also reports on credit markets and how different lending categories will scale at varying rates. Source

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Fintech News Roundup

·Apr. 20, 2018