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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.

FintechNews Roundup
·Dec. 12, 2016

Build, Buy or Partner Debate in Mortgage Technology

Bank and non-bank mortgage lenders are currently having a debate seen across the financial landscape on whether to build, buy or partner with new technology; mortgage lending in particular is seen as archaic and overly reliant on paper applications; companies like Better Mortgage are trying to change this through innovative technology; other firms like Finance of America Holdings, a portfolio company of Blackstone Group, are still weighing their options as more fintech firms are beginning to disrupt the mortgage business.  Source

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FintechNews RoundupUSA
·Feb. 5, 2020

FTC Files Charges Against LendEDU

LendEDU is a website that claimed to be a place for users...
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FintechNews RoundupUSA
·Jan. 24, 2020

The Google Ban on Short Term Lending Apps

Last August Google announced a crackdown on short term lending apps offered...
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FintechNews RoundupUSA
·Apr. 2, 2020

Revolut Makes New Hires for US Business

Revolut recently launched their service in the US and has made some...
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Asia/PacFintechNews Roundup
·Dec. 6, 2016

Flamingo Partners with DirectMoney for Artificial Intelligence Services

Artificial intelligence company, Flamingo, has listed on the Australian Securities Exchange and partnered with online lender, DirectMoney; the company seeks to help increase the sales conversion rate of online customers through web chat, web forms and artificial intelligence that guides customers through an online purchase.  Source

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FintechNews Roundup
·Feb. 16, 2018

Commercial Banks Pushback on New Regulation in China

New regulations on asset management will increase capital that institutions have to hold in China; these regulations will significantly affect bank and nonbank relationships; banks have repackaged loans and transferred them to brokerages and other lenders which eventually make their way to investors; last year these transactions totaled $3.5 trillion in off-balance sheet lending according to the Wall Street Journal; one example of a lender that has been fined is China Guangfa Bank which turned loans going sour into high yield investments. Source

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News Roundup
·Aug. 4, 2021

Top Fintech News Stories for August 4, 2021

Here are the most read news stories from our daily newsletter today:...
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News Roundup
·Mar. 12, 2016

Marketplace Lending News Roundup – March 12, 2016

During the week I share the latest marketplace lending news on Twitter...
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FintechNews RoundupUSA
·Apr. 30, 2018

More Features on the way for Citi’s Mobile App

After seeing more than 25 percent growth of mobile users in 2017...
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News RoundupOnline LendingUSA
·Mar. 20, 2017

SoFi Adds Three New Board Members

SoFi has announced the addition of Mike Bingle, Steven Freiberg, and Robert Joss to its board of directors; Bingle is a managing partner and managing director at Silver Lake, the company which recently partnered with SoFi for a $500 million funding round; Freiberg is joining the board after previously servicing as the CEO of E*TRADE Financial Corporation; Joss is currently a professor at Stanford and previously worked at Westpac Banking Corporation and Wells Fargo; Mike Cagney says the experience from the new board members will be helpful in supporting the firm's product and geographic expansions.  Source

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