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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
·Jan. 17, 2018

Hong Kong Exploring Open Banking Reform

With open banking starting last week in the UK, we might soon see a global push as Hong Kong is looking to explore the idea; the CFPB in the US recently came out with data sharing guidelines that look to begin creating a framework for future legislation; there is not yet the expectation that Hong Kong will adopt such regulations but they did ask for banks and fintechs to weigh in on the open API framework; the FT also sits down with former Barclays CEO Antony Jenkins to further discuss open banking and what it could mean for all participants. Source.

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Fintech Weekly News
News Roundup
·Feb. 25, 2023

Top 10 Fintech News Stories for the Week Ending February 25, 2023

Making fintech news this week was the SEC, Stripe, Goldman Sachs, India and Singapore, Green Dot and more
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EuropeFinanceNews Roundup
·Nov. 3, 2016

Bank of England Keeps Rate Unchanged

The Bank of England kept its central bank borrowing rate at 0.25% and decided to continue with its $86 billion asset purchase program; while no changes were made to monetary policy, the BOE changed its guidance; with an increased focus on inflation in the region, the BOE said it would be prepared to raise rates in order to keep inflation at its 2% target rate.  Source

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News RoundupOnline Lending
·Feb. 21, 2017

Finova Financial Providing Affordable Title Loans

Keogh founded Finova Financial to offer a more affordable alternative for borrowers seeking title loans; Finova offers car equity lines of credit with 12 months to pay versus the 30 days currently required by most title lenders; managed through a cloud-based system it offers easy payments and its payment terms also include early payment incentives and no late fees; the firm has now raised $52.5 million.  Source

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FintechNews RoundupUSA
·Apr. 15, 2019

How Can we Do Better to Help Financial Literacy

The month of April is designated as financial literacy month to “highlight...
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News RoundupOnline Lending
·Mar. 10, 2017

AmEx Personal Loans

AmEx has recently begun offering personal loans however its loans are only available to existing credit card customers; the firm says its new product is focused on its premium, high-credit quality card customers; overall, the firm appears to be taking a cautious customized approach to the lending product while also using the new initiative to help improve market share and struggling business growth.  Source

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News RoundupOnline Lending
·Feb. 13, 2017

3 Ways Lending Companies Can Make Direct Mail Programmatic

Lob is a direct mail marketing company for lenders; in their featured blog post they provide three examples of how companies can benefit from using their services for direct mail marketing; benefits include improved acquisition from personalized attribution marketing, broader capabilities to market to customers based on milestones and events, and an efficient program for tracking compliance notices. Sponsored Blog Post

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EuropeFintechNews Roundup
·Mar. 31, 2020

European COVID-19 Economic Stimulus Round Up

European governments are taking quick action to deal with the economic impact...
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FintechNews RoundupUSA
·Jan. 30, 2020

Citigroup Releases Robo-Advisor called Citi Wealth Builder

Citigroup’s new robo-advisor will be free for customers who have at least...
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FintechNews RoundupUSA
·Jun. 21, 2019

Max Levchin on Affirm’s Deal With Walmart

At the CB Insights conference last week Max Levchin, the CEO and...
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