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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
·Sep. 18, 2017

Press Releases for September 18, 2017

  • dv01 Launches Cashflows for Securitizations
  • Prime Meridian Ranks High on the Prestigious INC5000 List as one of Fastest Growing Companies in America
  • Enova Announces $25 Million Share Repurchase Program
Read Full Story
FintechNews RoundupUSA
·Mar. 11, 2019

Credit Union Group Partners with IBM

CU Ledger is a consortium of credit unions which is now testing...
Read Full Story
News RoundupOnline LendingUSA
·Dec. 20, 2016

Orchard Analyzes December P2P Loan Originations

Orchard provides insight on monthly trends in P2P lending originations; uses Lending Club's publicly available standard program data for the analysis; finds October has historically been the peak month for P2P loan originations; identifies loan purpose trends for 2015 with debt consolidation notably highest in January; categories with peak lending originations in December in 2015 included major purchase, other and small business.  Source

Read Full Story
EuropeFintechNews Roundup
·Mar. 25, 2020

UK Cash Usage Decreases Significantly

Link, which operates the biggest network of ATMs in the UK has...
Read Full Story
News RoundupOnline Lending
·Mar. 30, 2017

Some Factors Slowing Institutional Investment in Marketplace Lending

AlfFi reports on some of the factors keeping institutional investors from marketplace lending with insight from Gabriella Kindert, investment manager at NN Investment Partners; discusses transparency and comparability, scale, regulatory risks, trust and sustainability, liquidity, and alignment of interests; also notes the importance of standardized measures for comparing risk and reward across investment options and the track record of the investment category.  Source

Read Full Story
FintechNews Roundup
·Mar. 13, 2018

IT Ministry in China Looking to Create Blockchain Standards

The Ministry of Industry and Information Technology is considering creating standards to boost blockchain development; the China Electronics Standardization Institute wants to help form a committee surrounding the issue and try to keep the country ahead of the curve; China has also participated in international efforts on blockchain technology focused on authentication and smart contracts. Source.

Read Full Story
FintechNews RoundupRegulationUSA
·Dec. 19, 2016

New Initiatives for Small Business Support within the SEC

The SEC Small Business Advocate Act of 2016 (HR3784) was signed into law; the law will add a new office within the Securities and Exchange Commission (SEC) for small business advocacy; the small business advocacy office will oversee and support regulation and investment activities for small businesses and small business investors; the new law will also establish a small business capital formation advisory committee that will advise the SEC on small business market activity.  Source

Read Full Story
News RoundupOnline LendingUSA
·Apr. 24, 2017

Elevate Credit Appoints New General Manager for Rise Product

Elevate Credit has appointed Tony Leopold as its new general manager for the firm's Rise product; Leopold brings over 20 years of experience in strategy, business development, finance and operations from roles at United Rentals and Bain and Company; Rise is Elevate's flagship product offering unsecured consumer loans of $500 to $5,000. Source

Read Full Story
News RoundupOnline Lending
·Apr. 18, 2017

What It Takes to Securitize: Securitization in Marketplace Lending

The securitization market in marketplace lending continues to strengthen as more lenders utilize this capital route; the LendIt USA 2017 panel on securitization talked through the market conditions and what it takes to do a deal; the panel went through the challenges faced in 2016 and how the industry has come back looking stronger; the industry has gotten back to the fundamentals which are a cornerstone of securitization deals; the vast majority of deals are made up of unsecured consumer loans, but other asset classes including mortgages, student loans and auto have been coming to market; topics touched upon also included barriers to success, vertical versus horizontal interests and the effects of risk retention on the overall market. Source

Read Full Story
FintechNews RoundupUSA
·Jan. 23, 2019

The Clearing House Implements Real-Time Payments Network

The first major upgrade in electronic payments since the Automated Clearing House...
Read Full Story
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