News Roundup Archives | Page 506 of 715

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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

·Dec. 8, 2017

PNC to Launch National Consumer Loan Program Through Mobile App

PNC Financial Services Group is looking to launch a national consumer lending product through their mobile app and new branches; they plan to launch into new markets with branches in Minneapolis, Dallas, Kansan City and more; “We're going there to be there with our full-service capabilities, patiently banking the clients that we ultimately want to bank,” Chairman and CEO William Demchak said this week; the new plans will take place in 2018. Source.

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Fintech News Roundup USA

·May. 8, 2020

Podcast 246: Bo Brustkern and Todd Anderson on LendIt Fintech Digital

This week has been launch week for LendIt Fintech Digital, our new...

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Fintech News Roundup

·Dec. 13, 2016

Podcast: Fintech Researcher Speaks on Bank’s Fintech Activities and Financial Inclusion

Anju Patwardhan is researching the potential for financial technology to increase financial inclusion for small businesses at Stanford University; Anju was previously chief innovation officer at Standard Chartered Bank and currently is a venture partner at CreditEase; in an interview on the Pacific Exchanges Podcast, she talks about collaboration between banks and fintech firms as well as her research at Stanford University. Source

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Fintech News Roundup USA

·Mar. 7, 2019

Point of Sale Finance Has Become the Next Battle Between Banks and Fintechs

Leading point of sale financing firm Affirm recently partnered with Walmart and...

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Fintech News Roundup USA

·Mar. 20, 2019

Point Raises $22 Million in a Series B, $100 Million in Platform Capital

Real estate fintech Point has closed a $22 million Series B led...

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News Roundup Online Lending

·Jan. 27, 2017

Portfolio Optimization Advantages in LendingRobot’s New Fund

LendingRobot is launching a new fund for accredited high net worth investors and using a basket of new technologies to automate management of the fund; LendingRobot plans to use automated portfolio algorithms and automated platform investing to manage the fund; it will also use blockchain for fund reporting and fund auditing; Kadhim Shubber of Financial Times shares information on recent Lending Club performance as well as thoughts from UK-based fund P2PGI. Source

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Fintech News Roundup USA

·Jun. 6, 2019

Possible Finance Raises $10.5 Million

Rebecca Lynn is a managing partner at Canvas Ventures and was also...

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Fintech News Roundup USA

·Mar. 12, 2020

Potential Dangers of 0% Interest Rates on Installment Loans

Point of sale loans even at 0% are not new; the idea...

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Fintech News Roundup USA

·Feb. 26, 2020

Potential Fintech Acquisition Targets

There has already been a flurry of deals in 2020 but Business...

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News Roundup Online Lending Real Estate

·Dec. 30, 2016

Potential for Bank and Real Estate Crowdfunding Partnerships

There have been many bank partnerships with marketplace lenders however there haven't been any done with real estate crowdfunding platforms; Allen Shayanfekr, CEO of Sharestates, predicts banks will partner with real estate platforms in 2017; says banks could lower costs and require less investment in new products by partnering with real estate platforms; Allen Shayanfekr outlines three types of scenarios for partnerships including: bank as originator, bank as capital provider and white labeling. Source

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