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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.

Europe Fintech News Roundup

·Apr. 23, 2019

Revolut Learns Lessons as they Grow

Revolut has become one of the most valuable and talked about fintech...

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News Roundup Online Lending USA

·Nov. 3, 2016

SoFi Partners with Fannie Mae for New Student Loan Payoff ReFi

SoFi has partnered with Fannie Mae to help its customers pay down student loan debt using home equity; already focused on student loans, SoFi's new Student Loan Payoff ReFi will allow homeowners to refinance their home and simultaneously pay student loan debt; with home equity, borrowers can combine their mortgage and student loans to make one loan payment on their debt. Source

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Fintech News Roundup USA

·Sep. 21, 2017

WSJ Outlines Timeline of Equifax Breach

The WSJ reports that the hack actually occurred in March instead of May; the breach wasn’t discovered until July 29th and it was announced to the public on September 7th. Source

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Fintech News Roundup USA

·Jan. 26, 2018

Earnest Co-Founder Steps Down

Louis Beryl was co-founder and chief executive of Earnest; he left the company this week; Navient Corp purchased Earnest back in October 2017 for $155 million; Earnest co-founder Ben Hutchinson remains at the company as chief operating officer. Source

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News Roundup Online Lending USA

·Mar. 6, 2017

Alternative Credit Data Provider VerumView Launches Beta Product

Alternative credit data company VerumView has developed a product primarily focused on capturing data surrounding an end-user's email; it's built on an API-based know your customer service (KYC) and helps to provide credit decisions on thin file borrowers; the system can service the following: identity verification, fraud detection, KYC, anti-money laundering, TF prevention, loan and insurance underwriting, credit and affordability scoring, competitive analysis and targeted marketing. Source

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Fintech News Roundup

·May. 21, 2019

Barclays’ Recent Investments in Fintech

The bank has participated in a few different fintech funding rounds as...

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Fintech News Roundup

·Jun. 25, 2019

Open Getting Traction as the Neo-Bank for Businesses in India

Open is based in Bangalore and is looking to replicate a strategy...

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News Roundup Real Estate USA

·Sep. 10, 2016

Moody’s Predicts Real Estate Crowdfund Platforms Will Issue Residential Mortgage Backed Securities

Fintech News Roundup

·Mar. 23, 2017

Charts: Bank Innovation Priorities

Traditional banks are increasingly investing in financial technology in a number of different ways; banks are developing innovation labs and partnering with fintech companies for new solutions; Digiday provides insight on factors influencing fintech investment at banks in five charts; the chart above shows the areas where banks are most interested in partnering for new developments. Source

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Fintech News Roundup USA

·May. 3, 2019