Mizuho along with 60 other banks are launching a new digital wallet...
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.
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Marketplace lending has evolved from personal loans to numerous verticals; Prime Meridian Capital Management discusses real estate lending and investment opportunities it offers in comparison to other real estate products; provides examples of platforms including ShareStates, Patch of Land, Realty Mogul, LendingHome and Money360; gives details on loans and the investing process for real estate platforms. Source
Last week I made a venture capital investment in a company I...
JPMorgan’s Interbank Information Network (IIN) has already signed up more than 220...
An American op-ed details how the growing fintech space poses a risk...
Here are the most read news stories from our daily newsletter today:...
The Coalition for Responsible Business Finance (CRBF) has announced it will join the Innovative Lending Platform Association (ILPA) in efforts to more broadly support lending for small businesses; the ILPA's network is primarily led by existing members, OnDeck, Kabbage and CAN Capital; with the merger of the two organizations, the ILPA will gain representation from the National Federation of Independent Business, the National Small Business Association, the Small Business & Entrepreneurship Council, the US Chamber of Commerce and the Association for Enterprise Opportunity; the expanded ILPA will provide even greater resources for advancing online small business lending education, advocacy and best practices; the ILPA is most well known for its work on introducing the SMART Box™ comparison tool for small business lenders; with the merger of the two organizations, the ILPA has also developed an updated industry code of ethics, leveraging the work previously done by the CRBF. Source
CloudMyBiz has announced a one platform solution for alternative lending which includes services for origination, underwriting, servicing and client relationship management; the platform is built on Salesforce.com; CloudMyBiz is active in providing cloud solutions for alternative lending; it specializes in Salesforce implementation, migration, integration, development, third party applications and custom app development, helping clients to streamline processes for increased business efficiency. Source
During the week I share the latest marketplace lending news on Twitter...
CB Insights has released a market report on artificial intelligence; the report includes the market landscape, market statistics and an outlook for future growth; in the first quarter of 2017 the sector reported 30 artificial intelligence deals in fintech and insurtech with 48% of the deals by seed or angel investors; other highlights include $14.9 billion in equity funding from 2,250 deals since 2012, over 200 artificial intelligence acquisitions since 2012 and 11 artificial intelligence acquisitions by Google. Source

