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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

·Jan. 21, 2019

Spring Labs is Building the Future of Anti-Fraud and Identity Verification

A new blockchain-based anti-fraud and identity verification system is being built by...

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Fintech News Roundup

·Nov. 13, 2017

Guide to How Token Launches Work

Metamask shares their official guide on what investors should expect when participating in a token sale for the first time; provides tips to ensure understanding of the projects, prerequisites to participate and how to avoid fraud. Source

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News Roundup

·Mar. 6, 2021

Online Lenders Battling Colorado over 12% Rate Cap

Avant and Marlette Funding are battling state law in Colorado; the state has a 12% rate cap for consumer loans and both lenders advertise loans that exceed that limit; both partner banks that work with the online lenders have filed lawsuits against Colorado claiming the interest rates they charge are acceptable by federal law because of the charters they hold from their state. Source

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Finance News Roundup USA

·Dec. 6, 2016

Outlook for US Structured Finance in 2017

In a report on the structured finance market, Fitch Ratings provides an outlook for 2017; says losses from auto loan asset-backed securities could increase with rising defaults; also notes increased risk from marketplace lenders and industry securitizations which have been reporting higher delinquency and loss rates; says the best performance is likely to be from residential mortgage and commercial mortgage securitizations. Source

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Europe Fintech News Roundup

·Apr. 18, 2017

P2P-Banking Launches IFISA Database

P2P-Banking has launched an IFISA database to help UK investors compare IFISA providers; investors can filter search criteria by interest rate, term, loan type, minimum investment, account transfers and promotions among other criteria; the focus of the service is on P2P lending IFISAs however the database also includes other types of IFISA investment options. Source

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Fintech News Roundup USA

·Mar. 20, 2020

Luvleen Sidhu, CEO of BankMobile, Has Big Growth Plans

Luvleen Sidhu took over as CEO of BankMobile in January after serving...

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Fintech News Roundup USA

·Apr. 29, 2019

John Hancock Backs Wealth Management Platform

The new fintech company is called COIN and targets millennials and other...

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Europe Fintech News Roundup

·Apr. 29, 2020

Eight Top Employees Have Left Revolut Since Coronavirus Lockdown

AltFi reports that since the middle of March, Revolut has lost eight...

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News Roundup Online Lending USA

·Jan. 30, 2017

Climb Credit Expanding the Student Loan Credit Underwriting Model

Climb Credit is integrating earnings potential into its credit underwriting models for student loans; firm offers student loans for individuals and through partnerships with educational institutions; its credit underwriting process for a student loan includes multi-factor data on the earnings potential of the loan's borrower in addition to the individual borrower's credit score. Source

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