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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
·Apr. 6, 2017

Wells Fargo and Finicity Announce Data Sharing Deal

From the deal, Finicity will gain data sharing access to Wells Fargo's customer data for its clients which include personal financial management providers and online lenders; the deal is one of many currently underway for Wells Fargo and Finicity as well as numerous other market participants; overall, market consensus from American Banker shows less tension between banks and third party providers with companies such as Intuit reporting an increased interest from all parties involved in improving the experience for customers; American Banker also notes that as data sharing becomes more prevalent there's likely to be an evolution of technology that helps facilitate the connectivity.  Source

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FintechNews RoundupUSA
·Mar. 25, 2019

More Trouble for Direct Lending Investments

The SEC is suing Direct Lending for inflating returns by about 2...
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EuropeFintechNews Roundup
·Oct. 12, 2017

Lend Academy Article: Key Takeaways From LendIt Europe 2017

Peter Renton, co-founder of LendIt shares his takeaways from LendIt Europe 2017; discusses presentations from many of the presenters on the keynote stage. Source

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Fintech Weekly News
News Roundup
·Feb. 5, 2022

Top 10 Fintech News Stories for the Week Ending Feb. 5, 2022

Another busy week in fintech news with a lot of digital asset stories making our top 10.
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FintechNews RoundupUSA
·Mar. 4, 2020

Credit Suisse and Brokerage Provider Settling Trades on Distributed Ledger

Credit Suisse and Instinet have recently started to settle US stock trades...
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FintechNews Roundup
·Oct. 10, 2017

Chatbots Increasingly Used in Banking

Chatbots are a great tool for banks to appeal to tech-savvy customers at a lower cost compared to a standalone app; according to Business Insider, DBS uses Kaisto’s Kai which allows customers to use Facebook Messenger to process transactions; Swedbank is currently using Nuance’s NINA to better serve customer inquiries; article shares other companies using chatbots and why this is a segment positioned for continued growth. Source

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FintechNews RoundupUSA
·Mar. 4, 2019

Discover Using AI to Better Assess Borrowers

Discover plans to use artificial intelligence in order to learn more about...
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FintechNews RoundupUSA
·Apr. 5, 2019

New Fintech SoLo Funds Offers Payday Alternative

A new fintech, SoLo Funds, has launched to allow customers to be...
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FintechNews RoundupUSA
·Feb. 8, 2018

Attractiveness of Point of Sale Financing

 Recent research shows that younger consumers are uncomfortable with carrying credit card balances; consumers are more comfortable with products like personal loans that are more transparent and easier to understand; there has been an increased interest in point of sale financing; one company driving this trend is GreenSky which partners with banks to fund loans; the proportion of consumer loans going to point of sale financing has increased significantly at banks that partner with GreenSky including Regions, Synovus and Fifth Third. Source

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News RoundupOnline LendingUSA
·Apr. 6, 2017

Renaud Laplanche Launches Upgrade

Renaud Laplanche has announced the launch of a new online consumer lending platform called Upgrade; the firm's investors include Apoletto, CreditEase, FirstMark Capital, Noah Holdings, Ribbit Capital, Sands Capital Ventures, Silicon Valley Bank, Union Square Ventures, Uprising and Vy Capital; the firm will partner with WebBank for loan originations and plans to sell its loans to institutional investors; it is working with Jefferies on its capital markets strategy and a loan securitization program; the firm also has plans to use blockchain for data management and transactions.  Source

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