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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.

Asia/PacFintechNews Roundup
·Apr. 25, 2017

Dianrong Looking to Fully Implement Blockchain

Chinese P2P lender Dianrong is looking to implement blockchain across their entire company to enhance transparency and security for their customers; this is in addition to a recently announced partnership with Taiwan-based Foxconn to launch a blockchain startup called Chained Finance; according to CoinDesk Dianrong's blockchain plans are detailed on their website and they explain using an ethereum-based solution designed to facilitate tamper-proof loan contracts, donations to charity and credit management; Dianrong is also rumored to go public sometime in the near future, though IPO talk has been discussed for a few years. Source

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FintechNews RoundupUSA
·Jun. 26, 2019

The Reputation of US Banks

Trust of US banks has fallen according to recent research; 40 banks...
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News Roundup
·Apr. 8, 2021

Top Fintech News Stories for April 8, 2021

Here are the most read news stories from our daily newsletter today:...
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FintechNews RoundupUSA
·May. 6, 2020

LendingClub Releases Q1 2020 Earnings, Anticipates Originations to fall 90% in Q2

We are now getting a sense of the impact of the coronavirus...
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FintechNews RoundupUSA
·Jan. 25, 2018

Venmo Adds Instant Bank Transfers

After a successful pilot last summer Venmo has started to roll out instant bank transfers; the service will require a Visa or Mastercard debit card and allow for transfers to be done within 30 minutes for $0.25 fee; the free version of bank transfers will remain; PayPal, who owns Venmo, hopes the instant transfers will help with revenues. Source.

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FintechNews RoundupUSA
·Aug. 1, 2017

Chart of the Week: Preferred Mobile Lending App Features

In its discussion of how banks can become digital lenders, The Financial Brand provides the above chart; while mobile lending apps are only one aspect of a comprehensive digital lending platform, they are a core feature that customers rely on; the chart outlines the key features customers seek from mobile lending apps with the top features including the capability to lock in interest rates, calculate loan amounts and check an application status. Source

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EuropeFintechNews Roundup
·Feb. 13, 2018

Head of the IMF Sees Global Cryptocurrency Regulations as Inevitable

Head of the IMF, Christine Lagarde, said she thinks it is inevitable that global regulators come up with new regulations for cryptocurrencies; the IMF has been primarily focused on how the new currencies are being used for money laundering and funding illicit activities; this isn’t the first time the IMF has hinted at and discussed cryptocurrency regulations; trends in the direction of new legislation have been hinted at for some time though nothing widespread has occurred yet. Source.

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EuropeNews RoundupOnline Lending
·Aug. 24, 2017

ThinCats Discusses Plans for IFISA

After receiving FCA authorization earlier this month, ThinCats provides some insight on plans for its IFISA; Stewart Cazier, head of retail for ThinCats, says the company is planning for a 2017 release of its IFISA; Cazier also says the firm is planning a staggered rollout with registered investors receiving first priority. Source

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EuropeFintechNews Roundup
·Feb. 24, 2020

Monzo To Offer Free Credit Scores to UK Customers

Monzo has become the first bank to offers its customers a free...
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FintechNews Roundup
·Feb. 3, 2020

China’s P2P Lending Market Faces Extinction

China was once home to the largest p2p lending market in the...
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