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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 News Roundup Online Lending

·Aug. 17, 2017

MarketInvoice Partners with Veritas

Veritas is a specialist in commercial credit management services; through the partnership, MarketInvoice will be available to customers using the firm's VeritasVirtual platform; clients use this platform to monitor the status of outstanding payments and will now be able to obtain access to the MarketInvoice Pro credit line through the VeritasVirtual platform. Source

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Europe Fintech News Roundup

·May. 22, 2019

1 in 10 European Banks Could Close by 2023

According to a new study by consultancy firm A.T. Kearney the combination...

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Fintech News Roundup

·Jan. 23, 2018

P2P Lending Smart Contracts

Longfin is a micro-cap company that is listed on the Nasdaq; the company offers foreign exchange as well as financing to small businesses; recently they acquired micro lender Ziddu.com which provides smart contracts on the Ethereum blockchain; now the company is looking to make contracts available for p2p lending, warehouse finance, structured products and FX or OTC derivatives. Source

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Fintech News Roundup USA

·Nov. 13, 2017

SEC Lays Out New Guidelines on Cybersecurity Breaches

Publicly traded companies will soon face new regulatory requirements when it comes to reporting cybersecurity breached to investors; the SEC did not establish a timeline for when these new regulations will be in place or to what level a breach would need to be for disclosure purposes; this is in response to recent breaches of Equifax and the SEC which were disclosed well after the incident. Source.

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News Roundup

·May. 27, 2020

The Future of Fintech In A Coronavirus World

[Editor’s note: This is a guest post from Miron Lulic. He is...

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Fintech News Roundup

·Nov. 15, 2017

LexinFintech Files a $500mn IPO on Nasdaq

Chinese online consumer lender, LexinFintech, filed a $500mn IPO to list on the Nasdaq; LexinFintech provides installment loans for consumers to buy products; regulators have been looking closer at consumer lending in China with recent companies listing on US exchanges; the listing is being underwritten by Goldman Sachs, BofA Merrill Lynch, Deutsche Bank Securities and China Renaissance. Source.

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Fintech News Roundup USA

·May. 13, 2020

Fed Should Step in to Help Consumers Access Credit

While small businesses have been able to access credit during the current...

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Fintech News Roundup USA

·Apr. 20, 2018

Banks Can Learn a Lot from Facebook Data Issues

Banks can take a lot of lessons from Facebook in regards to the ongoing data problems with Cambridge Analytica; as data sharing becomes commonplace in banking, banks and their partners need to ensure information is kept secure and not used for nefarious reasons. Source.

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Fintech News Roundup

·Apr. 20, 2017

Lend Academy Article: Why I Don’t Believe in the Hybrid Advice Model

Emmanuel Marot writes about the hybrid robo advice model in a blog post for Lend Academy; says he is not in favor of the hybrid model since machine learning can take care of the needs of investors noting that complexity nor human whims have proven to bring any value. Source

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