News Roundup Archives | Page 9 of 715

Random

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

·Feb. 14, 2017

Chart of the Week: Investments in Insurtech

CB Insights shares the total number of startup investments by (re)insurers since 2012; (re)insurers have taken an increased interest in investing in insurtech companies with an estimated 135 investments in 2016; some of the most recent insurtech deals spanning many verticals of insurance are shared below. Source

Read Full Story

Fintech News Roundup USA

·Jan. 9, 2019

Cross River Bank Partners with Stripe for Faster Payments

The partnership with Stripe will ultimately help marketplace or gig economy workers...

Read Full Story

Fintech News Roundup USA

·Jan. 16, 2017

FTC Announces Fintech Forum on March 9

The Federal Trade Commission (FTC) will hold a fintech forum focusing on blockchain and artificial intelligence on March 9, 2017; the forum will be the third fintech forum for the FTC; event will be free and open to the public at the University of California, Berkeley. Source

Read Full Story

News Roundup

·Jan. 30, 2012

You Can Now Open a Prosper IRA

[Update 2/29/12: Prosper announced the minimum is now $5,000 and they will waive...

Read Full Story

Fintech News Roundup

·Apr. 19, 2017

Deutsche Bank Acquires Stake in Receivables Auction Platform TrustBills

Deutsche Bank acquired a 12.5% stake in receivables auction platform TrustBills as the company looks to upgrade their core technology system; in September 2016 Deutsche Bank CEO John Cryan reportedly told employees they needed to begin thinking more like a tech startup if they were to keep their positions; the move to acquire TrustBills looks like the beginning of a fintech strategy by the bank; TrustBills is a marketplace for national and international trade receivables and they have begun looking to expand to more markets soon. Source

Read Full Story

Fintech News Roundup

·Apr. 28, 2017

Artificial Intelligence Replacing Jobs

According to Kai-Fu Lee, founder of venture capital firm Sinovation Ventures, robots could replace 50% of all jobs in the next decade; artificial intelligence capabilities such as rapidly dispersing loans or recognizing millions of faces at the same time can make businesses much more efficient; while humans will still represent a significant portion of the labor market, specifically in service jobs, the efficiencies of artificial intelligence solutions make them hard to overlook. Source

Read Full Story

Fintech News Roundup USA

·May. 14, 2020

New Fiserv CEO Talks First Data Merger and Post Covid Financial World

New Fiserv CEO Frank Bisignano is set to take over in July...

Read Full Story

Fintech News Roundup USA

·May. 5, 2020

Robinhood Officially Closes $280 Million Series F

The Series F round values the fintech company at $8.3 billion; the...

Read Full Story

News Roundup Online Lending USA

·Nov. 15, 2016

Prospect Marketplace Lending Corp. Files for a Marketplace Lending Fund

Prospect Marketplace Lending Corp. has filed papers with the Securities and Exchange Commission for a fund investing in marketplace loans; the firm has filed an N-8A and an N-2 indicating its investment company status and plans for managing a closed-end fund; the closed-end fund will invest 80% of its assets in marketplace lending investments. Source

Read Full Story

Europe Fintech News Roundup

·Feb. 18, 2020

N26 Customers Betrayed and Outraged by UK Exit

N26 announced last week that they were leaving the UK market due...

Read Full Story