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During the week I share the latest p2p lending news on Twitter as it happens. Then every Saturday I take the most interesting...
When the CFPB released their long-awaited proposal on open banking rules in October there was cautious optimism from both banking and fintech groups.
Fast forward two and a half months, when everyone has had a chance to fully digest the 299-page proposed rulemaking, there are many suggestions for improvement. With the 60-day comment period ending this week, the CFPB has received over 11,000 comments.
Privacy is a running concern with potential users of a retail CBDC. BIS have announced the launch of a project to resolve them.
Payable announced a new $6-million seed round on Tuesday.
Latam regulators show growing interest in the technology that powers cryptocurrencies. Brazil is to begin pilot tests for its CBDC this month.
By 2026, BNPL payments are expected to account for almost a quarter of all global e-commerce transactions, according to Juniper Research.
With the new investment, Finkargo plans to accelerate the growth of more than 600 companies in the international trade sector.
CNBC reported today that Goldman Sachs is likely to take a "large writedown" as they seek to offload their ill-fated acquisition.
It was three ago last week when LendingClub closed its acquisition of Radius Bank. At that time LendingClub entered into an operating agreement with the OCC that imposed capital restraints and growth limits on the fintech pioneer.
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Every Saturday I bring you the latest news from the world of peer to peer lending. These are the best...