Early this month Prosper said goodbye to its old API. It was announced back in March that this transition was...
A new bill has been introduced in Congress that would mandate the IRS to make their data available via API; the current process for lenders requires borrowers to fill out a form known as IRS 4506-T: Request for Transcript of Tax Return; Lend Academy provides additional information on the bill with thoughts from Congressman McHenry and Nat Hoopes, Executive Director of the Marketplace Lending Association. Source
Prosper is still working on a response to concerns that were raised last month in the comments of my post...
Citi announced the launch of a new global API Developer Portal (developer.citi.com) to connect with developers and enable them to build innovative client solutions; the open architecture will help facilitate collaboration and partnerships with fintech companies and consumer brands worldwide; Citi will grant developers access to APIs across six usage categories: account management, peer to peer payments, money transfer to institutions, Citi rewards, investment purchases and account authorization; Citi plans to add more categories over time and developers are encouraged to register with Citi to use this portal. Source
In a surprise announcement yesterday Lending Club sent notice that it has decided to make some changes to the data...
The marketplace lending ecosystem continues to develop. Yesterday, LendingRobot announced a significant funding round that will allow it to “improve...
Ron Shevlin writing in Forbes gives his perspective on Plaid’s launch of Plaid Exchange or PX; According to the press...
Back office banking infrastructure needs updating; fintech companies and banks want to work with companies that can provide a customizable,...
Pinwheel’s new partnership with Jack Henry will help banks and credit unions win primacy with more clients.
A few weeks ago, Lending Club investors received an email notifying them that Lending Club would be introducing a new...