Nubank announced in October the creation of the digital currency, which is part of its new blockchain and crypto-assets initiative in LatAm.
The company is currently valued at $2.8 billion and has lent $4 billion to British businesses with zero defaults; the...
VisibleThread recently launched their 2018 clarity report on the state of U.S. Banking Communications and among the findings is that...
The Ontario Securities Commission (OSC) has published their annual report sharing that they are monitoring P2P lending, digital crowdfunding and online advisors; to date the OSC has supported 38 fintech companies with the OSC LaunchPad; the LaunchPad was created for businesses that don’t fit neatly under existing regulation. Source
While the promise of a flood of new products that would create the biggest shake-up in retail banking in decades hasn’t...
According to a New York Federal Reserve report, online mortgage lenders approve loans faster, experience fewer defaults and encourage more refinancing; not surprisingly they are also able to respond to customers as demands shift; the report studied banks and fintechs to better understand the market; lending from fintechs has grown by 30% annually since 2010, from $34 billion to $161 billion, representing 8% of the market. Source
The OCC is looking for feedback on whether to launch a program for banks and vendors to test new financial...
Every year Inc. pulls together a list of the top 5000 fastest growing private companies in the United States. This...
A new study released by Accenture says bankers now have high expectations for Open Banking as half of those surveyed...
A recent report commissioned by Pepper, a 100% mobile bank created by Israel’s leading bank Bank Leumi, claims retail banks are seriously...