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FintechNews RoundupUSA
·Jan. 23, 2020

FICO Changes Could Hurt Credit Scores

Credit scoring company FICO is starting to make some changes to how they view consumers with rising debt and those...
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Peer to Peer Lending
·Oct. 23, 2019

The Meteoric Rise and Spectacular Fall of Peer to Peer Lending in China

When we started LendIt in 2013 I had no idea that China was a hot bed of peer to peer...
Read Full Story
FintechNews Roundup
·Jun. 12, 2019

Ping An Uses Facial Recognition to Assess Risk

Ping An Insurance Group is China’s largest insurer and one of its biggest financial conglomerates; the company has become a...
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FintechNews RoundupUSA
·May. 24, 2019

Fintechs Continue to Disrupt as More Traditional Firms Take Notice

Fintechs owned 1 percent of unsecured lending in 2010, they now account for 40 percent; Visa estimates that 5 percent...
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FintechNews RoundupUSA
·Apr. 22, 2019

Prosper Fined by the SEC for Inflating Investor Returns

The Securities and Exchange Commission fined online lender Prosper late last week for inflating returns to more than 30,000 investors;...
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News Roundup
·Nov. 18, 2019

Mitigating Risk from Account Takeover

[Editor’s note: This is a guest post from Tim Dubes, Vice President of Marketing with Ocrolus, a cloud platform for...
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News Roundup
·Oct. 9, 2019

FINNOSUMMIT Miami by LendIt Fintech is Two Months Away

Investment in Latin American fintech is at an all time high. There is a huge amount of VC money flowing...
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EuropeFintechNews Roundup
·Jun. 11, 2019

New Securitization Deals Point to Another Hit to the Bank Branch

UK based online real estate lender LendInvest announced a $328mn securitization deal yesterday which is the second in the last...
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EuropeFintechNews Roundup
·May. 21, 2019

Funding Circle Sees Success in Foreign Markets

The UK is still Funding Circle’s biggest market but expansion to new markets and improved performance from established foreign markets...
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FintechNews Roundup
·Apr. 22, 2019

Chinese Banks Should Expand Their Credit Card Offerings

In China only prime consumers have credit cards with just 21% of the population carrying one; the delinquency rate on...
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