Shuttle Holdings is preparing to launch a beta custody solution for digital assets built on IBM’s private cloud and encryption technologies;...
Instant buying or iBuying is starting to shake up certain real estate markets in the U.S. as firms like Zillow,...
iBuying quickly became one of the hottest terms in digital real estate over the last few years with firms like...
The current crisis is testing a lot of industries and iBuying has become one of the hardest hit with the...
iCapital Network is a fintech platform serving the asset and wealth management sector; they are now acquiring Artivest, a company...
The Independent Community Bankers of America (ICBA) is lobbying Congress to block fintech firms from obtaining an Industrial Loan Company...
Podcast talks with former SEC Enforcement Division attorney Nick Morgan; Nick Morgan says the SEC is reviewing all types of cases and using the Howey Test to determine whether the deals are considered an offering of securities; explains that the Howey Test considers whether the expectation of profit relies on efforts of investors and also says that the investigations center around whether the investors are passively investing or actively involved in creating value; Morgan also noted that the SEC's resources are limited given the vast number of ICOs being offered and reports that the investigations will likely focus first on any fraudulent activity with potential investigation efforts also on exchanges that encompass the inclusion of many ICOs. Source
Through a partnership with MicroVentures, Indiegogo will allow investors to participate in ICOs; accredited investors will be able to buy Simple Agreements for Future Tokens (SAFTs) where tokens are delivered on a certain date; the first ICO being advertised is the Fan-Controlled Football League. Source
deBanked spoke with ID Analytics and learned that the firm has increased its visibility into the consumer lending market to 85%; ID Analytics offers a tool which allows lenders to see where a borrower is at with other lenders which is only accomplished with this kind of visibility into the market; ID Analytics also helps lenders combat fraud by analyzing applications for credit; the company analyzes about 1 million credit applications a day. Source
ID Analytics introduced the Online Lending Network in October 2016 with the goal of providing greater resources to lenders for mitigating fraud; Online Lending Network members access internetwork supplied data and information from ID Analytics for greater detection of fraudulent loan applications and loan stacking; ID Analytics reports that the network has achieved visibility into 75% of US domestic marketplace lending activity since inception with membership increasing by 50% since its launch. Source