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FintechNews RoundupUSA
·May. 15, 2018

Vikram Pandit Bets Big on Credit Card Startup

The former Citigroup CEO is investing $100 million in Fair Square Financial LLC through his investment firm called Orogen Group;...
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EuropeFintechNews RoundupUSA
·May. 15, 2018

HSBC Completes Trade Finance Deal on the Blockchain

According to Financial Times, this marks the first commercially viable trade finance deal using the blockchain; the trade was completed...
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FintechNews RoundupUSA
·May. 16, 2018

Lend Academy Article: Prosper Reports Q1 2018 Financials

Prosper narrowed their losses for the quarter and reported significant growth in originations. Source...
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FintechNews RoundupUSA
·May. 16, 2018

Circle, Owned By Goldman Sachs Launches “Circle USD Coin”

The payment company announced the news that they were launching a cryptocurrency yesterday; it aims to be the digital version...
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FintechNews RoundupUSA
·May. 16, 2018

Coinbase Rolls out New Tools for Institutions

Coinbase announced four new services that show the exchange is looking to court institutions; Coinbase Custody is a custodian partnership...
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FintechNews RoundupUSA
·May. 16, 2018

Beneficial Bank Looks to Mix Old and New to Stay Competitive

Beneficial has long used personal touch in banking, with a new age of banking upon us the bank is looking...
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FintechNews RoundupUSA
·May. 16, 2018

Does Envestnet’s Size Make it Vulnerable

Envestnet has almost triple revenues in the last five years, in part because of their acquisition strategy; some are beginning...
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FintechNews RoundupUSA
·May. 16, 2018

Credit Card Lenders Face Challenges

According to the WSJ, a combination of increasing loan losses and credit card rewards expenses are having an impact on...
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FintechNews RoundupUSA
·May. 16, 2018

Anthony Noto’s Letter to SoFi Shareholders

Anthony Noto recently left Twitter to become the CEO of SoFi; in his first shareholder letter which was obtained by...
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FintechNews RoundupUSA
·May. 16, 2018

How AI Will Change Banking

American Banker has put together a slideshow describing the various ways AI will change how banking is done; bank executives...
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