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USA

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

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

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

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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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. 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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FintechNews RoundupUSA
·May. 15, 2018

Morgan Stanley Sees Brazil as a Rising Fintech Power

Morgan Stanley recently bought more than $14mn of local subordinated bonds from online lender Geru Tecnologia e Servicos; Brazil has...
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FintechNews RoundupUSA
·May. 15, 2018

Default Rates of Subprime Auto Loans Higher than Financial Crisis

According to data from Fitch Ratings delinquency rates for subprime auto loans are at 5.8 percent, higher than the financial...
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FintechNews RoundupUSA
·May. 15, 2018

Citizens Financial Looks to Launch Online Only Bank

In a bid to boost their deposit base Citizens Financial is planning to launch a online only bank; the new...
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FintechNews RoundupUSA
·May. 15, 2018

Lend Academy Article: The Story of Sharestates: From Startup to $1 Billion in 3 Years

Sharestates is one of the most successful companies in the real estate crowdfunding space; they grew originations to over $1...
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