The Head of Amex’s mobile app, Stewart Kendall, sat down with the Tearsheet Podcast to discuss the shift in customer...
SeekingAlpha reports on the valuation of Square, Inc. citing several factors that have led to an overvalued stock price of $17.37; the author reports that assumptions on the growth of its customers is overestimated; says it will have difficulty when expanding to higher value customers and internationally also reporting that the business model is at risk to lower cost market competitors; also says that its reliance on Square Capital lending to retain customers and balance attrition of gross payment volume is unlikely primarily due to market competition. Source
Kevin Shane, EVP Capital Markets at Sharestates shares his ideas for what is needed to help support American small businesses...
The crypto lending industry has been able to show some significant growth even as cryptocurrency prices have tanked in the...
Businesses around the United States have been significantly impacted by the coronavirus; at LendIt Fintech we postponed our USA event...
Goldman Sachs Co-Chief Information Officer Marco Argenti sent a memo seen by Business Insider that details the potential of building...
The central banks of Britain, Japan, the euro zone, Sweden and Switzerland have teamed up with the Bank for International...
American Banker sat down with Varo Money CEO Colin Walsh to talk about where the company stands in their quest...
The primary focus in the online real estate market has been on consumer and residential products however a significant opportunity appears to exist in commercial real estate with the size of the market valued at approximately $3.5 trillion; HousingWire provides a recap of LendIt's commercial real estate panel featuring the three primary companies active in the space including: Cadre, Money360 and Plum Lending; panelists discussed the success of the their businesses and the main challenges for new entrants including the complexities of data sets and the lack of technology solutions for commercial market services. Source
The focus of the weekly update centered around how the Trump administration will try to ease the regulatory environment for banks and an explanation of the risk retention rule that recently went into effect; banks welcomed the executive orders signed by Trump, the regulatory burden has been high and cost of capital has continued to rise to meet the demands of Dodd-Frank; as of December 24, 2016 all asset types are required to adhere to a 5% risk retention requirement or skin in the game; this is meant to align investor interests with sponsor interests and make the securitization deal safer; PeerIQ goes into a detailed explanation and helps to provide answers to some of the questions surrounding the rule's implementation. Source