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FintechNews RoundupUSA
·Mar. 20, 2019

Brendan Ross Has Resigned as CEO of Direct Lending Investments

Bloomberg is reporting that beleaguered fund manager, Brendan Ross, has resigned as CEO of Direct Lending Investments; citing a letter...
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FintechNews RoundupUSA
·Mar. 20, 2019

AI Can Usher in a New Era of Prosperity

In an op-ed in American Banker the CEO of Synchrony, Margaret Keane, discusses artificial intelligence and the impact it can...
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FintechNews RoundupUSA
·Mar. 21, 2019

LendingClub and Prosper Tax Information for 2019

Every year we provide the information that retail investors who buy notes at LendingClub or Prosper need for filing their...
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FintechNews RoundupUSA
·Mar. 21, 2019

Competition for Deposits in the US

A recent research note from Bank Policy Institute shares how big and smaller banks are fairing in the fight for...
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FintechNews RoundupUSA
·Mar. 21, 2019

Chase Launches New Low-Cost Checking Account for the Underserved

The new account is aimed at consumers who may not otherwise have a traditional banking relationship; the account still comes...
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FintechNews RoundupUSA
·Mar. 21, 2019

Square Launches an Online Store to Compete With Shopify

Square has unveiled a fully fledged online storefront for its sellers signifying its first major foray into e-commerce; until now...
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FintechNews RoundupUSA
·Mar. 21, 2019

Opendoor Raises $300M at a $3.8B Valuation

Real estate fintech platform Opendoor appears to be crushing it; they have raised some $1.3 billion in equity and around...
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Asia/PacEuropeFintechNews RoundupUSA
·Mar. 22, 2019

Announcements & Releases for March 22, 2019

Data breaches drive jump in UK financial fraud JP Morgan Head of eCommerce Sees Little Threat from “Payments Disruptors” If...
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FintechNews RoundupUSA
·Mar. 22, 2019

Small Financial Institutions Should Embrace Fintech

In an op-ed in American Banker the executive director of the Marketplace Lending Association, Nat Hoopes, argues that small banks...
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FintechNews RoundupUSA
·Mar. 22, 2019

Community Banks Must Be Careful to Not Over Automate

Deciding what new technology works best is a struggle that community banks are continuing to work through as they try...
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