In an interview in Forbes, Bluevine CEO and Co-Founder Eyal Lifshitz, gives some background on the history of his company...
Video banking and interactive teller machines are moving from a nice to have to a must have in the current...
In this guest post, Miron Lulic, founder and CEO of SuperMoney shares his perspective on the outlook for fintech given...
The report is titled “Do Fintech Lenders Penetrate Areas That Are Underserved by Traditional Banks”; the report used account-level data from LendingClub and other US Banks with assets over $50 billion; according to the paper’s abstract: “We find that LendingClub’s consumer lending activities have penetrated areas that may be underserved by traditional banks, such as in highly concentrated markets and in areas that have fewer bank branches per capita. We also find that the portion of LendingClub loans increases in areas where the local economy is not performing well.” Source
Capital One spent 81 percent more on marketing in Q4 2018 than it did in Q4 2017 and Discover’s marketing...
Top Senators on the Senate Banking Committee have asked stakeholders to provide information on breaches so they can consider legislative...
Kathryn Petralia, co-founder and head of operations of Kabbage talks about their SoftBank deal, tech partnerships, culture and more. Source
Swedish fintech startup Klarna, who along with Revolut are valued as the highest fintechs in Europe, took an annual loss...
SoFi has announced details of its latest fundraising round which now adds $500 million in new equity capital for the firm; the financing was led by Silver Lake and included SoftBank and GPI Capital; the fundraising will support the continued expansion for the firm; it now offers student loan refinancing, personal loans, mortgage loans, life insurance, wealth management and banking; it also plans to expand its services to Australia and Canada. Source
The Cambridge Centre for Alternative Finance, the World Bank and the World Economic Forum launched a new survey today to...