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FintechNews RoundupUSA
·May. 10, 2019

Figure Closes a $1 Billion Line of Credit on Blockchain

Figure has announced the commitment of a $1 billion uncommitted asset based financing facility on their Provenance blockchain; the funding...
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FintechNews RoundupUSA
·May. 10, 2019

PayPal Can Save $25mn a Year by Automating Customer Service

PayPal’s CFO John Rainey said 11 percent of the company’s 60 million customer inquires could be automated; the types of...
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FintechNews RoundupUSA
·May. 13, 2019

Credit Card Earnings, Regulatory News and Consumer Credit

In this week’s PeerIQ Industry Update they cover the slowing growth rate of consumer credit which points to consumers being...
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FintechNews RoundupUSA
·May. 13, 2019

Affirm Executive Joins California’s Top Financial Regulator

Manuel Alvarez was previously general counsel and chief compliance officer at Affirm; today he was sworn in as commissioner of...
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FintechNews RoundupUSA
·May. 13, 2019

Large Retailers Accepting Bitcoin but Won’t Talk About It

A Forbes reporter shares a story about accompanying Cameron and Tyler Winklevoss on a trip to Starbucks; using a beta...
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FintechNews RoundupUSA
·May. 13, 2019

Banks Make Changes to Acquire Tech Talent

Banks know they cannot compete dollar for dollar for top tech talent and are starting to adjust their offerings to...
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FintechNews RoundupUSA
·May. 13, 2019

Citi’s Bet on a Smaller Footprint Starts to Payoff

Unlike Bank of America and JPMorgan Chase Citi has shrunk their branch footprint and the bet is starting to the...
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FintechNews RoundupUSA
·May. 14, 2019

Bitcoin’s Value Doubles as it Passes $8,000

Bitcoin has seen a resurgence in 2019 with the value of the digital currency skyrocketing to over $8,000; the rally...
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FintechNews RoundupUSA
·May. 14, 2019

An Update on PeerStreet’s Business

PeerStreet is one of the leaders in the real estate crowdfunding space in the US; they announced in March that...
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FintechNews RoundupUSA
·May. 14, 2019

Video: Bank of America Executive on Hot Topics in Fintech

Speaking in a short segment on Bloomberg, Catherine P. Bessant, chief operation and technology officer at Bank of America discusses...
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