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FintechNews RoundupUSA
·Apr. 8, 2020

New Platform Aims to Kickstart Angel Ecosystem in Europe

Blossom Capital’s Ophelia Brown has created what is described as the first of its kind investor platform for angel investors;...
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FintechUSA
·Jun. 18, 2020

New PPP Loan Forgiveness Rules Will Help Small Businesses

The millions of small businesses that have taken out Paycheck Protection Program loans received some good news yesterday; the Trump...
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FintechNews RoundupUSA
·Feb. 20, 2018

New Products Help Homeowners Purchase Homes and Sell Equity

In recent years there have been several companies who are focused on what are called shared-equity contracts; these companies provide help to potential homebuyers by providing a portion of the down payment; some companies also offer the ability for current homeowners to sell equity in their home which is an alternative to a cash-out refinance; investors hope to participate in the upside as property values increase; some of the players in this space are Landed, Unison, Point and Patch Homes. Source

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FintechUSA
·Jul. 7, 2020

New Promontory Interfinancial Network President Says Fintech Failures are Inevitable

Jane Gladstone was recently named President of Promontory Interfinancial Network and has been at the forefront of fintech since the...
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FintechNews RoundupUSA
·Jan. 17, 2020

New Report Endorses Mobile as Future of Banking but Branches Survive

Personal finance startup MX surveyed more than 1,000 consumers about the future of banking and found 70 percent believe mobile...
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FintechNews RoundupUSA
·Feb. 5, 2019

New Report Highlights Risks of Fintech

A new report by analyst Karen Shaw Petrou argues that fintech firms pose just as many risks as they do...
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FintechNews RoundupUSA
·Mar. 23, 2018

New Report on Fintech from Federal Reserve Bank of Philadelphia

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

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FintechNews RoundupUSA
·May. 3, 2019

New Report Says 22 Percent of Institutional Investors Have Digital Asset Exposure

A new report by Fidelity Investments shows that 22 percent of institutional investors already have some exposure to digital assets;...
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FintechNews RoundupUSA
·May. 29, 2020

New Report Says 27 Percent of People are in Control of their Finances

A new survey by N26 found that 27 percent of people around the world feel in control of their finances;...
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FintechNews RoundupUSA
·Apr. 25, 2019

New Report Shows Financial Subscriptions Would be Popular

A new report by Ernst & Young surveyed 1,500 U.S. consumers across different wealth, age and demographic groups to discover...
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