Forbes shares the four lenders that have made the Forbes Fintech 50 list for 2019; the list included well established...
There has recently been a trending story amongst traders that Robinhood investors are the reason the markets have rebounded so...
Lloyds Banking Group has signed a five year deal with Google Cloud in a bid to streamline the bank’s customer...
Ocwen Financial is currently managing enforcement orders from 22 state regulators regarding abuse of mortgage servicing; factors involved with the proceedings include illegal foreclosures, deceptive fees and mishandled customer home loan payments; shares of the publicly traded company have fallen approximately 50%; the enforcement orders prohibit the acquisition of new mortgage servicing rights and the origination of mortgage loans. Source
Fintech is improving the financial services industry and providing new borrowing opportunities across the country; the current framework makes innovation challenging with differing requirements for online lenders in each of the 50 states; Nat Hoopes, the Marketplace Lending Association's director, writes in favor of the OCC fintech charter and the benefits it would provide for online lending, fintech and the industry overall. Source
In their first quarter earnings call yesterday PayPal revealed the scale of Venmo for the first time; in the past...
Square continues their push into banking by offering a new debit card to business owners; “We now offer all sellers...
Citizens Bank has partnered with the Opportunity Network to provide increased support for business owners; the Opportunity Network is an innovative business-to-business networking platform; it includes 13,500 CEOs and reports approximately $35 billion of deal flow; through the business-to-business platform, businesses can connect with deal support for a number of activities including mergers, acquisitions and new market expansion. Source
A buyer’s guide to data aggregation Why Freelance Workers Should Be The First To Adopt Blockchain The Biggest Threat To...
The news marks PayPal’s first investment in a company focused on leveraging blockchain technology; the investment was part of an...