UpLift, a new fintech startup offering a point-of-sale financing service for travel purchases, has partnered with Golden Nugget Hotel and The Mark Travel Corporation; the companies will utilize UpLift's financing solutions at the point-of-sale making installment payments an option for customers; UpLift also says it offers the industry's lowest rates for the payment services. Sources
One of the best ways to learn what is going on during the current crisis is to attend live virtual...
Peter Renton, Founder of Lend Academy and Co-Founder of LendIt reflects on first interacting with Chris Larsen back in 2010; the co-founder and former CEO of Prosper is now trying to solve a massive multi trillion dollar challenge: enabling instant global payments. Source
Digital bank Rho is moving beyond the small companies it initially served to begin working with companies that have 100...
The latest round for the fintech startup values the company above Betterment; the app helps users invest by rounding up...
The complaint was filed on Thursday with the story echoing similar stories that have been published in the last few weeks; the lawsuit is one of at least three filed against the company. Source
The US Senate's Banking Committee majority leader says a full reform of Dodd-Frank is unlikely but the Committee will seek to pass targeted reforms; the Banking Committee majority leader also sees larger regulatory changes coming mainly from the independent agencies; the outlook means the Financial Choice Act led by House Financial Services Committee Chairman Jeb Hensarling is also unlikely to be passed in the Senate; "The Choice Act is our omnibus legislation, but we will also reintroduce its component bills," says Hensarling; a previous executive order from President Trump which halts new federal regulations or requires regulators to repeal two rules for every new one issued is also slowing the regulatory process. Source
Ron Shevlin, writing for Forbes has compiled a list of fintech companies which are extending free, discounted or accelerated deployment...
There have been a lot of executives recently who have expressed their opinions about cryptocurrencies; while many people agree that the technology behind bitcoin has huge potential, there are a wide variety of opinions about cryptocurrencies; Lend Academy shares quotes from Jamie Dimon (JP Morgan), Larry Fink (Blackrock), Mike Novogratz (Galaxy Digital Assets Fund), James Gorman (Morgan Stanley),Axel Weber (UBS), Christine Lagarde (Head of the International Monetary Fund) and Lloyd Blankfein (Goldman Sachs). Source
The Global Digital Asset Exchange or GDAX is looking to list initial coin offerings that have thus far shown some level of success; the exchange has started too come under pressure to increase listings as investor interest in ICOs continues to stay red hot; as they try to meet demand they also want to be sure to not list too many and end up having startups that don’t deliver; GDAX is looking for track record of success, real world implementation and helps to create an open financial system. Source.