The CEO of Citi Fintech shares how a big global bank is reinventing not just itself but banking as a...
Real estate crowdfunder, Fundrise, has made its investment division into an independent company, RSE Capital Partners; the goal was to separate and focus on the two functions of capital raising - via Fundrise with its eReit platform - and capital providing to real estate projects; RSE will focus on financing real estate deals from $20 million to $100 million, while they examine ways to make terms more flexible. Source
ThreatMetrix is a provider of online fraud prevention services and authentication; using rules based technology they allow clients to customize risk factors for identity authentication and fraud prevention; in 2016 ThreatMetrix helped its clients prevent $1 billion in fraudulent loan applications; Frank talks about the company's systems, their recent $30 million fundraising from Silicon Valley Bank and what they are working on for the future. Source
When Facebook first launched Libra they laid out a grand plan to help reshape the financial system, that plan is...
With fall approaching there are many conferences to attend for fintech professionals; Lend Academy shares a description of each conference as well as discount codes for attending some of the conferences; list includes FinovateFall, ABS East, OLPI Policy Summit, LendIt Europe 2017, Lend360, Money2020, American Banker's Digital Lending & Investing, AltFi Global Summit, IMN Investors Conference on Marketplace Lending, and Marketplace Lending & Alternative Financing Summit 2017. Source
The Trump administration is looking to potentially name the chair of the National Credit Union Administration to lead the CFPB; J. Mark McWatters has been seen as being a bigger credit union advocate over banks; bankers are concerned because his public record has indicated he lobbies more for breaks that favor credit unions over banks; while a decision is yet to be made bankers are hopeful that the administration will consider those from the banking community as well. Source.
NEW! LendIt Fintech USA has expanded to a third day filled with six workshops running from 9:00AM - 1:00PM on April 11. Each workshop will be led by expert panelists and will provide training and case study discussions. ConsenSys Academy will be conducting the Blockchain workshop featuring intense learning on this headlining topic. Other workshop themes include Financial AI, Bank Technology, Success Through Diversity, RegTech, and Sales & Marketing. Workshops are available to all registered attendees. Three days away at Moscone in San Francisco. Register here
R3 is an enterprise software firm working with a network of over 300 financial institutions, regulators, trade associations, professional services...
The current crisis has highlighted some of the key areas where banks fall short with their customers; while writing in...
A new report by 11:FS found that small businesses believe fintechs are doing a better job at meeting their needs;...