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FintechNews RoundupUSA
·Feb. 5, 2020

FTC Files Charges Against LendEDU

LendEDU is a website that claimed to be a place for users to offer objective reviews of lenders; according to...
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FintechNews RoundupUSA
·Feb. 5, 2020

Kabbage Offering Extremely Short Duration Loans from Three to Forty-Five Days

Kabbage’s latest product offering is available for Kabbage Payments customers; loans are available for as short as 3 days and...
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FintechNews RoundupUSA
·Feb. 5, 2020

Plaid CEO Opens Up on Customer Data and Privacy

Plaid CEO Zach Perret is in favor of banks allowing customers to have control over access of their data; Plaid...
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FintechNews RoundupUSA
·Feb. 5, 2020

The Fintech Revolution is Just Getting Started

Revolut CEO Nikolay Storonsky says that fintech is just getting started and the best is yet to come; “Fintech is...
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FintechNews RoundupUSA
·Feb. 6, 2020

Cambridge Centre for Alternative Finance Releases Report on AI in Financial Services

The Cambridge Centre for Alternative Finance is a leading provider of research and reports on fintech across the globe; their...
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FintechNews RoundupUSA
·Feb. 6, 2020

Schwab Executives Provide Insight into TD Ameritrade Deal and Future of Market

Charles Schwab’s CEO, COO and Head of Adviser Services presented details to analysts on how the TD Ameritrade merger is...
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FintechNews RoundupUSA
·Feb. 6, 2020

Democrats are Split on Interest Rate Cap Bill

There has long be rumors that there was a split amongst democrats over whether extending the 36 percent rate cap...
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FintechNews RoundupUSA
·Feb. 6, 2020

Borrowers From Certain Types of Colleges May be Paying Higher Rates to Refinance Student Loans

The Student Borrower Protection Center released a report which digs into how education data in underwriting may be causing educational...
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FintechNews RoundupUSA
·Feb. 6, 2020

Amount Raising New Round, Potential IPO in 2021

We were already aware of Avant’s spinoff called Amount which provides various technology solutions to banks; Amount is now raising...
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FintechNews RoundupUSA
·Feb. 6, 2020

Challenger Banks Continue the Lending Push

Challenger banks doubled their lending operations to $150bn in 2019 from 2012/13 as they push further into traditional banking lines...
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