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EuropeFintechUSA
·Jul. 16, 2020

AWS and HSBC Reach Global Cloud Banking Partnership

As part of a multi-year, global agreement, HSBC will make AWS technology available across the bank’s lines of business, starting...
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B2B BNPL
Fintech
·Feb. 2, 2023

B2B BNPL: Where does this leave banks?

This year has already seen some major shifts in focus for the BNPL market- should banks be concerned about the B2B focus?
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FintechNews RoundupUSA
·Jan. 2, 2019

B2B New Focus for Visa, Mastercard, Amex

Card conglomerates, including Visa, Mastercard and American Express, grabbed multiple headlines in 2018 centered on their adoption of commercial cards as well...
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News RoundupOnline LendingUSA
·Aug. 11, 2017

Back on Track: Viewpoints from the Large Consumer Lenders

In 2016 the online consumer lenders had an unexpected downturn; platforms experienced a capital markets crunch as well as concerns over credit quality; this panel with some of the largest consumer online lenders explores their expected growth going forward; despite the pullback, the major lenders continued to underwrite a significant amount of loans and believe growth for their businesses will return albeit in a more measured way; panelists discuss changing platform strategies and the focus on profitability. Source

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FintechNews RoundupUSA
·Mar. 15, 2019

Bad Conduct by Employees Has Become a Big Risk in Financial Services

In an op-ed in American Banker the CEO and Founder of Promontory Financial Group, Eugene Ludwig, talks about the growing...
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FintechNews RoundupUSA
·Mar. 17, 2020

Bakkt Raises $300mn Series B from Microsoft and PayU

Digital asset services fintech Bakkt has raised a $300mn series B from Microsoft’s venture capital arm M12 and fintech PayU;...
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FintechNews RoundupUSA
·Apr. 29, 2020

Banco Santander Majority Owner of Ebury

Ebury is a payments platform which is now 50.1% owned by Banco Santander; the bank paid $453 million; Ebury’s platform...
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FintechUSA
·Jun. 24, 2020

Bank Associations Renew Opposition to Rakuten’s New ILC Charter Application

Japanese e-commerce giant Rakuten first applied for an ILC charter last year before withdrawing the filing and refiling this May;...
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FintechNews RoundupUSA
·Apr. 16, 2018

Bank Earnings, LendIt Update and Valuation Report

This week’s PeerIQ Industry Update covers earnings reports from Citi, JPM and Wells Fargo, a review of Lendit Fintech USA 2018 and the latest version of the PeerIQ Valuation Report. Source.

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FintechNews RoundupUSA
·Jan. 22, 2018

Bank Earnings, Securitization News and More New Hires

In this week’s PeerIQ Weekly Update the company covers the recent spate of bank earning reports, securitization news and issues another round of hiring updates; banks have seen a continued drop in fixed income and commodities trading revenue, picking up the slack has been lending and wealth management; Citigroup and Morgan Stanley had strong reports while Goldman Sachs and American Express missed the mark; SoFi is issuing a $720mn securitization deal, Moody’s rated the A classes AAA; PeerIQ also lists five new hires stemming from the $12mn round last summer. Source.

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