After avoiding section 1033 of Dodd-Frank for 12 years, in October the CFPB announced proposals for action. Plaid now offers their advice.
Plaid has made upgrades to their Auth product so they can cover all banks and credit unions in the U.S.;...
CEO Tom Burnside from LendingPoint provides his insight on how to be successful in the online lending business in this featured blog post; gives five factors for success; Tom Burnside is optimistic about the industry's growth and potential as well as the success of LendingPoint; in 2016, LendingPoint gained steadily as it continued to focus on providing credit for underserved consumers through fair credit underwriting. Sponsored Blog Post
Even amid the economic turmoil that is today’s world deals are getting done; Plastiq, a company that allows customers to...
The Plug and Play Tech Center in Silicon Valley has created a program to connect 30 of the largest insurance companies with insurtech startups; these insurance companies are seeking insurtech innovation for improving user experience, risk assessment and underwriting, prevention of loss and cost reduction; additionally, large insurance companies are reporting that they seek access to a range of innovative solutions across all industries. Source
PNC Financial Services Group is looking to launch a national consumer lending product through their mobile app and new branches; they plan to launch into new markets with branches in Minneapolis, Dallas, Kansan City and more; “We're going there to be there with our full-service capabilities, patiently banking the clients that we ultimately want to bank,” Chairman and CEO William Demchak said this week; the new plans will take place in 2018. Source.
This week has been launch week for LendIt Fintech Digital, our new year round community of fintech enthusiasts; the latest...
Leading point of sale financing firm Affirm recently partnered with Walmart and the nation’s largest bank, JPMorgan Chase, just released...
Real estate fintech Point has closed a $22 million Series B led by Prudential Financial and DAG Ventures; they also...
Rebecca Lynn is a managing partner at Canvas Ventures and was also an early investor in LendingClub; she is leading...