Lyft has announced a set of tools to better serve their drivers; the incentives include bank accounts, debit cards as...
Goldman Sachs CEO David Solomon told a group of 200 Marcus employees that the company is not getting the credit...
Mission based digital banking startup Varo Money secured their second significant round of the last two years by raising $45mn; investors in the round include The Rise Fund, led by U2 ‘s lead singer Bono, and Warburg Pincus who also helped to lead their first round; Varo applied for a national bank charter in July and plans to use the money for hiring, product development and marketing. Source.
YieldStreet is a unique fintech company in the US, providing access to unique investment opportunities such as litigation finance, marine...
Much has been written about machine learning and the impact it will have on the future of finance. But when...
In this week’s PeerIQ Industry Update they cover the continued strength in the economy which grew by 2.6 percent in...
Last August Google announced a crackdown on short term lending apps offered on its Android platform; but it appears to...
One of the biggest impediments to using AI to lend is that credit decisions are made in a black box...
Experienced fintech expert, John Sculley talked about investment opportunities he sees in the market at LendIt USA; former president of Pepsi and former CEO at Apple, Sculley says he is interested in transformative opportunities; in the fintech sector, Sculley recently joined the board of directors at Lantern Credit after becoming an investor; Lantern Credit is positioned to provide transformative technology with machine-learning services for financial institutions that allows for a broader assessment of a borrower's creditworthiness. Source
Through the partnership, the firm hopes to provide more personalization to their over 270,000 users; both portfolios were vetted by Betterment to ensure quality and affordability standards; Dan Egan, director of behavioral finance investments at Betterment stated, “We wanted to get these strategies out to our clients as quickly as possible, rather than build them out ourselves.” Source