The company securitized $2.6 billion in Q1 2018, representing a 35% increase over the prior year period; three transactions took place, two student loan deals and one consumer loan deal; medical residency loans were included for the first time in SoFi 2018-B Notes; SoFi is a top-ten ABS sponsor, coming in at seventh. Source
Business Insider takes a look at the worldwide regulations surrounding the emerging Cryptocurrency market; in addition to cryptocurrencies they also take a deeper look at the regulatory structure beginning to be built around blockchain technology; regions covered include the US, Europe, China and more. Source.
Today Apple officially revealed the Apple Card which is made possible through Goldman Sachs; users will be able to sign...
The OCC released data sharing guidelines that have been met with mixed reviews, especially amongst fintechs and data aggregators; “I...
Venmo currently accounts for about 39 percent of PayPal’s digital p2p payments business; PayPal and Venmo only charge users a fee when they use their credit cards, though Venmo has started to diversify their offerings to help PayPal’s bottom line; Venmo has expanded Pay with Venmo and started a instant cashout service which both have fees associated with them; they have seen fast adoption with both and the hopes are that a breakthrough year is coming soon. Source.
The former head of the Small Business Administration and current Senior Fellow at Harvard talks about her new book and...
The markets for cryptocurrencies and blockchain technologies has taken many different turns in the last few years; regulators have certainly...
On the heels of the Ant Financial IPO news earlier this week leading Chinese online wealth management platform Lufax is...
One of the leading fintechs in small business lending has partnered with the online banking platform Azlo; through the partnership,...
Infutor has released a new white paper titled, “Increasing Speed to Lead for Mortgage Marketers” that provides key insights into...