CRE loans hit their peak for banks right before the financial crisis in 2007, then prices started to crater by...
Traded on the Australian Securities Exchange buy now pay later leader Afterpay has been on a tear in recent weeks;...
Report from the Federal Reserve explores blockchain for payments, clearing and settlement; paper includes information obtained from interviews with approximately 30 industry stakeholders; says distributed ledger technology could improve processes for payments, clearing and settlement however implementation and adoption of the new technology present challenges. Source
StackSource has launched an online lending platform for commercial real estate; the company provides a marketplace for connecting owners and developers with banks and non-bank lenders for credit financing; the multi-lending platform connects borrowers with lenders through the StackSource proprietary lender database; StackSource was developed from the TechStar accelerator program and was founded by Tim Milazzo. Source
The coronavirus continues to wreak havoc on all areas of the economy; musicians that have relied on live performances for...
The current pandemic has upended the financial services industry more in the last two months than fintech has in the...
Fidelity has launched a new data sharing hub called Akoya in a bid to end screen scraping and clarify data...
Consumers have submitted hundreds of complaints about the p2p payments app because they are unable to sign up or access money that was sent to them; the reason behind the issues is Zelle’s security structure is very similar to that of a bank; if something doesn’t match perfectly or the users bank is outside the Zelle network then its possible they will not be able to sign on; Zelle initially launched inside their bank network only, but in September they launched their stand alone app and thats when the issues began; the company is looking at improving the process but says they will not compromise their security. Source.
The finalists for LendIt Fintech’s 2018 startup competition have been released; BitButter, BlockFi, CreditStacks, Flowcast, Genivity, Narmi, Spacequant and Trusted Key will pitch in front of judges at LendIt Fintech 2018 on April 10 in San Francisco. Source
Former President Bill Clinton famously stated, “The internet should be a place where government makes every effort … not to...