Federal banking regulators issued a cloud security reminder as most banks have shifted their employees to work from home mode;...
While speaking on a panel at Money 20/20 former and current regulators talked about the different approaches to fintech regulations; the Financial Conduct Authority recently released a report showing the UK approach has helped get new ideas into the market and seen companies get access to much needed capital; the US on the other had has seen federal and state regulators argue over proposed charters; there could be a lot the US can learn from the current UK program. Source.
JPMorgan Chase co-COO Gordon Smith spoke at a conference hosted by Bernstein Strategic Decisions Conference where he discussed the bank’s...
The Wall Street Journal reports on publicly listed funds that will purchase marketplace lending loans; the new funds are setup as interval funds and will open access to investors who might not otherwise consider investing in loans made by marketplace lenders; article highlights fees and minimums of offerings by RiverNorth and Stone Ridge. Source
Plaid CEO Zach Perret is in favor of banks allowing customers to have control over access of their data; Plaid...
Technology investments at big banks like Goldman Sachs will take time to pay off; CEO David Solomon speaking at the...
Payments companies around the globe have been issuing warnings that their businesses will take a big hit in the coming...
An in depth piece in The Financial Brand focuses on the new bank account offering from T-Mobile; called T-Mobile Money...
There were many great presentations at LendIt Fintech USA 2019 in San Francisco last week; we just published a blog...
Online auto insurance company, EverQuote, has raised $23 million in Series B funding; the funding is part of a pre-IPO plan to provide liquidity to its founders and employees; the firm will also use the funding to hire 120 employees focused on sales and data; plans also include directly selling insurance on the platform with the use of proprietary data from the firm's app, EverDrive. Source