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USA

FintechNews RoundupUSA
·Feb. 4, 2020

Goldman Sachs May Power Future of Lending at Amazon

Amazon has been in the lending business since 2011; after growing quite significantly from 2015 to 2016 they have more...
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FintechNews RoundupUSA
·Feb. 6, 2018

Lend Academy Article: StreetShares’ Unique Focus Gives Them an Edge in the Small Business Lending Market

The only online lender focused on veteran-owned businesses has found a recipe for success. Source

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FintechUSA
·Jun. 12, 2020

The Pandemic Has Made a Digital Dollar Seem Inevitable

When Libra was announced last year it was met with significant pushback, particularly in Europe; today, the European Union has...
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EuropeFintechNews RoundupUSA
·Feb. 20, 2019

Announcements & Releases for February 20, 2019

A buyer’s guide to data aggregation Why Freelance Workers Should Be The First To Adopt Blockchain The Biggest Threat To...
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FintechNews RoundupUSA
·Mar. 6, 2020

The Argument For and Against a National Interest Rate Cap

The states have taken the lead when it comes to interest rate caps with 32 states capping APR at 36%;...
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FintechNews RoundupUSA
·May. 30, 2019

Vanguard Leveraging Blockchain to Pull Index Fund Data

Forbes reports that Vanguard is leveraging blockchain technology to ingest data on mutual funds totaling $1.3 trillion of their $5.2...
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FintechNews RoundupUSA
·Apr. 7, 2020

Plaid Looks to Speed Emergency Loan Approvals

One of the main challenges with the emergency loan process is access to payroll data; small businesses across the country...
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FintechNews RoundupUSA
·Feb. 28, 2018

Goldman Sachs’ Push into Consumer Finance

The WSJ reviews Goldman’s push into consumer finance; the company first started offering loans under the Marcus brand which is the new branding for their savings account; Goldman has higher aspirations though with more initiatives in point of sale, wealth management, budgeting tools, insurance, mortgages and car loans; the company is also working with Fortune 500 companies to offer bank accounts as an employee perk; beyond their internal efforts they have also been active in acquiring fintech companies. Source

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FintechNews RoundupUSA
·Mar. 27, 2019

Expanding Access to Credit in the Land of New “Halves”

This is a post from Sasha Orloff who co-founded LendUp and Mission Lane and previously was Senior Vice President at...
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FintechNews RoundupUSA
·Jan. 24, 2018

Stripe Ends Program that Accepted Bitcoin as a Payment

Citing low usage numbers by customers and retailers the payments company says they will end all bitcoin related payments by April 23rd; "Empirically, there are fewer and fewer use cases for which accepting or paying with Bitcoin makes sense," Stripe product manager Tom Karlo wrote in the announcement reported by Business Insider; the volatility of price and mining fees also played into the decision by Stripe and has been cited by others as an issue that needs be be addressed. Source.

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