Square has unveiled a fully fledged online storefront for its sellers signifying its first major foray into e-commerce; until now...
IRA Financial Group, a New York provider of retirement plan solutions, is offering a self-directed IRA for P2P loan investors; the firm has designed the IRA for P2P lending; loan investments in the self-directed IRA would be tax deferred. Source
Chime CEO Chris Britt said the digital bank has surpassed 4 million customers, up from 1 million at this time...
The Co-founder and Head of Business Development at SALT Lending introduces us to the world of asset-backed cryptocurrency lending. Source
JPMorgan Chase is the only U.S. bank with scalable businesses in every payments vertical; the bank has been investing and partnering heavily the last few years into payments innovation; they see checking accounts as checking and payments accounts; they have made moves into digital wallets, p2p payments, order and pay ahead apps and recently partnered to allow customers to send an receive electronic payments and invoices; the bank sees payments and banking as one in the same and with the recent news of their heavy tech investment for 2018 more innovation looks to be on the way. Source.
American Banker shares their takeaways from their recent conference after hearing from a wide variety of thought leaders in fintech; takeaways include: mobile and mortgages go together, don’t count out banks, the need for simplicity is paramount, small businesses care about digital too and the fintech charter is meh. Source
A new study by J.D. Power says midsize banks should be using email a lot more when communicating with customers;...
Klarna is a well known fintech company in the buy now, pay later space; Ant Financial now has reportedly taken...
Ron Shevlin takes a deep dive into the new small business lending partnership announced last week between Amazon and Goldman...
LendUp aims to improve the financial health of their customers through various products and initiatives; the interview covers a wide variety of topics including the subprime customer in the US, who they lend to today, their 2018 plans, their proprietary technology and more. Source