Jane Gladstone was recently named President of Promontory Interfinancial Network and has been at the forefront of fintech since the...
We’ve seen many banks who have launched their own fintech offerings; NatWest with Mettle and Bo is one example and...
AlphaFlow is an investment platform for real estate that allows investors to easily build a diversified portfolio; Sturm shares what platforms they are working with, their due diligence process, the types of loans they invest in, how they’re planning to work with offline hard money lenders and more. Source
The Securities and Exchange Commission fined online lender Prosper late last week for inflating returns to more than 30,000 investors;...
Nominations for the LendItFintech Industry Awards Dinner are now open. The dinner will be held on April 10, 2018 at One Market in San Francisco and the event will celebrate 500+ Fintech influencers and innovations and their outstanding achievements in 21 categories. We encourage fintech companies from around the world to apply for the categories that are the best fit. Source
"Orebits Corp. has created a new asset class, enabled by Symbiont's distributed ledger technology, which will change the precious metals financing marketplace forever," says Scott Mehlman, CEO of Orebits Corp.; through support from Symbiont's blockchain technology, Orebits will offer clients digitized "smart certificates" called "orebits" that are tied to gold reserves setting up a new form of gold trading; additionally the exchange for the new gold orebits will operate based on a peer-to-peer structure; Symbiont reports that the innovation has created a completely new trading alternative for investors to gain exposure to gold and Orebits says the exchange will operate without margins, storage and insurance, creating a considerable advantage over other current methods for investing in gold. Source
The new lender, run by former Funding Circle execs, will offer loans between $5 million and $60 million. Source
Data courtesy of FedFis.com shares that Fiserv has more than 37% market share; Jack Henry has the second highest market share with 17.6%, followed closely by FIS. Source
There are some extremely attractive offers these days from a multitude of digital banks; it has been 10 years since...
U.S. based financial regulators have told the FT that they are currently working on a cross agency approach to strengthen...