Most fintech companies are focused on lending, payments, financial management or some kind of back office tech. There are very...
Cleaver stated, “If we fail to act on fintech, we are setting ourselves up for problems down the road. Not because the fintech folks are evil…but because we are behind the curve.”; Cleaver also discussed the importance of understanding what is going on in fintech so the proper safeguards can be put in place; he proposed that fintech companies should speak before the Financial Services Committee and that more meetings should be held. Source
Infinity Eclipse provides a new loan management solution for lenders; it features a user friendly interface for both lenders and customer service representatives; it streamlines data for performance reporting, customer service and accounting; the platform is highly secure and customizable; it's also built for a range of technical integrations and includes digital technology for documentation. Source
Yesterday, Funding Circle announced that they have been approved to provide Paycheck Protection Program loans directly through their online portal;...
Challenger banks have become one of the hottest trends in fintech with companies raising hundreds of millions of dollars all...
The OCC is looking for feedback on whether to launch a program for banks and vendors to test new financial...
The demand for data scientists continues unabated across a broad swatch of industries including financial services. There is so much...
The round was led by Grupo Coppel with participation from FirstMark Capital, Revolution Ventures and Colchis Capital; INSIKT has facilitated 125,000 loans over the course of three years; their white-label product provides an alternative to payday loans and is currently used by 600 banks and credit unions; funds will be used to expand to new states and internationally. Source
The complaint was filed on Thursday with the story echoing similar stories that have been published in the last few weeks; the lawsuit is one of at least three filed against the company. Source
It was recently reported that JPMorgan Chase was entering the POS financing market; their entrance comes at a time when...