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USA

·Aug. 14, 2017

Jack Dorsey Discusses Blockchain in Recent Interview

Dorsey was recently interviewed at the Computer History Museum in Mountain View; Dorsey is bullish on the future of blockchain describing it as the "next big unlock"; believes that people need to be thoughtful in the applications of blockchain, focusing on what are the best applications of the technology; also discusses bitcoin and how it is beginning to reach more people. Source

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Fintech USA

·Jul. 15, 2020

Google Cloud Adds Data Encryption Layer

Google Cloud has added a new security layer to their cloud offering to better protect customer data. Confidential Virtual Machines,...

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Fintech News Roundup USA

·Jan. 22, 2018

Bank Earnings, Securitization News and More New Hires

In this week’s PeerIQ Weekly Update the company covers the recent spate of bank earning reports, securitization news and issues another round of hiring updates; banks have seen a continued drop in fixed income and commodities trading revenue, picking up the slack has been lending and wealth management; Citigroup and Morgan Stanley had strong reports while Goldman Sachs and American Express missed the mark; SoFi is issuing a $720mn securitization deal, Moody’s rated the A classes AAA; PeerIQ also lists five new hires stemming from the $12mn round last summer. Source.

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Fintech News Roundup USA

·Apr. 29, 2020

Video Banking Becoming a Must Have for Banks

Video banking and interactive teller machines are moving from a nice to have to a must have in the current...

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Fintech News Roundup USA

·Feb. 15, 2018

Lend Academy Article: Bipartisan “Madden Fix” Bill Passes the House

The Protecting Consumers’ Access to Credit Act of 2017 was passed by the US House of Representatives. Source

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Fintech News Roundup USA

·Apr. 21, 2020

Getting PPP Loans to the Smallest Small Businesses

John Pitts is policy lead for Plaid and has been critical of the Paycheck Protection Program; beyond the challenges of...

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News Roundup Online Lending USA

·Jan. 3, 2017

Prospect Marketplace Lending Corp. Files Form 40-APP for Multiple Share Classes

In October 2016, Prospect Marketplace Lending Corp. filed an N-8A and an N-2 indicating the company's investment status and plans for managing a closed-end fund investing 80% of the assets in marketplace lending investments; the firm has now filed a Form 40-APP; the Form 40-APP requests permission to offer multiple share classes, each with its own fee and expense structure. Source

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Fintech News Roundup USA

·Aug. 31, 2017

Fundrise Income eREIT Re-Opens for Investment

The Fundrise Income eREIT previously sold out and was closed to new investors; the platform has re-opened the Income eREIT and requires minimum investment of $1,000; the Income eREIT is focused on investments in real estate debt and has posted a 10.5% annualized dividend yield. Source

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Fintech News Roundup USA

·Apr. 6, 2020