While most companies are trying to conserve cash and figure out how they can make it to the other side,...
Banks are feeling the hurt like everyone else and they need to operate in a new reality; many have started...
Many Americans are taking a new look at their personal finances and are increasingly looking to popular fintech applications; Chime...
Scott Stewart is the CEO of the Innovative Lending Platform Association or ILPA; ILPA members include many of the large...
Revolut has launched a brand new app called Revolut Junior; it is a personal finance app for those between 7-17...
Business Insider provides their perspective on SoFi’s $500 million funding round that was announced this week; the personal finance space...
This week’s PeerIQ Industry Update covers the great jobs report as nonfarm payrolls rose by 313,000 in February which caused the Nasdaq to hit an all-time high; CommonBond saw their first AAA rating by Moody’s and KBRA rated the senior bonds for OneMain’s latest deal at AAA, AA and A; PeerIQ also took a deep dive into the recent Amazon checking account news; they cover the benefits of the partnership, the significance of the deal and who might be next to enter the space. Source.
The US Department of Justice has approved the real-time Payments network after a yearlong antitrust review; the Clearing House, a consortium of the biggest banks in the US, was pleased by the news as they plan to launch their leading system later this year; this is seen as a step in the right direction of helping to modernize the US payments system. Source.
In this week’s PeerIQ Industry Update they cover the slowing of the economy in Q4 which came in with a...
World Fintech Day just passed and it allowed for reflection on how much fintech has disrupted traditional finance to date;...