In our latest guest post Jorrit van Rijswijk of Dynamic Credit digs into all of the European SME support programs...
An Post has teamed up with European open banking platform Tink, to bring new money management services to its customers.
Inter-bank payments platform Swift says it is a step closer to adopting blockchain; a project that could potentially move member bank accounts to the blockchain and provide for real time reconciliation is now ready for its next phase; the project is focused on dormant funds held in various currencies supporting transactions. Source
In a LinkedIn post, Sukhwinder Shoker provides insight into MarketInvoice's loan book which the company shares publicly; analysis includes data on originations and advance rates, invoice terms, risk-price grade, gross discount rates, diversification and net returns; according to Shoker's analysis, the average monthly net return achieved since January 2012 by investors before fees and tax is 50 basis points. Source
P2P ISAs launched one year ago and have now been introduced by eight P2P platforms; industry participants are slightly disappointed by the offerings which have not gained significant traction; the slow start appears to be a factor of the platforms authorized, with the largest P2P platforms still awaiting authorization; it seems the lack of authorization for the region's largest platforms is delaying interest in the investment accounts from both individual investors and financial advisers. Source
Andreessen Horowitz completed one of the largest fundraising campaigns in VC Friday - a whopping $9B raise to invest across its various funds.
Ally Financial Teams Up With Better.com to Create End-to-End Digital Mortgage Experience Bankin’ Raises €20M in Series B Funding As...
Big Banks vs. Silicon Valley Startups – Whose Customer Financial Data Is It Anyway? Mixed Bank Earnings; PeerIQ’s Modeling Archive...
After the Bust, Are Bitcoins More Like Tulip Mania or the Internet? Google’s Ulku Rowe on how innovative financial services...
CFPB to give more information to firms under investigation The head of Credit Suisse’s blockchain efforts said culture is the...