LendingClub saw revenue and earnings at the high end of their guidance range but, due to ongoing uncertainty remain reserved with next steps.
R3 is an enterprise software firm working with a network of over 300 financial institutions, regulators, trade associations, professional services...
LendIt’s sister company, NSR Invest, is looking for a new Investment Director who will be responsible for deal execution, deal...
During this time of crisis, with tens of millions of people losing their job in the past three months, LendIt...
'Lili Smart' tracks banking movements, categorising them instantaneously to ease small business accounting.
State Street and the Alternative Investment Management Association have released a report on decreased liquidity in the investment market; approximately half of respondents see less market liquidity as a long-term factor and three-fifths of respondents are considering less trading liquidity in their investment strategies; report cites new market entrants, electronic platforms and peer-to-peer lending as reasons for increased illiquidity in the market overall; report says investors are focusing on three areas to adapt to the shift in market liquidity including rationalizing risk, optimizing for liquidity, and implementing new rules and tools. Source
A London-based financial API provider with a uniquely controversial name, Fidel, has established a New York office to add to...
In an interview with P2P Finance News, Adair Turner cites P2P loan securitizations and other evolving forms of structured credit as high risk, causing a potential "red flashing light" for regulators; speaks of the evolution of the asset class as securitization portfolios from P2P lenders have been increasing in 2016; discusses complex structured investment vehicles as the most high risk specifically those issuing short term debt against longer term holdings. Source
The new year will see significant progress in the loyalty sector and the emergence of an environment where points replace fiat currency.
JPMorgan asset-backed securities (ABS) analysts have highlighted marketplace lending securitizations, noting their growth and trending performance; cite marketplace lending ABS as one of the fastest growing securitization categories, increasing from $3.3 billion in 2013 to $9 billion in 2016; also say performance is better or similar to the broad market's ABS consumer loan securitizations overall with higher returns and lower default rates; additionally, the analysts report that credit characteristics on Avant's securitizations have improved. Source