The Financial Stability Oversight Council's annual report includes a section discussing the risks of marketplace lending. Source
The National Basketball Association is preparing for its 75th anniversary on Tuesday. But it also increased its presence in the cryptocurrency space as it braces for the future.
Remittances have always been extremely important to a certain segment of the economy and the process has been dominated by...
As Europe moves to open banking the US begins testing principles of data sharing between banks and fintechs. Source
Karen Webster of PYMNTS.com writes that Facebook’s new global crypto-based payments system, dubbed Project Libra, is reminiscent of a failed...
Quicken Loans parent company, Rocket Companies, filed their paperwork to go public on the NYSE and will likely price before...
Cognito CEO Alain Meier said the soaring demand for such checks results from more people moving more aspects of their financial lives online.
The Biden administration’s “whole of government” approach to crypto may not be an improvement to the current patchwork of rules.
The Bank of Montreal, Caixabank, Erste Bank and Commerzbank join the Batavia blockchain project; the project was launched by UBS and IBM last year; Batavia looks to transform the trade finance industry; Marie Wieck, general manager of the blockchain team at IBM, tells the FT, “there is now a shift from technology projects to more of what I’d call ecosystem projects like this one.” Source.
Even before the pandemic, mortgage originations were trending downward. Originations are expected to decrease in 2020 to $1.1 trillion, down...