Join LendIt for a webinar about blockchain technology and how it can streamline operations for wealth managers and insurance back office operations; register here for the August 14 webinar at 2:00 PM EST; presenters include Jayant Khadilkar, global head of analytics and technology at Tiger Risk, and Ryan Rugg, business development at R3. Source
Recently fintechs have been allowed to participate in providing Paycheck Protection Program loans; in some cases fintechs are working by...
Mastercard launched a set of open banking tools through Finicity, enabling b2c transactors to check user accounts before requesting an ACH.
'If you have the right business ball on the right day and in the right situation, there is capital going to certain companies'
Last year’s batch of Chinese IPOs did not perform well and ended up losing almost $1bn worth of shareholder money; there is an expectation that the number of Chinese IPOs will jump 30 percent in 2018; Qudian, one of the biggest from a year ago, has seen their stock plummet by more than 50 percent; expectations and the Chinese government crackdown on online lending has really hurt the prospects of some companies looking to list. Source.
When the government announced the first tranche of funding for the Paycheck Protection Program (PPP) there was a flood of...
Financial Finesse writes about a gap that exists regarding women accruing retirement capital and gaining confidence in personal financial management; causes for the gap versus men include less comfort with traditional means of communicating financial products in-person and online; women (therefore) being more conservative with novel asset classes; as well as women living longer and requiring more savings; the article reports that "the bottom line is that women need to be saving more and at a faster pace than men to meet their retirement income needs."; their survey finds that only 20% of women feel the financial sector "truly hears their needs." Source
This fall's looming student debt crisis will bring the worst environment we've seen in decades. Candidly founder and CEO Laurel Taylor said there's a way out for many, but few people are aware of it.
Digital banking and cloud based banking solutions are seeing a big uptake with the current crisis; Paul Taylor of Thought...
The Unique Identification Authority of India (UIDAI) has refuted the fraudulent release or misuse of India's Aadhaar biometrics data after media reports claimed the release of Aadhaar data involving a private bank, its business correspondence agency and an e-sign agency; the UIDAI reports that an attempt was made to access data but internal security systems prevented the data's release; the incident exemplifies the strict security surrounding the use of Aadhaar data in India. Source