During the week I share the latest marketplace lending news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here.
Weekly Industry Update: A Comparison of Funding & Liquidity Sources from PeerIQ – This week PeerIQ digs into the non-bank lenders funding mix and liquidity sources.
Ex-Barclays CEO Antony Jenkins: We’re ‘beginning to see some Uber moments’ in finance from Business Insider – Antony Jenkins, ex-CEO of Barclays, on the rapid changes he predicted would happen in finance.
Personal loan applications surge as credit cards wane from The Sydney Morning Herald – Down under consumers are opting for more personal loans over credit cards.
Online lender SoFi has a new $105 million fund for yield-hungry investors from CNBC – The SoFi Prime Income Fund is a new $105M fund the company just launched.
P2P-Banking Launches Database to Enable Investors to Compare IFISA Providers Easily from P2P-Banking – There are many IFISA providers in the UK now, P2P-Banking has created a comparison database for investors.
Updated Orchard Index Points to Needed Improvements for U.S. Consumer Online Lending from Orchard – A must read from Bill Ullman of Orchard on past returns and what the industry needs to focus on in 2017.
Lloyds Bank tests biometric authentication from Microsoft from Computer Weekly – Lloyds Bank is running a pilot with Microsoft to allow fingerprint or facial recognition for online account access. [Read more…]