During the week I share the latest marketplace lending and fintech 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. Google and PayPal explored OCC’s fintech charter, then walked away from American Banker – This is a bit […]
Today’s News
- Why JPMorgan’s New Digital Bank in the UK is a Big DealWe reported earlier this week on JPMorgan’s secret digital banking project underway in London; this news comes soon after the announcement that their US digital banking offering, Finn, would be shutting down; it could be that JPMorgan has seen Goldman Sachs’ success with their Marcus brand in the UK, $8 billion and 250,000 customers in […]
- Plaid Announces Investments Product Through QuovoPlaid acquired competitor Quovo earlier this year and has just announced their first offering through the company, Investments; the new API will allow customers to pull investment data into their apps; “I think that the origins of the product comes from a company that I co-founded and also broader demand that Plaid has seen in […]
- Small Banks Seek to Get Account Openings Down to 3 MinutesSmall banks have started to improve their digital experience and with this innovation comes a new set of issues; small banks are finding issues with fraud and length of time it takes for an account to open; on-boarding was a key theme at American Banker’s Digital Banking Conference in Austin; smaller banks are in search […]
LATEST PODCASTS
Podcast 204: Husayn Kassai of Onfido
The current system of identity verification is broken. With so many data breaches happening today most of our personal information is readily available on the dark web. We can no longer truly rely on any personal information as a way to verify identity. A completely new system is needed. Our next guest on the Lend […]
Podcast 203: Viola Llewellyn of Ovamba
There is an interesting juxtaposition in Africa. On the one hand you have incredibly successful mobile payment initiatives like M-Pesa in Kenya and Paga in Nigeria. On the other hand you have most of the 1.1 billion people that are incredibly underserved when it comes to financial services. Small business funding may be one of […]
Podcast 202: Giles Andrews, Fintech Pioneer
Before there was such a thing as fintech, before peer to peer lending was invented, a group of young executives had the crazy idea to start an eBay for money in the UK. Originally named Rialto (a bridge linking two market squares in Venice) the company that would become Zopa needed to raise some money […]