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.
Goldman Sachs Comes to the App Store from The Wall Street Journal – Goldman Sachs continues their push into retail banking with the acquisition of mobile app Clarity Money.
Inside a Kabbagehead from Banking Exchange – Good piece on Kabbage CEO Rob Frohwein’s LendIt Fintech USA 2018 keynote from last week talking about how online lending platforms need to evolve.
How US banks are preparing for the GDPR from Tearsheet – While GDPR is a European Union regulation any US company with EU customers will have to comply by May 25.
How fintech lenders give mortgage borrowers an edge from MarketWatch – The National Bureau of Economic Research released a report on mortgage lending this week looking at the impact fintech platforms have had on the mortgage process.
CFO Usama Ashraf Talks Borrowing and Investing with Prosper from LendEDU – Interesting Q&A with the CFO of Prosper on why he decided to move from a traditional bank (USAA) to a leading fintech platform.
This fintech partnership could serve as template for small banks from American Banker – The partnership between New Resource Bank and P2Bi is a very interesting one. American Banker delves into this partnership and what it might mean for other community banks.
Mid-sized P2P platforms taking bigger market share from P2P Finance News – In the UK the largest online lending platforms are showing slower growth than the mid-sized platforms. [Read more…]