We often hear about all of the applications of blockchain technology in financial services, but there are very few solutions...
In this conversation, we chat with Adam Hughes – the Chief Executive Officer at Amount, a technology company focused on accelerating the world’s transition to digital financial services via its digital retail banking platform, world-class digital authentication & fraud prevention tools, and ecommerce point-of-sale financing technology.
More specifically, we touch on digital lending industry Buy Now Pay Later (BNPL), as well as the trends of working with large banks and enabling their digital transformation to access some of these themes as part of embedded finance and banking-as-a-service.
There is likely no one alive who has witnessed this level of economic disruption in this country in such a...
In this week’s PeerIQ Industry Update they cover the drop in unemployment to 3.8 percent and the rise in hourly...
This week’s PeerIQ Industry Update covers the upwards revision of U.S. GDP growth to 2.9 percent from 2.5 percent; they provide a sneak peek into the PeerIQ Credit Facility Management Suite; Prosper announced 2017 results, former Avant founder John Sun raised $15mn for a new startup and the Arizona AG helped start the first fintech sandbox in a U.S. state in Arizona; Citi is building out their mobile app as the push by incumbent banks into digital becomes bigger. Source.
In an engaging LendIt Fintech Digital session yesterday several leading consumer lenders discussed how they have adapted to the crisis...
Avant will pay $3.85 million to settle with the Federal Trade Commission for allegations that it misled customers who were...
Kroll Bond Rating Agency has assigned ratings for Avant's most recent securitization deal; the portfolio includes three tranches of consumer notes valued at $192.6 million; ratings for each of the three tranches are included in the chart above and range from A- to BB. Source
In an interview on CNBC last week Goldman Sachs CEO Lloyd Blankfein shared some news about their consumer lending platform....
The rallying cry of the online lending industry has been to eliminate high cost credit card debt. And while tens...