The entrepreneurial life is not for the faint of heart. The journey is fraught with challenges and unforeseen obstacles are...
Writing an op-ed in American Banker Jennifer Tescher, CEO of the Financial Health Network, says banks have a responsibility to...
Yesterday, LendingClub shared that they were laying off 460 people, accounting for 30% of their workforce; the cuts were across...
Many customers want to improve their risk profile while offering decisions to their customers quickly; Join us for the webinar...
With Credit Karma in the news this week, we thought we would revisit a keynote given by CEO Ken Lin...
Early data coming out of China shows an increase of loans that are past due; According to Bloomberg, overdue credit-card...
The long awaited consumer lending platform from Goldman Sachs, called Marcus, has launched today. We have written about the Goldman...
There are still funding rounds getting done during the pandemic, evenly solidly up rounds; Renaud Laplanche’s Upgrade has just closed...
This week, the Consultative Group to Assist the Poor (CGAP) proposes improvements to the loosely-regulated fintech sector in sub-Saharan Africa, particularly Kenya; CGAP is a global partnership of 34 leading organizations advancing financial inclusion; they note fintech companies may inappropriately publicize a borrower's personal information if they default on a loan, and others may sweep a user's social media data with minimal notice to the consumer; a key step, by law and proactive process, is to rigorously include all fintech platforms under existing laws for lenders in Kenya. Source
[Editor’s note: This article was written for our Chinese audience and will be translated into Mandarin and released with...