Beyond the CFPB Principles: What’s to Come in Consumer Data Sharing

  On October 18, the Consumer Financial Protection Bureau (CFPB) issued a set of principles on consumer-authorized data sharing and aggregation intended to safeguard consumer interest as the data sharing market continues to develop in the US. As a financial data company providing account aggregation,… Read More

Zürcher Kantonalbank Switzerland’s largest Cantonal Bank Joins F10 Fintech Startup Accelerator

F10,  one of the leading Fintech accelerators and incubators in Switzerland, has added Zürcher Kantonalbank, Switzerland’s largest cantonal bank as a corporate member. Remo Schmidli, Head of Multichannel Management at Zürcher Kantonalbank, said the move will see their bank gain access to the Fintech startups passing through… Read More

China: WeiyangX Fintech Review

A Unified Credit Rating System is On the Way People’s Bank of China, China’s central bank, has made plans to launch a united platform by the end of 2017 for collecting personal credit information and assessing people’s credit ratings. Setting up this platform means the… Read More

Orchard Platform Initiates Analysis: Severe Weather’s Effect on U.S. Unsecured Consumer Lending Industry

That this past hurricane season wreaked economic havoc on metropolitan Houston, southern Texas, Louisiana, southern Georgia and Florida is not surprising (Hurricane Maria’s effects on Puerto Rico were not covered in this analysis); in a recent blog, Orchard Platform posted initial research how much Hurricanes Harvey… Read More

Kabbage Announces New $200 Million Asset-Backed Revolving Credit Facility With Global Financial Institution Credit Suisse

Kabbage Inc., a global financial services, technology and data platform serving small businesses, announced on Thursday its new $200 million asset-backed revolving credit facility with Credit Suisse, a global financial institution. This news comes less than a month after Kabbage announced it and ING were extending… Read More

Innovate Finance Releases 2017 Women in Fintech Powerlist

Innovate Finance, the membership organization that represents the UK’s global FinTech community, announced on Thursday it published its 2017 Women FinTech Powerlist. The initiative is a celebration of the achievements and talent of women across the FinTech ecosystem as they continue to play a crucial role… Read More

WorldRemit Teams Up with Arsenal as Official Online Money Transfer Partner: GOAALLLLL!

WorldRemit has become the first Official Online Money Transfer Partner of the Premier League club, Arsenal. The digital money transfer business, formed by a UK-based entrepreneur from Somaliland, has joined forces with Arsenal to accelerate the company’s growth and help more people save money on… Read More

Chinese Fintech Jianpu Sees Rise in Shares Following U.S. IPO Debut

Jianpu, a unit of Chinese fintech company Rong360 Inc, announced on Thursday the launch of its initial public offering of 22,500,000 American depositary shares (“ADSs”) at a price to the public of US$8.00per ADS for a total offering size of US$180 million. According to Nasdaq, the company experienced a… Read More

Singapore Says $2 Billion in Funding Available for Fintech Startups via FinTech Festival Investor Summit

The Monetary Authority of Singapore (MAS) is reporting that up to USD $2 billion was made available to Fintech startups at the annual Singapore FinTech Festival Investor Summit.  MAS reports that 1000 attendees, including entrepreneurs and investors, participated in the “Deal Day” at the finale. … Read More

NFCA’s VanFUNDING 2017 to Bring More Than 50 Leading Blockchain, Fintech, & Capital Innovation Experts to Vancouver Last Weekend of November

National Crowdfunding Association of Canada (NFCA)’s VanFUNDING, a West Coast event that’s dedicated to connecting people to partnerships, investment, and business opportunities, announced on Wednesday it is bringing its 2017 Blockchain, Fintech, Funding Conference and RegTech Hackathon to Vancouver on November 28th at the Morris… Read More