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Visa, Malaysian Islamic banking association on the lookout for best fintech...
By Sainul Abudheen K for E27.com The competition is open to residents of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam Global payments...
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The Big Flaw Few are Talking About in Fintech
By Lauren Silva Laughlin for Fortune Their business model may need to be changed. Online lending companies were the darlings of the banking business less than a year ago. Now investors—both those who...
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Plastiq lets you pay any bill with your credit or debit card just by snapping...
By Sarah Perez for Techcrunch.com A new iPhone application launching today called Plastiq lets you pay any bill with your credit or debit card just by snapping a photo. The goal with the app is to...
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P2P lending: Does the industry need more than just transparency?
By Harriet Green for City AM “Skin in the game” is an expression thrown around a lot in the P2P industry. Platforms don’t have banking licences and the majority don’t lend off their own balance sheets....
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A card-carrying fan of contactless, I’m now contactless-less – and it’s not fun
By Hannah Jane Parkinson for the Guardian Here is my problem. I have lost my debit card. This might seem like a minor hindrance. I haven’t, say, lost a limb. But I have lost the means to go about my...
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Deals: Lendix grabs $13.5 million to become a leading European P2P lending...
By Romain Dillet for TechCrunch Shortly after acquiring its competitor Finsquare, Lendix is back with more news. The French startup has just raised $13.5 million (€12 million) and now wants to become...
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Lending Startups Hone Their Focus
By Telis Demos for WSJ Venture Capital Silicon Valley once threw money at startups that aimed to disrupt broad swaths of finance. Now it is rewarding those that have sharpened their focus. While...
View ArticleDeals: Payment Startup Zooz Raises $24M
Company: Zooz Inc. Amount invested: $24 million Series/round: Series C, taking total funding to $39.5 million Investors: Target Global Ventures (lead) with Fang Fund, iAngels, Kreos Capital and current...
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Fintech Flip-Flop
By Nisha Gopalan for Bloomberg Business Few words fill banks with more dread these days than fintech, the growing bevy of unregulated upstarts mucking about in their business patch. In China, where...
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Financing your business – should you use P2P lending services or bank loans?
By Yong Heong Tung for e27.com Advancements in the fintech space have opened up new avenues for businesses seeking to raise funding outside of traditional routes Building a business is not an endeavour...
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Three FinTech Developments That Benefit Borrowers
By Rohit Arora for Forbes FinTech firms disrupted the small business credit marketplace by developing technology that streamlined the lending process and sped up the loan-making process to 21st century...
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The mercurial nature of P2P lending
By Mike Lobanov for Techcrunch The meteoric rise of e-lending platforms attracted a lot of interest among investors and entrepreneurs. Lending Club and OnDeck have already become public companies, and...
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China online lending crackdown shutters Guangdong P2P site
By Reuters A large Chinese online lending platform accused of illegal operations has suspended operations, one of hundreds that have been shut this year by the government, as China cleans up a sector...
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Wirecard Singapore and NETS team for terminal payment solution
By Antony Peyton for Banking technology Wirecard Singapore, part of Wirecard Group, and NETS (Network for Electronic Transfers {Singapore}) have partnered to provide a single terminal payment solution...
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China online lending crackdown shutters Guangdong P2P site
By Reuters A large Chinese online lending platform accused of illegal operations has suspended operations, one of hundreds that have been shut this year by the government, as China cleans up a sector...
View ArticleShort term lending – A pink Slip
By the Economist “WHAT rate of interest…can naturally be more proper than another?” asked Jeremy Bentham in “Defence of Usury” in 1787. Anything less than 36%, answer American activists who want to...
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Welcome to a cashless future where retailers recognise our faces
By Jon Card For the Telegraph The world of payments is changing rapidly, with some businesses already cashless – but for many consumers, it’s all too much The coming years will see many changes in how...
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Latest threat to online lenders: ‘stacking’ of multiple loans
By HEATHER SOMERVILLE, OLIVIA ORAN AND JOY WILTERMUTH for Reuters Many online lenders have failed to detect the “stacking” of multiple loans by borrowers who slip through their automated underwriting...
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Boom, bubble or bust for fintech?
by Howard Lindzon for Techcrunch.com The term “fintech” has become all the rage; investors and media can’t stop talking about it. Many people also have been talking about the “bubble” in the tech...
View ArticleEx-LendingClub CEO Laplanche Is Selling $20 Million of Stock
By Jennifer Surane for Bloomberg Renaud Laplanche, the LendingClub Corp. founder who stepped down as chief executive officer in a May shakeup, is selling stock in the company valued at $20.1 million....
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