A London-based financial API provider with a uniquely controversial name, Fidel, has established a New York office to add to...
In the space of a week, Petal and newly-formed spin-off, Prism Data have made two significant announcements, super charging open banking.
For investors who want to make an impact on the climate crisis, Ziggma provides data on companies' financial performance and their footprint.
Insurance and insurtech companies are seeking synergies in the industry as technology is evolving; at the Intelligent InsurTech Europe conference this week in London, industry participants discussed the many ways companies are partnering and developing new services; the industry conference revealed many large companies are investing in insurtech through incubators and direct investment; in-house innovation labs are also a prevalent trend occurring with large insurance companies; most large insurance companies are finding it important to partner and invest with insurtech companies in order to stay current with the industry’s evolving landscape. Source
The new Consumer Financial Protection Bureau Director, Kathy Kraninger, spoke in Washington on Thursday at a hearing held by the...
The Senior Managing Director at Kroll Bond Rating Agency discusses trends in marketplace lending securitization. Source
While fintech companies have focused on speeding up the lending process to small businesses, the IRS's continued use of fax machines continues to slow down the lending process when borrowing from traditional institutions; in an article from American Banker, the cumbersome process of getting a tax transcript from the IRS is outlined; when customers need capital on short notice they are often left with higher financing costs; Representative Patrick McHenry recently introduced the IRS Data Verification Modernization Act that aims to provide near-real-time communication of information which may level the playing field across lenders. Source
'Lili Smart' tracks banking movements, categorising them instantaneously to ease small business accounting.
Orchard has announced a new data services partnership with investment bank, Sandler O'Neill; Sandler O'Neill provides investment banking advisory services for clients in the financial services industry; the partnership will provide access to Orchard's full suite of marketplace lending data analytics services for Sandler O'Neill and its clients making Sandler O'Neill a leading investment advisory service for financial institutions considering bank partnerships. Source