At Lang Di Fintech (LendIt's Chinese event), Peter Renton, the founder of Lend Academy, conducted an interview with ZhongAn Insurance CEO Jeffrey Chen; they talked about how the biggest insurtech company uses big data and artificial intelligence to measure risk, the scale of ZhongAn's business, regulatory issues and the future of the company; the article provides five key takeaways from the interview. Source
Beyond Blend more suppliers could be coming soon such as Roostify, BankVOD, LendSnap and Quovo; FinLocker, Plaid and PointServ are also currently running pilots with Fannie Mae; Only Blend, Finicity and FormFree are approved suppliers while there are more than 40 approved vendors; there are 20 approved vendors of income and employment validation reports, but only DataVerify and Equifax are approved suppliers of these reports. Source
SoFi has published a blog post in response to a New York Times article about recent news at the company; discusses what SoFi calls vague claims as it relates to their mortgage and personal loans business; provides updates on what the company is doing related to corporate culture and Mike Cagney’s departure. Source
Top 10 Fintech Predictions for 2022. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
On March 29, the Boston-based anti-fraud firm FiVerity announced a "holistic" fraud analytics platform to help firms stop criminal activity.
El neobanco lanza una campaña para fomentar la contratación de sus carteras indexadas, disponibles desde 150 euros...
Fintechs PayPal and Intuit were the first two non-bank lenders to be approved to lend through the Small Business Association’s...
Standard Chartered China's credit cards can now be added to WeChat user payment accounts, marking the first foreign capital-backed bank to cooperate with Tencent this way; according to Tencent Financial Technology Group (Tencent FiT) Payment Platform Product Manager Chen Qiru. the cooperation will help WeChat Pay to acquire more international users and WeChat Pay will strengthen cooperation with international financial institutions. Source (Chinese)
Nubank has finally reached breakeven, sending bolstering signs that ripple across the regional fintech ecosystem.
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