Visa’s Margaret Reid on the future of passwords and financial products The SEC must solve its cryptocurrency custody conundrum After...
Steve Eisman is famous for shorting the subprime housing market prior to the financial crisis; he recently spoke at the...
Orca CEO Iain Niblock calls out the mini-bond market after the collapse of mini-bond provider London Capital & Finance (LCF);...
Innovative Finance Individual Savings Accounts or IFISAs has the potential to see millions pour into UK P2P lenders from retail investors; Samir Desai, CEO of Funding Circle, tells the FT, “We have done lots of surveys and a huge proportion of the base told us they would like to put all of the money they invest with us through the ISA.”; the IFISAs were approved in April 2016 but the big P2P lenders in the UK have just started to offer them. Source.
Chinese regulators released a draft of new rules for Chinese p2p lending platforms today. According to several reports, the China Banking Regulatory Commission...
The UK’s Financial Conduct Authority approved new rules for the p2p lending market that many think will weed out weaker...
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[Editor’s note: This is a guest post from Thomas Wang, Director of Data and Science Analytics at China Rapid Finance. China Rapid...
Zopa's Chief Product Office Andrew Lawson told investors last week they launched a new credit risk scorecard; the scorecard is meant to better help the platform assess borrowers and what is behind their approval/denial; Zopa has seen higher than expected losses and has also cut down on lending to higher risk customers; Lawson explained how the new model will use traditional credit methodology mixed with data science. Source.
P2P lender Renrendai believes they are well positioned to survive and eventually thrive after the regulatory crackdown in China ends; the...
China was once home to the largest p2p lending market in the world and now it faces extinction; a few...