Highlights partnerships announced by Wells Fargo and Blend, and Walmart and Google Express; reports on economists' comments at the Jackson Hole Economic Policy Symposium discussing post-crisis market regulations and areas for further improvement; also mentions Jamie Dimon's annual letter and the role for third party risk infrastructure. Source
PeerIQ released its fourth quarter "Marketplace Lending Securitization Tracker" this week; marketplace lending accounted for $2.4 billion of the securitization market in the fourth quarter; data from the fourth quarter report shows securitization investments as an increasingly important source of capital for marketplace lending platforms; in 2016 70% of loans were invested in through securitizations. Source
In this week’s PeerIQ Industry Update they cover the troubling data of millennial delinquency rising significantly higher than older borrowers;...
Lending Works sold to alternative investment manager Global Fintech Funding Declined during COVID-19, Investors Now Focused on Mature Fintechs like...
In this week’s PeerIQ Industry Update they cover the growing turmoil in the markets due to the spread of coronavirus...
In this week’s PeerIQ Industry Update they cover the recent remarks by Fed Chairman Powell who says the recovery will...
In this week’s PeerIQ Industry Update they cover the surprising jobs report that sent markets shooting up on Friday with...
The latest PeerIQ newsletter digs into the news from last week including the current economic outlook and what we might...
The Online Lending Policy Institute has been formed to provide research and education on fintech and marketplace lending; Federal Reserve Governor Daniel Tarullo has resigned which is favorable for financial services deregulation as Tarullo was a driving force for higher capital standards; the PeerIQ weekly update also provides more details on President Donald Trump's executive order regarding financial services deregulation. Source
PeerIQ's Weekly Industry Update notes this week's SFIG Vegas 2017 conference on structured finance; PeerIQ's Ram Ahluwalia will be moderating a panel titled, "The Outlook for Securitization and Marketplace Lending"; on February 26, PeerIQ also released an industry white paper titled, "Data Standards and Best Practices" which details industry standardization of data and discusses the importance of data transparency; at the SFIG 2017 event on Monday the firm announced a new data partnership with 1010data. Source