In this week’s PeerIQ Industry Update they cover the growing turmoil in the markets due to the spread of coronavirus...
The Senate Banking, Housing and Urban Affairs Committee held a virtual hearing yesterday on the digitization of money and payments;...
Following the financial crisis many financial institutions scaled back on their debit card rewards programs; for some fintechs though this...
In the latest issue of their biweekly loan performance report dv01 shares that total impairments in online lending have fallen...
Layoffs are increasing all across the country and Silicon Valley is not immune to feeling the pain of the crisis;...
Thomas Peterffy, CEO of Interactive Brokers Group, sent a letter to the CME and OCC Clearing Members voicing concerns about bitcoin futures; Mr. Peterffy believes bitcoin price movements are too big and arbitrary; he would prefer to put the clearing of bitcoin into an isolated clearing house or another isolated entity; he is sounding the alarm because he does not want to see the repeated mistakes of the 2008 financial crisis. Source.
The New York Times reports that the parent company of the New York Stock Exchange, Intercontinental Exchange or ICE, has...
JPMorgan’s Interbank Information Network (IIN) has already signed up more than 220 banks and now they plan to expand the...
Current is a New York-based digital bank with around 800,000 customers, many of whom live paycheck to paycheck; they have...
SoFi has already done two Super Bowl commercials but has also become a sponsor of numerous sporting events; The company most recently sponsored the Big Ten men’s college basketball championship final last week; SoFi finds that sporting events are a great way to reach their target audience and build the SoFi brand. Source