Tag: USA

Cioffi sees lenders going down the scale as they mine subprime borrowers deeper and deeper. It’s more profitable when times are good and borrowers are paying, which attracts new entrants. Read more: www.lending-times.com

Citi Fintech kicked off its one-year anniversary this November through the launch of its Global API Developer Hub. Read more: www.bankinginnovation.net

PitchBook’s latest FinTech analyst report details how a confluence of demographics, technology and regulations has begun to change the way money is managed. Read more: www.valuewalk.com

Insurtech was an insurance buzzword in 2016 and that’s likely to continue next year when it will permeate almost every aspect of U.S. industry. Read more: www.insurancejournal.com

Bitcoin has now reached its highest price point in almost three full years, since February of 2014, in the aftermath of the Mt. Gox collapse. Read more: www.bitcoinist.com

The NBA’s Orlando Magic may not be the first franchise that comes to mind when one thinks of B2B payments technology, but Viewpost changed that with its announcement Tuesday. Read more: www.pymnts.com

The bot, named Val, will help Varo customers plan emergency savings, set goals, and provide insights that help them keep track of and control their spending. Read more: www.venturebeat.com

The online lending company known as SoFi, which specializes in refinancing student loans, is pushing back plans for an initial public offering in order to focus on developing other business lines. Read more: www.bloomberg.com

Starting this week, metered parking spots in midtown Manhattan are going mobile with a new system that lets drivers pay via smartphone. Read more: www.techcrunch.com

With financial services embracing and exploring blockchain, the sector is proving to be a guide for other industries interested in the technology. Read more: www.pymnts.com