Tag: USA
Is auto lending headed down the same path as mortgage lending?
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’s global API developer hub has nearly 50 APIs
Citi Fintech kicked off its one-year anniversary this November through the launch of its Global API Developer Hub. Read more: www.bankinginnovation.net
How FinTech Is reshaping asset management
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
2017 Predictions for InsurTech, Australia D&O & India cyber insurance
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 price blast past $800; may hit $2000 by 2017
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
Orlando Magic devises B2B payments game plan
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
Varo Money takes on millennial FinTech services
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
SoFi pushes back IPO plans amid financial tech struggles
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
New York City brings smartphone payments to metered parking
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
Who’s left in the dark about blockchain
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