In the course of the week I share the newest market lending and fintech information on Twitter because it occurs. Then each Saturday I take probably the most fascinating information objects and weblog posts from the previous week and share them right here.
The Gradual Demise Of Checking Accounts by Forbes – Attention-grabbing perspective from Ron Shevlin in his Forbes column about checking accounts. He says that the checking account as we all know it’s lifeless and will probably be changed by one thing way more highly effective inside a decade.
Extra Firms Assist Workers With ‘Monetary Wellness’ Plans by The Wall Road Journal – Company America is starting to comprehend the duty they’ve for the monetary wellness of their workers. This will probably be a rising pattern this decade as this duty deepens. Right here is the present state of play within the WSJ.
Starling raises £60m to fund enterprise service and abroad push by Monetary Occasions – I anticipate this would be the first of many huge funding rounds we’ll see this 12 months from the main European digital banks. Starling Financial institution raises £60m for enlargement to Europe.
The Forbes Fintech 50: The Most Revolutionary Fintech Firms In 2020 by Forbes – The Forbes Fintech 50 listing of probably the most modern fintech firms is out and there are some nice names on it. Congrats to everybody who made the listing.
A brand new type of British invasion: Regtech hackathons by American Banker – I like the work that Jo Ann Barefoot and her Alliance for Revolutionary Regulation staff are doing. We have to rethink how regulators function and these “tech sprints” (not hackathons) are an ideal begin.
Lending Startup Adverts Function Blockchain Character To Spotlight Enterprise by PYMNTS – There’s a artistic new advert out from Determine explaining blockchain know-how in easy phrases and the way it powers their loans.
How far can enterprise capital take European challenger banks? by Fintech Futures – The rise of the European challenger banks has been made doable although huge quantities of enterprise capital. However valuations are skyrocketing so it’s unclear the place they go from right here.
Senators alarmed by research linking mortgage charges to varsity alternative by American Banker – I’m a fan of the work that Upstart is doing and I do know they’ve already penned a response to this research however Senators are taking discover.
Patents reveal extent of China’s digital foreign money plans by The Monetary Occasions – China has been engaged on a digital foreign money since 2014 and have filed greater than 80 patents on this undertaking.
$1 billion in $28 increments: Stash reaches main milestone by Tearsheet – Stash is an modern fintech that’s serving to to gas progress in financial savings and funding from center class Individuals.