The Daily Dig for Tuesday, Oct. 14

UK P2P makes strategic tech hire

Lending Works has hired Michael Raasch as its first technology head.  Raasch has 15 years in similar positions with banks under his belt, Oliver Smith says.

What is the future of permanent crowdfunding?

In a word, limited.  A safer bet to last is one for equity crowdfunding, writes Giuditta Armiraglio.

How banks view Bitcoin

Many ask what banks need to change as Bitcoin alters the landscape.  Many believe nothing at all.  Aaron Timms reports.

Green energy crowdfunding growing in UK

A recent £5 million share issue is further proof people are warming to the synergies between green energy and crowdfunding, writes Will Nichols.

Sqor allows fans to fund athletes at all levels

Whether it’s Brett Favre promoting charities or a young phenom training for the Olympics, Sqor helps them get support.  Darren Heitner has more.

European Crowdfunding Network releases December convention details

Anyone interested in the European crowdfunding sector should consider attending this event, schedule for December 11-12 in Paris.  Details ici.

SEC dithering hurting crowdfunding

"To define, or not to define, or how to define...What is the question again?"

“To define, or not to define, or how to define…What is the question again?”

New Mexico business is being hurt by the SEC’s glacial approach to crowdfunding regulation.  Marshall Martin analyzes the impact.

Crowdfunding advocates take issue with SEC accredited investor definition

Burdensome, unworkable, and exclusionary are but three words industry types are using to describe an SEC subgroup’s output on defining accredited investors.  JD Alois reports.

2014 Nobel economics winner calls for stricter big bank controls

Jean Tirole believes if a bank benefits from government action they should be subject to strict controls.  With a Nobel on his mantel, people will listen, says Ben Moshinsky.

Banks pushing credit card loans

Not a big surprise here, but by focusing on credit card lending instead of those who pay off the monthly balances, thereby denying banks their interest income, banks could be helping the P2P industry.  Read more here from David Henry.