Another Chinese P2P is rumored to be planning its own IPO. Read the Bloomberg report here.
Hoenig says relief seeking banks should meet strict criteria
FDIC official Thomas Hoenig says banks seeking relief from Uncle Sam should meet certain standards in order to qualify. Ryan Tracy reports.
Lending Club IPO proof P2P here to stay
The Lending Club IPO is further proof peer-to-peer lending is likely to stick around, yet relatively few Americans are aware the industry even exists, Blue Elephant’s Brian Weinstein tells James Williams.
Summers bullish on P2P
Larry Summers is big on peer-to-peer lending, a concept shaking up an industry whose last big achievement was the ATM, writes Chris Matthews.
Student borrowers benefiting from fintech
With 11 platforms dedicated exclusively to student loans, consumers are winners, writes Stephen Dash.
Former startup now owned by big bank disses big banks
Simple, whose marketing shtick involved reminding people who caused the financial crisis, is owned by global banking network BBVA. Shelly Banjo reports.