Monthly News Update- August 2018
Here are some of the top online lending news, stories and trends of July 2018 for online lending investors and industry watchers. Industry News: 7/3/2018 “Equifax research reveals that a significant proportion of UK consumers would be up for sharing their data…” (AltFi News) 7/4/2018 Amazon has already made some moves to fintech. What are […]
MonJa's Digital Banking and Lending Monthly Roundup | June
[vc_row][vc_column][vc_column_text]MonJa’s Digital Banking and Lending Monthly Roundup – Why Subscribe? Digital banking and lending is evolving rapidly. Recent fintech-banking partnerships and innovation in technology with the introduction of AI, ML and blockchain herald a new era in lending. Fintech’s are changing the competitive ecosystem, empowering lenders to process loans faster and smarter. In a world full […]
Small Banks and Why They Need To Adapt To The Latest In Artificial Intelligence and Machine Learning
[vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text]Small banks and credit unions play an important role in the US financial system particularly in serving rural and small metropolitan areas. Why should they care about artificial intelligence and machine learning when their business with borrowers is based on personal relationships? Their essence is in relationships built with the community at the local level, […]
Overview of US Consumer Lending
Financial system across the US took a beating in the aftermath of the 2008 financial crisis and American views changed overnight with regards to their financial system. In a 2014 Gallup poll, only 26 percent expressed having “‘a great deal’ or ‘quite a lot’ of confidence in banks,” down from 41 percent in 2007 and […]
Overview of US-Based Small Business Lending Platforms (Alternative Lenders).
[vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text]“Of the 28 million small businesses in the United States, over half faced financial challenges in the last year [2016] Janet Zablock; Former Head of Global Small Business at Visa and currently, an Independent Board member at Nav Inc. As we have all heard multiple times, Small and Medium Businesses (SMB) are the backbone of the […]
Overview of US Real Estate Lending Platforms (Online Lenders)
[vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text]Let’s start with some of the reasons that lead to the hyper growth of some of US-based real estate lending platforms. Since the 2008 financial crisis, the whole dynamics of real estate lending has changed. The perennial sources of funding like commercial banks, insurance companies, and other traditional lenders have turned much more conservative when […]
MonJa Monthly News Update- December 2016
Here are some of the top stories and trends of November 2016 for marketplace lending investors and industry watchers: Industry News: 11-02-2016- Banks No Longer Make the Bulk of U.S. Mortgages (WSJ) 11-02-2016- Will Fintech Create A New Silicon Valley in Asia? (benzinga) 11-03-2016- Equity Crowdfunding Evangelist Victoria Silchenko: We Have Witnessed Unprecedented Growth in […]
Life After Lending Club: How The Market Is Responding To The Problems Of 2016
2016 has been quite the year for marketplace lending — beginning with Lending Club’s troubles in May, whose effects have rippled throughout the rest of the year, and continuing with external political factors affecting the global market (read: Brexit in June, the U.S. election in November). It has certainly been a difficult year for all […]
MonJa Monthly News Update- November 2016
Here are some of the top stories and trends of October 2016 for marketplace lending investors and industry watchers: Industry News: 10-02-2016- Cambridge Centre for Alternative Finance Holds Standout Inaugural Conference (Crowdfund Insider) 10-03-2016- International P2P Lending Services – Loan Volumes September 2016 (p2p-banking) 10-04-2016- Oleg Seydak on Blackmoon & Marketplace Lending as a Service […]
MonJa Monthly News Update- October 2016
Here are some of the top stories and trends of September 2016 for marketplace lending investors and industry watchers: Industry News: 09-01-2016- Plentiful opportunities in alternative credit and niche lending, says PIMCO (altfi) 09-01-2016- New Fintech Partnership: Currencycloud Links with Arkéa Banking Services (Crowdfund Insider) 09-05-2016- KKR: Alternative credit set to be “star performing” asset […]