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Goldman Sachs’ Online Lending Platform Marcus Has Originated Over $2 Billion in Loans, Deposits Rise to Over $ 5 Billion

by admin | Jan 19, 2018 | News

Goldman’s push into consumer online lending has been watched closely by other market participants. Unlike most established online lenders, including marketplace lending platforms, Marcus benefits from consumer deposits that provide a very low cost of …Powered by...

Tech Mahindra launches startup programme in Israel to drive global innovation

by admin | Jan 18, 2018 | News

… Tech Mahindra launched Tech Mahindra Nxt at the India-Israel Business Innovation Forum in New Delhi, on the sidelines of the Israeli Prime Minister Benjamin Netanyahu’s visit to India. Tel Aviv, Israel’s financial and technological hub will be the...

Banks Say FinTech Innovation, Not Regulation, Is Now Their Fiercest Market Pressure

by admin | Jan 18, 2018 | News

In its Global Banking Outlook 2018 survey, EY assessed 221 financial institutions across 29 markets. According to the results, banks argue that innovation … investing in artificial intelligence, cloud technology, cybersecurity, data and analytics …Powered...

Fintech Innovation is Top Concern for Banks, EY Says in Banking Outlook Report

by admin | Jan 18, 2018 | News

While regulations continue to be top of mind for financial institutions, banks have another main concern: the innovations and progress being … Leading banks are forced to respond, investing in technology to prevent customer leakage and preserve their...

Banks, regulators lack skills needed to cope with pace of fintech innovation

by admin | Jan 18, 2018 | News

according to the technology officers at leading financial companies at Thursday’s Nikkei Asia300 Summit in Singapore. Jonathan Larsen, chief innovation officer of Ping An Insurance (Group) Company of China, said there are “definitely no” people with...
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