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Could the 2009 subprime mortgage crisis have been avoided with blockchain?

BankNXT

Could the 2009 subprime mortgage crisis have been avoided with blockchain? The subprime mortgage crisis, and why distributed ledgers would have been instrumental in lessening its impact. Story by George Samman. on BankNXT.

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LendingClub Settles With SEC, DOJ

PYMNTS

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. Attorney Alex Tse. “We million Series C round in April of 2010.

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Finovate Talks Payment API Security with John Canfield, VP of Risk for WePay

Fintech Labs Insights

Founded in 2009, WePay offers online marketplaces, crowdfunding platforms, and small businesses two main products: 1) A white-labeled payments processing platform, Clear. We recently caught up with John Canfield, VP of Risk for WePay, to chat about how he combats fraud. Are you building new financial technology?

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Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

” In this area, AmFam has made investments in startups including Cozy , a rent management startup, and mobile used car marketplace Instamotor. Stated investment focus: Enterprise software, financial technology, insurance technology, innovations in travel, health, and auto verticals. AXA Strategic Ventures.

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Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

” In this area, AmFam has made investments in startups including Cozy , a rent management startup, and mobile used car marketplace Instamotor. USAA began formally investing in tech startups earlier than a lot of other P&C insurers, having first invested in now-public automotive pricing company TrueCar in 2009. XL Innovate.