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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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FinTech Innovation in Southeast Asia

Let's Talk Payments

Embracing the Southeast Asian digital revolution in financial technology, FinTech seems to be exploding with quite a lot of startups having been established from 2009 onwards. The breadth and depth.

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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. million Series C round in April of 2010.

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Are central banks getting on board with blockchain?

NCR

Not so long ago, blockchain technology was still something of a peripheral concern for most traditional financial institutions. Indeed, Ms Brainard’s comments highlight how the Fed is taking a much closer interest in blockchain and what it can offer to the financial services sector. appeared first on Banking.com.

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What Customer Intimacy Has To Do With Payments

PYMNTS

Back in 2009, the Apple iStore and Facebook Connect had just come out, and a group of friends and I saw these disruptive forces and thought that we could harness them and build a social payments app. BC: As an investment banker, I didn’t find meaning in advising in transactions. The best example of this is the founders of Airbnb.

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San Francisco Times Recognizes Credit Karma as Best Fintech Company

Fintech Labs Insights

Last week the San Francisco Business Times announced winners of its Tech and Innovation Awards honoring the Bay Area’s most innovative and enterprising technology companies. Finovate alum Credit Karma was one of 25 winners, named Best Financial Technology Company. Founded in 2009. million in funding.

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Fenergo Brings its Client Lifecycle Management Innovations to ABN AMRO

Fintech Labs Insights

ABN AMRO is the third-largest bank in the Netherlands and will use the technology to support its CDD/KYC processes in specific, and the bank’s broader “business transformation strategy” in general. “Fenergo is the technology platform that will underpin this initiative.”