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Fintech Deals to Watch: Back to School

Gonzobanker

Lending Tech With Almost Steady Grades (Even With Rough Semesters). Here’s a few recent ones that caught our attention, and please, “Give us some slack, teach” on the school themes, ok? Banks Bought More Fintechs (Until Sum mer Break Started!).

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Jack Ma’s Ant hit by flurry of new rules ahead of mega IPO

Payments Source

Ant Group was dealt another blow by more regulations to contain risks in the country’s burgeoning online lending industry as Jack Ma’s financial technology giant prepares for its initial public offering.

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With Take-backs, Kasasa is Giving Borrowers More Control Over Their Money

Bank Innovation

EXCLUSIVE—Speedy, flashy financial service through mobile or a wearable is all well and good, but the product has to respond to changing customer needs as well. That’s why financial technologies provider Kasasa has come up with a loan product that will allow users to “take back” some of their funds.

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House Financial Services Committee announces January hearings on CRA, “rent-a-bank schemes,” mobile payments

CFPB Monitor

On January 31, the Task Force on Financial Technology will hold a hearing entitled, “Is Cash Still King? Reviewing the Rise of Mobile Payments.”. (The hearing is likely to address the rules proposed by the OCC and FDIC in November 2019 to eliminate the uncertainty created by the Second Circuit’s decision in Madden v.

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Why P2P Could Soon Play A Leading Role In Middle East FinTech

PYMNTS

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets.

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Getting Mobile Ready

Independent Banker

Finding the right place, at the right pace in a volatile and uncertain mobile marketplace. Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies.

Mobile 105
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Yes, Fintech Really Is Improving Customers’ Everyday Lives

Bank Innovation

Most veterans of the financial technology space can confess to some cynicism about new technology and products. Consumers, especially those with genuine day-to-day financial struggles, don't seem to see much improvement. We're all still waiting for blockchain and mobile payments to transform the financial system.

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