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FHFA announces Office of Financial Technology

CFPB Monitor

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space.

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Broady, a Metropolitan Policy Program Fellow at the Brookings Institution, through some of these new fintech innovations such as BNPL, “Financially vulnerable populations experience greater income and expense volatility.”

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SoftBank Reportedly Tapping Into Online Used Car Trend

PYMNTS

Among the ongoing trends in retail is the funding for online used car platforms, and the ongoing rise of eCommerce and digital payments in Latin America. Used Vehicle Trends. Higher interest rates and a bevy of new cars coming off lease stand to push more customers into the used market in 2019,” according to CNBC. More Funding.

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Alipay Rides The Payments Licensing Trend In Europe

PYMNTS

One of the more recent examples comes from London-based financial technology startup Revolut , which is reportedly “the first London-based FinTech to receive a European banking license.” Alipay follows other payments players, along with FinTech startups, that have recently been granted licenses to operate in Europe. million people.

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VC Firm Greycroft Raises $680M In Search Of Next Venmo, Subscription Startups

PYMNTS

Co-Founder and Partner Dana Settle said the firm plans to keep investing in retail-oriented businesses, although it's also interested in working with health technology, financial technology and grocery-related businesses, Bloomberg reported. But after several months of slowing down, IPOs began to flood the market again.

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Trends Driving the Financial Services Industry in 2019

Jack Henry

With rapid-fire changes in how we invest, borrow and save; how financial institutions control risk; and how financial institutions (FIs) analyze data and control lending, the financial technology, or fintech, market is bringing significant disruption to the $8.5 financial services industry. trillion U.S.

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Canadian Fintech Market Map

CB Insights

At the same time, early-stage and late-stage trends paint a different picture. Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. The 2019 Canadian fintech market map. Navigating the Canadian fintech market map.

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