News > FinTech

Here Are All LendingClub's Ratings And Price Target Changes Ahead Of Q3 Earnings
FinTech
LendingClub Corp LC 0.79% is set to report its third-quarter earnings Monday. Wall Street expects the online lending firm to report a loss of $0.07 a share versus a profit of $0.04 a share in the same quarter last year. In addition, the Street predicts revenue to fall 11.2 percent to $103.31 million. LendingClub sees operating revenue to be in
10-Year FinTech Landscape (Infographic)
FinTech
With the rapid growth of the financial tech industry it’s important to keep-up-to-date with everything that’s happening in the industry. We have created an infographic that highlights the growth of this sector over the last 10 years, ranging from accounting to personal finance. The Visual Guide to the Rise and Rise of Financial Technology With FinTech companies on the rise,
Peak Disruption: Start-Ups Now Infiltrating the Business of Death
FinTech
When we learned that Silicon Valley was now disrupting the burger industry, we wondered whether the tech sector had finally run out of things to disrupt. How silly we were to think such a crazy thought. As the New York Times reports, it turns out that there is now a crop of technology companies - mostly owned by millennials, natch
Will Fintech Create A New Silicon Valley in Asia?
FinTech
One of the most important sectors in technology is fintech, the marriage of finance and technology. PayPal PYPL 0.46% and Square SQ 6.41% are examples that carry billion dollar valuations based on the easy movement of money through the internet and mobile phones. These companies have benefited from Silicon Valley’s unique confluence of free-flowing venture capital, a culture of innovation
Goldman's New Groove
FinTech
With ultralow rates and stricter regulations cramping its style, the erstwhile “Great Vampire Squid” of Wall Street has turned to fintech to replace lost revenue. The Wall Street Journal: Goldman Sachs Group Inc. is taking a page from Apple Inc.’s playbook. For the first time, it is allowing rivals to sell their own investment products through a Goldman web application, according
Migration To Cloud Computing In Financial Services Taking Cautionary Approach: Tabb
FinTech
As cloud computing becomes a greater part of corporate business plans, advancing at some of the most rapid paces of all technological developments, the use of outsourced technology solutions among financial services providers still relies on a balance between a financial firm’s internal “grid” and the more public cloud, a new Tabb Group study finds. Image source: Pixabay Cloud computing advancing
How Fintech Is Beating Brexit
FinTech
While some people within Europe’s fintech industry were concerned about Brexit’s impact, it doesn’t appear to have caused a significant shift in the industry. At least not yet. Investment in European fintech has grown from about $26.7 billion in 2015 to about $36.5 billion this year, according to data from Fintech Compliance. In 2013 that number was all the way
Report: Uber Drivers Practice Racial and Gender Discrimination
FinTech
One of the main selling points of the ride-sharing economy for consumers is that it gives people easy access to transportation in cities all over the world. Or, at least that's the premise. A new report by the National Bureau of Economic Research has found that the ride-sharing economy is actually not as convenient for African Americans and women as
Google vs. Europe: A Brief Refresher
FinTech
The New York Times reports that Google is expected to formally respond on Thursday to charges made against the search engine by the European Commission, in what is now a six-year antitrust battle between Europe and the Silicon Valley giant. Ahead of Thursday, we think it would be good to provide a quick refresher about where everything stands right now
Is it Time For Jack Dorsey to Quit One of His Companies?
FinTech
One of the more interesting story lines from when Jack Dorsey was named CEO of Twitter last year (for the second time) was the fact that he would also remain CEO of Square, the very successful credit card processing company he co-founded after being fired from Twitter in 2008. But with Twitter currently facing immense challenges to its business - not least of