Marketplace lending is more transparent than other areas of finance and many of us are in the industry are pleased that this trait continues as the industry matures. Yet, there are still issues with when and where to get timely information on what’s going on. Good decisions come from good information. For instance, Lending Club … Read moreMy 5 Favorite Marketplace Lending News Sources
DASH is making its case as the best payments based cryptocurrency. On November 11th, DASH Force News reported that DASH ran a stress test on its network. Results were even better than expected. The previous record of processed transactions on the DASH network was 464,000. In this stress test, it … Read moreIs DASH the leading payment cryptocurrency?
With all the cryptocurrencies and tokens out there now, it’s difficult to figure out why there are so many and what they do, not to mention are they a good investment for you? One of the ways I determine a good investment is by its use case. From the tech world, use case means what … Read moreCrypto Use Cases
This article was originally printed in fintech award-winning news site Bankless Times, where I’m a contributor. Contact me if you are interested in learning more. Loan Servicing software firm Turnkey Lender sells their SAAS platform for loan underwriting and servicing all over the world. Their software works with lending markets from auto to alternative lending, payday … Read moreTurnkey Lender: Solid Lending SAAS Platform
Two firms, Paxos and Gemini (backed by the Winklevoss twins of Facebook fame), received regulatory approval for their stablecoin this week. What are stablecoins and why does this matter? Should you invest in them? Let’s take a look. What Is a Stablecoin? A stablecoin is a cryptocurrency pegged to a more stable asset like gold or … Read moreTwo New Stablecoins Approved. Should You Buy Them?
The end of the summer means a couple of things aside from cooler weather. One of those things is the fall conference season in fintech. Are you going anywhere good? This time of year also means lots of news in the industry so I thought I’d review some of the news I found particularly interesting. … Read moreFintech News You Can Use
One of the best use cases for Bitcoin and cryptocurrency is its use as a ‘crisis’ currency. A crisis country with hyperinflation, like Venezuela, has a currency (the Bolivar VEF) that is a ‘softer’ form of money than harder forms of money like fixed supply cryptocurrencies. Gresham’s Law is an economic law that states that … Read moreDASH is the choice of Venezuelans
2018 is a tough year to hold cryptocurrencies. Most are down more than 80% from the all-time highs of late 2017. It reminds me of the 2014 bear market that I bought into where Bitcoin dropped almost 80% after I bought my first one. If you still believe in the cryptocurrency you bought, then hold … Read moreWhat’s Up with Ethereum?
Hong Kong-based Bitcoin exchange OKEx has a big problem. And this problem reminds us about exchanges. Whether decentralized or not, there is a potential risk with exchanges from the exchange itself, like when Bitfinex was hacked back in August of 2016 when 120,000 BTC were stolen. This is known as counterparty risk and we always have … Read moreCounterparty Risk in Bitcoin Exchanges: OKEx
The mantra in marketplace lending is to build, buy or partner. When people say this they are talking about fintech firms and banks and how they should work together. One side left out of this equation is fintech platforms getting into lending for their own customers like Amazon, Paypal, or EBay. All are or soon … Read moreAmazon, PayPal & EBay Expand Lending Options