MonJa: Online Lending Commercial Lending Commercial Banking Technology News

Online Lending Monthly News – June 2020

In Commercial Lending, Industry News, Marketplace Lending by Yulia GnatyukLeave a Comment

MonJa: Online Lending Commercial Lending Commercial Banking Technology News

Online Lending Monthly News. Here are some of the top stories and trends of May 2020 for online lending investors and industry watchers.

Industry News

5/1/2020 Twelve days after round one of the PPP loan program ended round two opens to massive pent up demand. (Lend Academy)

5/5/2020 The Do’s and Don’ts of Banking in the Times of Coronavirus. (MonJa blog)

5/7/2020 Facebook’s cryptocurrency Libra Association appoints HSBC’s chief legal officer as first CEO. (AltFi News)

5/8/2020 Fintech Revenues Projected to Increase from $150 Billion in 2018 to $500 Billion in 2030. (Crowdfund Inside)

5/8/2020 PayPal Reports COVID-19 Driven Growth. (Crowdfund Inside)

5/11/2020 Google: The Next Big Fintech Vendor (Forbes)

5/11/2020 Samsung is following Apple and Google into consumer banking. (American Banker)

5/13/2020 Pandemic inspires P2P innovations. (p2p Finance News)

5/13/2020 The World’s Largest Technology Companies in 2020. (Forbes)

5/14/2020 8 Low-Risk Loan Portfolio Strategies For Banks In The Coronavirus Environment. (MonJa)

5/15/2020 How Fintechs are Helping Businesses in Latin America Deal with COVID-19. (Crowdfund Inside)

5/18/2020 It’s “Absolutely Essential” for Smaller Lenders to Work with Fintech Firms, According to Community Banking Executives. (Crowdfund Inside)

5/19/2020 What We Learned from the Leaders in Fintech. (Lend Academy)

5/20/2020 Upstart Making it Easier for Banks to Use AI Underwriting, Comments on COVID-19. (Lend Academy)

5/20/2020 Visa’s digital dollar concept opens a door to central bank currencies. (American Banker) 

5/21/2020 GoHenry has introduced the easily degradable card after seeing an increase in demand from eco-conscious kids. (AltFi News)

5/22/2020 Why you should still launch a fintech during a recession. (AltFi News)

5/22/2020 Shopify Launches Debit, POS Credit Tools For Merchants. (Pymnts) 

5/26/2020 Yolt expands its open banking API across Italy, France and Spain. (AltFi News)

5/26/2020 Dow Surges 600 Points As Investors Bet On A Coronavirus Vaccine Breakthrough. (Forbes)

5/27/2020 The Future of Fintech In A Coronavirus World. (Lend Academy)

5/27/2020 7 Benefits of Digitalization to a Bank’s Existing Client Base. (MonJa blog)

5/28/2020 Samsung and SoFi outline plan for their own Mastercard. (AltFi News)

Platform News

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