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Online Lending Monthly News. Here are some of the top stories and trends of October 2020 for online lending investors and industry watchers.
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Industry News
[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_column_text]10/1/2020 Next step for touch-free payments? Amazon launches palm scanner in two physical stores. (AltFiNews)
10/2/2020 3 Fintech Opportunities For Entrepreneurs Beyond 2020 (Entrepreneur)
10/6/2020 Open Banking Finally Takes Off as Open Finance Looms (LendAcademy)
10/7/2020 Millennial investing boomed during the pandemic, says Plum (AltFiNews)
10/9/2020 State of the Market: European alternative lending near-doubled in 2019 (AltFiNews)
10/9/2020 MonJa’s Digital Banking and Lending Monthly Roundup (MonJa blog)
10/12/2020 5 Bank And Fintech Partnership Ideas To Generate Revenue (Forbes)
10/13/2020 P2P Bitcoin (BTC) Exchange Paxful Says Platform Aims to Onboard 2 Million Users by End of 2020 (CrowdfundInside)
10/13/2020 Cumulative alternative lending reaches £25bn in UK, €14bn in Europe (AltFiNews)
10/14/2020 PayPal vs Klarna: US payment giant launches rival ‘buy-now, pay-later’ service (AltFiNews)
10/15/2020 JPMorgan Chase launches bank account for kids (AmericanBanker)
10/15/2020 The Future Of Digital Banking (Forbes)
10/19/2020 State of the Market: Alternative property lending reached £1.7bn in 2019, led by LendInvest (AltFiNews)
10/19/2020 50% of Financial Services Professionals Want to Continue Working from Home Following COVID Outbreak (Crowdfundinside)
10/20/2020 The Lending Boom Conundrum (AltFiNews)
10/21/2020 PayPal to Allow Users to Buy, Sell, and Pay in Crypto in Partnership with Paxos (CrowdfundInside)
10/21/2020 Your One Stop Guide To Peer-To-Peer Lending (Forbes)
10/22/2020 PayPal to open up network to cryptocurrencies (Reuters)
10/22/2020 Why Fintech is the Future of Banking? (DataScienceCentral)
10/23/2020 Sales soar at Klarna rival Laybuy as buy-now-pay-later sector hots up (AltFiNews)
10/26/2020 Zopa backer Augmentum Fintech to raise £28m for future investments (p2pfinancenews)
10/27/2020 Top 10 Fintech News Stories for the Week Ending October 24, 2020 (LendAcademy)
10/27/2020 Banks, PPP recipients caught in bind between two SBA rescue programs. (AmericanBanker)
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Platform News
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]10/5/2020 Zopa appoints former HSBC and Microsoft exec as CTO (AltFiNews)
10/8/2020 LendingClub Files 8-K Indicating It Will Cease Offering and Selling Retail Notes (CrowdfundInside)
10/12/2020 LendingClub to drop p2p platform (AmericanBanker)
10/14/2020 SoFi launches social network for investors (AmericanBanker)
10/26/2020 Monzo vs Revolut: The battle for premium subscribers (AltFiNews)
10/28/2020 Assetz Capital Commits Additional £25 Million to Assetz Capital for CBILS (CrowdfundInsider)
10/28/2020 Starling Bank co-founder becomes CEO of Bitstamp (AltFiNews) [/vc_column_text][/vc_column][/vc_row]