News from around the world American Banker examined the trend of small banks seeking P2P solutions for their SBA expansion. The Small Business Administration helps companies secure financing for working capital, equipment, real estate and inventory purchases. Smaller, local banks act as intermediaries in these transactions. By partnering with marketplace lenders they can amplify their…

News from around the world Politico reported on the advocacy group CGCN and their decision to sign the Marketplace Lending Association which is a trade group representing various P2P firms. The move is aimed towards building a robust regulatory framework around the new marketplace lending industry. *** Tech Crunch discussed an emerging proposal from the…

Around the world Huffington Post published an article looking at the innovation that will propel the marketplace lending world forward. Some P2P firms are enabling mortgage seekers. Meanwhile, loans targeting the military, veterans and government contractors are entering the field. However, regulations are moving at a slower pace. *** Crowdfund Insider discussed the role of…

Around the world Banking Technology published an article covering US Fintech regulation. As marketplace lending becomes more popular, especially for small businesses, regulators are becoming a larger presence. The Securities and Exchange Commission is entering the picture in an effort to safeguard borrowers and lender. *** Transparency Market Research issued a report on the state…

Around the world AltiFi Credit posted an article exploring how banks have renewed their perspective on marketplace lending. Based on data from the Economist Intelligence Unit the author suggests that both traditional banks and P2P lenders will rely on one another more in the future. In fact, conventional banks will need to embrace FinTech to…

Around the world AltFi looked at what issues must be addressed before a wider base of investors will embrace the P2P system. The author cites aspects including transparency, scale, regulations, sustainability, liquidity and defaults. With the addition of pension funds and insurance funds the market will grow. *** Crowdfund Insider took a look at the…

Around the world Seeking Alpha published an article from the International Monetary Fund. The authors explored the underpinnings of the fintech revolution. Many, including the IMF, see P2P lending at the fore of this sweeping change. Speed and low costs are influencing more people to embrace theses digital solutions. Crowdfund Insider reported on findings from…

Around the world Forbes published an article exploring how the marketplace lending phenomenon is spreading worldwide. Technology which enables faster decisions for borrowers and stronger returns for investors has earned appeal from the burgeoning Asian market. The author explains that “Over the last 5-10 years, China, India, and Southeast Asia have leapfrogged from a cash-based…

Around the world Yahoo Finance posted an article discussing the growing membership of the Marketplace Lending Association. This trade association, formed in 2016, seeks to advance the marketplace lending world through the development of transparency, efficiency and consumer-based solutions. In recent years the association has provided a foundation of legitimacy for various P2P networks. ***…

Around the world Times Leader published an article citing the growing interest among major financial firms to create their own marketplace lending businesses. Major players in the world of finance recognize the value of peer-to-peer lending as an alternative to conventional banking. Ironically, the entrance of global firms into marketplace lending resembles the traditional banking…