{"id":6787,"date":"2017-03-13T17:00:09","date_gmt":"2017-03-13T15:00:09","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=6787"},"modified":"2017-03-13T17:00:09","modified_gmt":"2017-03-13T15:00:09","slug":"weekly-industry-news-roundup-march-13-2017","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/weekly-industry-news-roundup-march-13-2017\/","title":{"rendered":"Weekly industry news roundup \u2013 March 13, 2017"},"content":{"rendered":"<h2 style=\"text-transform: uppercase\">Around the world<\/h2>\n<p align=\"left\"><a href=\"http:\/\/finance.yahoo.com\/news\/experian-joins-marketplace-lending-association-133000380.html\" target=\"_blank\" rel=\"nofollow noopener\">Yahoo Finance<\/a> 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.<\/p>\n<p align=\"center\">***<\/p>\n<p align=\"left\"><a href=\"http:\/\/www.pymnts.com\/news\/b2b-payments\/2017\/dianrong-fnconn-china-supply-chain-finance-blockchain-chained-alternative-sme-lending\/\" target=\"_blank\" rel=\"nofollow noopener\">PYMNTS<\/a> published an article announcing the introduction of blockchain technology into marketplace lending. The relatively new technology of secured, digital ledgers has helped alternative currencies like Bitcoin reach the masses. Now, some marketplace lenders are exploring how they can use the same technology to bolster P2P platforms.<\/p>\n<p align=\"center\">***<\/p>\n<p align=\"left\"><a href=\"https:\/\/www.forbes.com\/sites\/oliviergarret\/2017\/03\/06\/how-to-join-the-p2p-lending-revolution-and-earn-10-yields\/2\/#76ddcdf6662e\" target=\"_blank\" rel=\"nofollow noopener\">Forbes<\/a> generated a piece discussing the prominence of marketplace lending in our digital world and the advantages of the industry. The author explains \u201cIn 10 short years, P2P lending has facilitated over $35 billion of loans in the US.\u201d However, there is still plenty of room for this young arena to grow. \u201cLoans made through P2P platforms currently account for just 3% of the total unsecured consumer loans in the US,\u201d offers the author.<\/p>\n<p align=\"center\">***<\/p>\n<p align=\"left\"><a href=\"http:\/\/www.cio.com\/article\/3176080\/leadership-management\/banking-as-a-service-and-the-survival-of-banks-in-the-digital-age.html\" target=\"_blank\" rel=\"nofollow noopener\">CIO<\/a> offered a brief review of how marketplace lenders are continuing to influence the future plans of conventional banks because, \u201cIn order to retain and keep wallet share, banks and financial must rethink the future of service delivery that they currently offer, in a way that transcends new technology adoption.\u201d Moreover digital solutions like marketplace platforms can adjust faster than brick and mortar businesses.<\/p>\n<p align=\"center\">***<\/p>\n<p align=\"left\"><a href=\"http:\/\/www.gadget.co.za\/p2p-lending-takes-hold-in-africa\/\" target=\"_blank\" rel=\"nofollow noopener\">Gadget<\/a> discussed the emergence of P2P firms in countries like Africa. Specifically, \u201cKenya and South Africa are the market leaders, raising $16.7 million and $15 million respectively from online channels in 2015.\u201d The country has many citizens who are dissatisfied with traditional lenders and therefore, are turning to the speed and affordability of online solutions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. *** [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[119],"tags":[103,104],"class_list":["post-6787","post","type-post","status-publish","format-standard","hentry","category-financial-well-being","tag-english","tag-finance-tips"],"acf":[],"featured_image":null,"categories_names":["Financial Well-being"],"category_name":"Financial Well-being","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/6787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/comments?post=6787"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/6787\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=6787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=6787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=6787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}