Banking Technology<\/a> 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.<\/p>\n ***<\/p>\n Transparency Market Research<\/a> issued a report on the state of P2P lending. The researchers take a look back and summarize that \u201cAs of 2015, North America held a dominant position in the P2P market, accounting for over 43% share in the overall market.\u201d The authors also cite China, India, Japan, and Australia as major growth areas particularly in small businesses.<\/p>\n ***<\/p>\n The Sydney Morning Herald<\/a> discussed a growing trend of consumers who are ignoring high interest credit cards when it comes to bigger purchases. \u201cCredit card applications fell by almost 4 per cent in the March 2017 quarter compared with the same quarter last year,\u201d remarks the author. Meanwhile, \u201cPersonal loan applications rose by 13.5 per cent over the same period, the biggest increase since the March 2005 quarter.\u201d Consumers are finding cheaper ways to finance purchases.<\/p>\n ***<\/p>\n