{"id":8841,"date":"2017-08-14T18:49:41","date_gmt":"2017-08-14T15:49:41","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=8841"},"modified":"2017-08-14T18:49:41","modified_gmt":"2017-08-14T15:49:41","slug":"weekly-industry-news-roundup-august-14-2017","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/weekly-industry-news-roundup-august-14-2017\/","title":{"rendered":"Weekly industry news roundup \u2013 August 14, 2017"},"content":{"rendered":"

News from around the world<\/h2>\n

Market Insider<\/a> reported on the the second annual summit for Online Lending Policy Institute in Washington, DC. The author explains that the meeting is designed to be an \u201copportunity for industry participants to share insights, propose standards, and have an open dialogue with regulators and policymakers to build consensus viewpoints on the regulation of online lending.\u201d<\/p>\n

***<\/p>\n

Entrepreneur<\/a> published an article exploring the four ways the online lenders are innovating with purchasing cards. For example, the use of a purchasing card allows the lending authority to measure if funds are being used for their intended purpose.<\/p>\n

***<\/p>\n

The Financial Times discussed moves by some P2P lenders to safeguard borrowers by offering to \u201cprotect them from losses by paying out on a bad loan directly from its own coffers.\u201d As more marketplace lenders enter the market competition is growing giving rise to more favorable terms to lenders.<\/p>\n

***<\/p>\n

Forbes<\/a> asked if \u201cTechnology firms are the next financial service providers.\u201d The author explores the ways in which blockchain technology, necessary for most P2P firms, works \u201cby reducing transaction costs and removing intermediaries, blockchain technology is poised to increase mass peer-to-peer collaboration, which could make existing financial organizations unnecessary. This ingenious tech is demystifying the existing layered financial systems and shifting the way financial institutions conduct transactions.\u201d<\/p>\n

***<\/p>\n

CNBC<\/a> discussed how startups often source P2P firms as a way to access capital before reaching the stage of VC funding. The author explains that \u201csmall business loans and lines of credit are now available from many providers.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

News from around the world Market Insider reported on the the second annual summit for Online Lending Policy Institute in Washington, DC. The author explains that the meeting is designed to be an \u201copportunity for industry participants to share insights, propose standards, and have an open dialogue with regulators and policymakers to build consensus viewpoints […]<\/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-8841","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\/8841","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=8841"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/8841\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=8841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=8841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=8841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}