Today Assetz Capital, one of the UK’s largest and fastest growing peer-to-peer finance platforms, revealed it was raising the interest rate on its popular 30 Day Access Account (30DAA) by 0.5% to 4.75% for a limited time. The 30DAA allows peer-to-peer lenders to invest automatically in loans and features automatic diversification to spread risk.
All content with RSS
Mettrr Technologies has become the first company to provide financial returns for its crowd investors through a secondary share sale via a crowdfunding platform. It comes just six months after Crowdcube announced that it would pioneer secondary liquidity on its platform, delivering on its mission to help investors realise their investments.
Today Starling Bank and Moneybox revealed their partnership providing Starling Bank customers with seamless access to Moneybox’s suite of saving and investing tools. Starling is the first digital challenger to join the list of banks supported by Moneybox for their innovative round ups feature.
The service will be available to Starling customers as early as the end of April. The mobile bank’s customers will be able to link their Starling account to Moneybox, round up their purchases to the nearest pound and invest the spare change.
Today the Consumer Financial Protection Bureau (CFPB) proposed to facilitate compliance with the 2015 updates to the Home Mortgage Disclosure Act (HMDA) rule. The changes proposed today would help financial institutions comply with the 2015 HMDA Final Rule by clarifying the information they are required to collect and report about their mortgage lending.
An overwhelming 97% of businesses see IT as a strategic asset when it comes to branch retailing, according to the latest research from Zynstra, an enterprise-grade IT software provider. Seven in 10 respondents said IT could enable them to meet future demands by helping to reduce operating costs, speed up roll-out of new stores, support new business opportunities and streamline IT management.
The Vietnamese mobile operator Mobifone and the mobile payments company Fortumo are today announcing the launch of carrier billing on Google Play.
Over 25 million Mobifone subscribers can now purchase apps and in-app content from the app store by charging payments to their phone bill.
CIMB Group today announced the coming appointment of Olivier Crespin as the Chief FinTech Officer for its newly set-up unit, CIMB FinTech, which is a standalone unit that will actively explore new, innovative banking solutions.
B2 Payment Solutions Inc. (B2), an organization providing products and services for the payment industry, announced today the launch of a newly-redesigned website. Whether organizations want to easily order products online via the new eCommerce site, learn more about electronic payments with eLearning modules, or easily access the customer portal to download updates on current products, B2’s new website now offers all of this in one place.
Writing more and more about chatbots, robots and AI, I can see a day coming in the not too distant future where we won’t be able to tell the difference between the human and the machine. That’s not scary science fiction, as it’s now almost science fact. However, there is still a long way to go as demonstrated by IBM’s Watson Avatar.