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Could the 2009 subprime mortgage crisis have been avoided with blockchain?

BankNXT

Could the 2009 subprime mortgage crisis have been avoided with blockchain? The subprime mortgage crisis, and why distributed ledgers would have been instrumental in lessening its impact. Story by George Samman. on BankNXT.

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LendingClub Settles With SEC, DOJ

PYMNTS

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. Attorney Alex Tse. million Series C round in April of 2010.

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FinTech Innovation in Southeast Asia

Let's Talk Payments

Embracing the Southeast Asian digital revolution in financial technology, FinTech seems to be exploding with quite a lot of startups having been established from 2009 onwards. The breadth and depth.

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What Customer Intimacy Has To Do With Payments

PYMNTS

Back in 2009, the Apple iStore and Facebook Connect had just come out, and a group of friends and I saw these disruptive forces and thought that we could harness them and build a social payments app. BC: As an investment banker, I didn’t find meaning in advising in transactions. The best example of this is the founders of Airbnb.

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Are central banks getting on board with blockchain?

NCR

Not so long ago, blockchain technology was still something of a peripheral concern for most traditional financial institutions. Indeed, Ms Brainard’s comments highlight how the Fed is taking a much closer interest in blockchain and what it can offer to the financial services sector. appeared first on Banking.com.

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3 Strategies Goldman Sachs can use to build a Fintech powerhouse

Lex Sokolin

There are, all of a sudden, a lot of deals being done across financial technology. Unlike Goldman, Schwab has a real consumer footprint with a relatable, non-alienating brand, and deep consumer technology. But putting capital to work and owning the technology network on which the money travels are very different things.

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Finovate Alums Earn Spots in FinTech Forward 20 “Companies to Watch”

Fintech Labs Insights

Founded in 2009. Alkami Technology ( FS09 – as iThryv). Founded in 2009. Commenting on its spot on the list, Finovate newcomer InSpirAVE founder and CEO Om Kundu said that the recognition was a “testament that our patent-pending technology enables financial institutions partnering with us to set themselves apart.”

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