AROUND THE WORLD
The biggest peer to peer lending conference LendIt has its LendIt Europe coming up in just a couple weeks. The conference takes place on October 10 and 11 in London. There’s still a chance to get discounted tickets if you want to go.
This Bloomberg article goes into how Europe’s first securitization and sale of portfolios of peer loans is nearly complete. All loans are from UK based Zopa and valued at $179 million USD.
Australian news site News.com has some good commentary on the impact of the new regulatory environment for China’s many p2p lenders. China is by far the largest p2p lending market so we are constantly watching what goes on there to see if some of what is implemented there makes its way Westward.
Business Insider reports how banking industry is more and more viewing fintech companies as potential acquisition targets to get access to new technologies and innovations that the fintechs have been offering.
Blockchain based payments solutions are about to get a big boost following the news that major banks have teamed up to launch a new blockchain network on distributed financial technology, an initiative to be known as “Global Payments Steering Group”.