During the week I share the latest marketplace lending and fintech news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here.
How AI will change banking from Chris Skinner’s Blog – We reported last week on the new report out from the World Economic Forum on the impact of AI on banking. Chris Skinner has a a great roundup of the key findings of the report.
Goldman Sachs opens retail bank Marcus in UK from Financial Times – We knew this was coming but today they made it official. Marcus has opened for business in the UK and is now accepting deposits at what the Financial Times says is the highest interest rate in the country.
The future financial world is here from Chris Skinner’s Blog – Great piece by Chris Skinner on the future of finance and how we will soon live in an on-demand world for all financial services.
Litigation finance industry opens up to private investors from Financial Times – I am a big fan of litigation finance and here is a good primer on the industry from the Financial Times. It includes a mention of fintech veteran Cormac Leech’s new gig as the CEO and co-founder of Axia Funder.
Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.