The Online Bank Insurgency Of 2020 from Forbes – Some great stats here on digital banking penetration from Ron Shevlin from a new study: 14.2 million Americans—6% of US adults with a checking account—now consider a digital bank to be their primary bank.
New York Passes Small Business Lending Disclosure Bill from Bloomberg Law – New York has passed a bill that will require lenders to disclose terms such as an estimated annual percentage rate, the total repayment amount, and other fees or costs of financing extended to small businesses.
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.