Peer-to-Peer

Aug
02

Disrupters in battle for access to credit data

This is will be an ongoing battle for all players in the industry! Control of customer credit data is emerging as a flashpoint between banks and peer-to-peer lenders despite the introduction of the comprehensive credit reporting regime, which disrupters say is inadequate to allow competition to thrive in the digital world. Matt Symons, the chief […]

By Cameron Dart | Banking . FinTech . Peer-to-Peer
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Jul
14

Peer-to-Peer

Peer-to-Peer Peer-to-Peer is perhaps the biggest driving force behind FinTech. By using technology to directly link peers you can increase efficiency and reduce the points of contact in any transaction. As each point of contact requires some form of payment for their facilitating role they simply add additional costs and complexity. Consider a loan from […]

By R.James | Peer-to-Peer
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Jun
22

P2P lender ThinCats Australia on prowl for strategic investors, potential IPO | afr.com

ThinCats Australia is looking to capitalise on investor interest in peer-to-peer lending, as it gears up for a potential initial public offering and holds talks with strategic investors.It’s understood ThinCats Australia, backed by UK-parent ThinCats, is in discussions with private equity firms, credit unions and accounting firms about a strategic investment. The company, which launched […]

By Cameron Dart | Peer-to-Peer
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Apr
11

Banks look vulnerable as lucrative loans market gets personal online

Mike Israel is at the forefront of a trend that some reckon could disrupt the very lucrative business of lending money to consumers and businesses. An information technology worker in his 50s, Israel is one of a growing number of people pocketing a piece of the major banks’ healthy profits, by lending their savings directly […]

By Cameron Dart | Banking . Borrowing . FinTech . Investing . Peer-to-Peer
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Apr
02

Fintech split on lower regulatory hurdles

Challengers to the banks and global payment giants disagree on whether there should be an easing of regulations for finance start-ups, a major recommendation of the Murray inquiry.Peer-to-peer lender RateSetter Australia argues current regulations are adequate and flexible enough. It said “graduated” regulation applied based on the company’s risk to the financial system suggested by […]

By Cameron Dart | FinTech . Investing . Peer-to-Peer
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