Fintech

Rock Holdings, the parent company of several notable fintech companies such as Quicken Loans, founded by Dan Gilbert, announced Friday it has agreed to acquire two of the country's biggest online marketing service providers. Rock Holdings has agreed to acquire LowerMyBills, a consumer...

Orchard Platform, a technology and data provider for the online lending space, publishes a weekly review of the online lending sector. The latest report for the week ending September 23 focused on the ABS East Conference in Miami, in which the online lending industry was "well represented." The...

New technology's potential to disrupt the financial services sector has Lloyds Banking Group PLC (ADR) (NYSE: LYG) in London looking for a fintech "czar." The bank is searching for a "Head of Fintech Discovery" as part of its three-year, £1 billion digital transformation plan, according to Business...

Orchard Platform, a technology and data provider for the online lending space, publishes a weekly review of the online lending sector. The latest report, for the week ending September 16, noted a "continued, positive deal flow" for the online lending industry. Of note, GreenSky, an online home...

The insurance technology, or insurtech, industry is still in its infancy. But, a number of startups operating in this industry recently raised millions from top venture investors, according to a report on CNBC. The report said such companies have "partnered with global incumbents, and are offering...

The modern world of finance is all about advanced technology systems, data analysis software, high-frequency trading algorithms and robo-advisors. The financial community has even spawned a name for the rise of financial technology: “fintech.” But while the lower costs and increased...

Certain things for certain places leave an impression on you. For me, there is one thing from my time spent on the trading floor at the Chicago Mercantile Exchange from 1985–1992, that will never escape my mind: the paper. In other words, the tremendous of amount of excess paper that covered...

Peer-to-peer lending was supposed to be a major theme in how individuals borrow money, while also presenting a compelling investment case to investors. However, the recent woes at LendingClub Corp (NYSE: LC) may have ultimately killed the relatively new segment's future following the sudden...

Paypal Holdings Inc (NASDAQ: PYPL) will conduct its analyst day on May 18, and Ashwin Shirvaikar of Citi pointed out a major question that investors aren't asking. "What's missing here is an explicit question about the benefits from PayPay's re-platforming of its technology/software stack,"...

Former NFL linebacker Na’il Diggs recently wrote very candidly for SI.com about his financial struggles during and after his playing career, and why so many highly-paid NFL players end up broke after they retire. Diggs attributes, in part, the irresponsible financial behavior many players...

Fintech has burst onto the scene in the past decade to challenge the status quo of the banking industry. While many companies have begun to pose serious threats to traditional banks, other fintech startups have relied upon suspect business models and reckless lending and spending. The Chinese...

Benzinga announced the categories and finalists Thursday morning for the second annual Benzinga Fintech Awards. Of the 223 companies who took part in the social media competition, 131 have advanced as finalists. Those companies will compete in ten categories: Best Educational Tools &...

FinTech is kind of a big deal. However, the actual market value of this sector is far from being realized. TechCrunch estimates the potential market opportunity to be $138 billion for just one highly-focused area. "Fintech is in the midst of a golden age of investment and innovation,...

The business world is always evolving, but the terminology used to describe the latest technological developments and business innovations can sometimes make them seem much more confusing and complicated than they actually are. Here’s a list of 10 financial buzzwords that you have probably...

Want more fintech? Check out the 2016 Benzinga Fintech Awards The rise of fintech companies has presented many new challenges across the financial industry, from capital markets and financial services, to regulation. One such area that has had to re-think how they operate is compliance....