Fintech Startup Tribe Receives Investment From BearingPoint

Norway-based fintech startup Tribe has reportedly received an investment from independent management and technology consultant, BearingPoint. According to Tribe, the new investment will bring it and...

Congressman Patrick McHenry Slams CFPB, Labels Project Catalyst a Failure

The Consumer Financial Protection Bureau (CFPB) was created out of the ashes of the Great Recession. A knee jerk-reaction crafted by elected officials attempting to fix what went wrong, the controvers...

Troubled: Canadian Mortgage Lender Home Trust Obtains $2B Loan Facility

Home Capital Group Inc. (TSX: HCG) announced that its subsidiary, Home Trust, has reached a non-binding agreement in principle with a non-disclosed institutional investor for a credit line in the amo...

WorldRemit Announces Partnership With Tigo Money Subsidiaries for Mobile Money Transfers Services to El Salvador and Guatemala

Digital money transfer service WorldRemit announced on Thursday it has formed a partnership with Millicom’s subsidiaries Tigo Money to open up new remittance routes to El Salvador and Guatemala. Thi...

Gina Miller crowdfunds £300,000 to unseat pro-Brexit MPs

Nearly 11,000 people have donated to Best for Britain, with several giving the maximum donation of £499

Germany: Lawmakers Must Strengthen Market for Investment Crowdfunding

Jamal El Mallouki, CrowdDesk CEO and current Chair of the German Crowdfunding Association (Bundesverband Crowdfunding), wants to boost the German crowdfunding market and affiliated regulatory framewo...

Fintech Charter Update: CSBS’ John Ryan Sheds Light on US State Regulators vs. OCC Lawsuit

US state regulators have filed a lawsuit against the Office of the Comptroller of the Currency, upping the ante in an increasingly bitter dispute over the federal agency’s plans to offer bank ch...

CFPB Orders Servicemember Auto Lender SNAAC to Pay Refunds & Fines

Today, the Consumer Financial Protection Bureau (CFPB) took action against Security National Automotive Acceptance Company (SNAAC), an auto lender with headquarters in Ohio, specializing in loans to s...

Insurtech, Fintech, & Big Data Trends To Be Addressed At FutureTech Congress in Warsaw Next Month

Business summit FutureTech Congress is set to be held on May 24th and 25th in the city of Warsaw. According to its organizers, the event is set to address various trends in the insurtech, fintech, and...

Gnosis Sells 250K Ethereum Immediately. Gets $300M Market Cap

Gnosis, a decentralized prediction platform built on the Ethereum blockchain that uses crowdsourcing as a source for forecasting, has raised $12.5 million in its first initial coin offering. This init...

South Korean Life Insurance Company Kyobo Life Tests Blockchain

Last week, the South Korean government selected life insurance company, Kyobo Life, to pioneer blockchain technology for the money payments of commercial insurance. This new project aims to create a f...

NextGen Announces Finalists for Crowdfunding Video Awards

Crowdfund Beat News Wire, NextGen Announces Finalists for Crowdfunding Video Awards Season Finale, Recognizing the Year’s Most Creative Campaign Videos NextGen Crowdfunding® – the leadin...

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