Finextra: Consider the positives in the way that we do things, against the background of the current pandemic. For the sake of us all, it's important to try to keep things going, learn and make all the positive moves for improvement that we can during this lockdown.For most companies, the time to make radical changes is when business is quiet or de...
Madiston News
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As thousands of financial services employees begin to work remotely, how do you get the most from your team? How do you make the most productive use of the time? How do you make sure you move your business forward and not stand still or go into reverse over the next few challenging months?The situation, particularly at the heart of Lond...
Finextra: Most of us have never experienced times like these before but, while the medics deal with the health crisis, we - the financial services and FinTech sectors - have a crucial role to play in minimising the economic impact.To keep the economy moving, we have to keep working. Those set up to run their businesses remotely online can continue ...
Thanks to Sir Tim Berners-Lee we have the ability to talk face-to-face with vulnerable members of our families, without being near them. We have the ability to work with our colleagues, without being in the same room as them. And digital businesses have the ability to carry on working to keep the economy going through this temporary cri...
There are three rhino species currently on the critically endangered list, and while monetary greed has been the leading force of this demise, it was a cryptocurrency, Rhino Coin, that was set up to help save the rhino. Also on the endangered list could be the Norwegian Krona, the Swedish Krona and the Finnish Euro (in Finland, the Markka beca...
Madiston plc, digital lending software vendor, has the findings of the recent The Bank Director's 2019 Technology Survey at the heart of its Digital Banking platform. Three key points from the survey: Banks top objectives: 72% of survey respondents say fuelling efficiency. 78% say improving the customer experience.Areas of IT spend: 68%...
Finextra: In the recent Altfi "Peer to Peer Lending State of the Market 2019" report, Jonathan Segal, Partner at Fox Williams, predicted that higher value lending could be the next trend in P2P. Madiston plc, digital banking and capital markets software provider, supports this view having seen new opportunities emerging in direct lending marke...
The lending landscape has changed and online direct lending, with many flavours from Peer to Peer Lending to International Institutional markets, being established. Whatever you're planning to offer your lenders (investors) and borrowers, what should you be considering when selecting your new digital lending software? Here is our checkl...
Finextra: Peer to Peer Lending and many other online direct lending software models are changing. We have studied different models in the online loans market for over a decade and there have been significant shifts away from lenders' self-selecting their loans; visible loan auctions; and highly parameterised lender auto-lending tools.Why the change...
Peer2Peer Finance News: "PEER-TO-PEER lending software provider Madiston has launched two new products, to encourage the growth of "ethical lending" in the personal loans space. One of the products, salary deducted loans, enables employees to authorise their employers to pay their loan repayments directly from their salary, while gaining a reductio...
Online Direct Lending can add profit to existing or new financial services firms. But the key to achieving profitability is in the lending software.The first major Peer to Peer Lenders were rightly hailed as an alternative to bank lending, offering a better deal for borrowers and lenders. They successfully did things differently from the bank...
"Buying versus building" online direct lending software - the dilemma facing financial services firms looking to meet the speed and service that Millennials and GenZ will demand from their loan provider. So what are the considerations for each and which should win the battle for precious IT budget:> SPEED TO MARKETNo doubt the approv...
Madiston plc's marketplace lending software platform has been deployed by Carilend Ltd, the first Peer to Peer Lending (P2PL) business to launch in the Caribbean region.With billions sitting idle in commercial banks across the Caribbean, Carilend will enable investors to earn higher returns, and borrowers to access credit more conveniently, thereby...
Online direct lending and the technology to support it (like Madiston's own global software platform) was explored at LendIt Europe 2017 in London, alongside Open Banking and the imminent seismic changes that could follow new regulation, PSD2 and GDPR. So what were the visions for the future?Open BankingImran Gulamhuseinwala OBE, Trustee of the Ope...
Extract from Fintech.Finance article"We were delighted to be the first P2P platform to receive our licence to help small businesses borrow to finance their growth. Our technology helped us to achieve this. When we first launched consumer lending, we chose Madiston's software because it was ready to go with what we needed but also gave us the abilit...
"UK based Madiston has shared that FinBee, the first licensed peer to peer lender for SMEs in Lithuania, has launched using Madiston tech. FinBee has already been in operation providing consumer loans using the Madiston platform. The company is extending the arrangement to move into small business lending."Click to read full article: SME P2P ...
crowdfundinsider.com"Madiston LendLoanInvest is entering the Lithuanian market having partnered with Finbee on a joint venture to offer peer to peer lending services. Madison has provided Finbee with its lending software and has become a shareholder in the company. This is the second P2P lender to have set up shop in Lithuania – a country that has ...
crowdfundinsider.com"Peer to Peer lending is experiencing dramatic growth in the UK (and around the world). While traditional loans have, in some categories, lagged the economic expansion, P2P is booming. In fact UK businesses have benefited from over a half a billion in funds and consumer P2P lending may have reached over £1 billion at the end of ...