Madiston News

LendIt Europe 2016 and software for Peer to Peer Lending:

Reflections of LendIt Europe 2016 There was a distinct change in mood at this year's LendIt Europe conference in London as the industry moves into its next stage of development. Turnover growth is giving way to strategies based on profit, sustainability and long-term vision. Flexibility of platform, data aggregation and analytics were just some of ...

What is the safest, quickest way to launch a new online lender or digital bank?

 There are a number of obvious hurdles like regulation, prudential requirements, experienced workforce but gone are the days that "technology" is one of those hurdles.You used to see eye-watering sums of money spent on technology just to get to launch, only to discover six months later, the tech that you thought you needed, only does half the ...

Proven profitable expansion triggers resuscitation of retail P2P lending & borrowing

Peer to peer lending and borrowing (P2P), or more particularly, consumer P2P, is not dead, it has just been beaten up by bad actors, bandwagon jumpers and poor execution! In 2009 the notion for P2P was that "technology would take the strain" and it would beat banks at their own game. Unfortunately, that promise has not been delivered by many. Poor ...

Critically Endangered Cash

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...