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Peer-to-peer body to ban institutional ‘cherry-picking’
www.ft.com

The trade body for the fast-growing UK peer-to-peer lending industry is preparing to introduce a rule against allowing institutions to cherry-pick the most desirable loans at the expense of retail investors.

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Where Peer-to-Peer Loans Are Born
www.bloomberg.com

WebBank provides the money that gets it all started

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Are banks facing their Uber moment?
www.linkedin.com

Bank of England Governor Mark Carney tells the Davos World Economic Forum that we’re looking at “an Uber-type situation” for banking: just as the simple car-hailing Uber-app has suddenly turned the traditional taxi industry on its head, Carney sees an “imminent” threat to established banks from unregulated, disruptive financial technologies.

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No Credit Score, No Problem: Alternatives To A Number
www.pymnts.com

A damaged or non-existent credit history doesn’t have to prevent a small business from getting the funding they need. From merchant cash advance and peer-to-peer lending to online marketplaces, more than any other time in the past, business owners have options.

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Is alternative finance increasing entrepreneurial opportunity?
www.opendemocracy.net

Peer to peer lending is finally starting to gain traction but not enough people are aware of its possibilities.

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A Real-Life Comparison: OnDeck vs. LendingClub Business Loans
www.fundastic.com

Since launching our 0.25% rebate program, we have helped a number of business owners get loans through our partners.

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Metro Bank agrees tie-up with peer-to-peer lending site Zopa
www.managementtoday.co.uk

The challenger bank will lend funds through the website’s marketplace.

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http://www.americanbanker.com/news/bank-technology/regulatory-road-likely-to-get-bumpier-for-alternative-lenders-1074363-1.html
www.americanbanker.com

“It costs as much to underwrite a $150,000 loan as it does to write a $1 million loan,” Mills explained.

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