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Tearsheet Weekly

By Tearsheet Editors -- April 28, 2019
Mastercard and Harvard Business Review released a new survey on fintech's impact. Mastercard's chief product officer Michael Miebach explains to Tearsheet how the best positioned FIs will leverage tech opportunities in the future.

Cloud technologies are not just a way to reduce costs, but also rethink financial services. Google Cloud's technical head for financial services joins us to talk about what top companies are doing right with the cloud.

Many products and services have been reframed as subscriptions. A set of EY researchers believes that too will happen in financial services. Financial services subscription are coming, in 4 charts.

Young students were practically shut out of the credit system -- even worse for foreign students. New credit card company Deserve uses data to issue credit cards to foreign students.


LendingClub has changed tack on its growth plans for SMB lending. With new partnerships with Funding Circle and Opportunity Fund, look for the lender to announce more lending partnerships.

Payments and ecommerce platforms are converging and they're doing it across channels. As Square relaunched its Online Store, Shopify introduced three new pieces of retail hardware
What we're reading
E*Trade close to launching cryptocurrency trading

'Over $10 billion': Has PayPal eclipsed OnDeck in SMB loans?

Tesla to use Autopilot data for insurance product

Venmo has 40 million accounts, outnumbering most big bank

Omidyar Network spins off Flourish, a financial inclusion venture fund 

SoftBank to invest $1B into Wirecard in new fintech partnership

More crypto antics: NY prosecutors allege Bitfinex covered $850M loss with Tether funds

Who's the real challenger? The paradoxes of digital consumer banking in the US

How to get paid early: Salary advance is a growing trend

Affirm spins out Resolve to launch payments platform

JPMorgan expands blockchain project with 220 banks to include payments

How fintechs would fare in a recession
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