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Peer2Peer Finance News | September 23, 2019

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Kuflink

P2P lenders eschew Silicon Roundabout

April 18, 2017 |

PEER-TO-PEER lending may be one of the central elements of the UK’s burgeoning fintech sector but the majority of platforms seem to be eschewing the government’s much flaunted Silicon Roundabout as a base.

The area around Old Street and Shoreditch in … Read More

Industry urges for standard default definition

April 6, 2017 |

Peer-to-peer lenders are backing calls for a standardised definition of defaults in the sector.

Although actual default rates are low, the definition of when a loan has failed is not consistent across all platforms, making it harder for investors to … Read More

Here’s what the P2P sector thought of the FCA feedback

December 9, 2016 |

The Financial Conduct Authority (FCA)’s interim feedback on its review into crowdfunding indicated tougher regulation ahead. Here’s some of the P2P industry’s initial thoughts.

 

James Meekings, Funding Circle’s co-founder and UK managing director

“We welcome the FCA’s review … Read More

Fighting fraud

November 11, 2016 |

Where there is money changing hands, the risk of fraud is always present. But in the rapidly-growing P2P sector, new risks are emerging and new solutions are being developed…

Between the Lending Club scandal and the ongoing crisis in China, … Read More

Kuflink hires Contego to bolster fraud checks

September 28, 2016 |

KUFLINK has hired fraud detection firm Contego to bolster its anti-money laundering checks.

The peer-to-peer platform, where loans are secured against property, said that implementing effective fraud mitigation and risk management is crucial for them to stay competitive.

Read More