Newsletter Sent On: 01/29/2024

debanked lands on Saturday Night Live Read more

The Story Behind the Broker Battle Champion
This Top Broker's Story Read more

First Ever Domain Name Loan by Smart Contract Was Executed on Ethereum
The first-ever loan collateralized by a domain name was completed on the Ethereum blockchain. The domain name was tokenized into a non-fungible token (NFT) and offered as collateral on an NFT loan marketplace, with the smart contract releasing the domain name to the lender in the event of a loan default. Read more

AMEX: 'We're not seeing small businesses spend more'
Stephen Squeri, the CEO of American Express, reported during the company's Q4 earnings call that existing small businesses are not spending more than they did the previous year, a trend he perceives across the industry. Despite this, he stated that demand remains strong for loans and credit cards from small businesses on their platform and that the credit quality continues to be robust, with write-off and delinquency levels lower now than pre-pandemic. Read more

Bluevine Partners With Allpoint
Via Read more

Financial Service Associations Urge Legislation on IRS Income Verification
The IRS has announced that it will restrict the issuance of income verification data to mortgage firms for the sole purpose of obtaining property mortgages. This move has drawn criticism from various financial service associations, prompting them to urge Congress to pass H.R. 3335, also known as the IRS eIVES Modernization and Anti-Fraud Act, with the aim to prevent disruptions to lending industries. Read more

National Funding Celebrates 25 Years
A major milestone for National Funding Read more

Like Sales Competitions?
Watch this show deBanked produced Read more

The CFO's Role in Fintech Evolution
Via Forbes Read more

Bond King Thinks Unemployment Numbers are Rigged
Via Fox Business Read more

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