Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
DFA has been tracking the progress of Peer-to-Peer lending, and it continues to grow fast round the world. Here is a summary from the Lending Mag covering the best U.S. Peer-to-Peer Lending Sites for Borrowers. It is quite interesting comparing the different business models, charging structures and sheer scale of lending through this channel. In … Continue reading “Peer-To-Peer Lending, The US Experience”
I caught up with Aris Allegos, co-founder of Moula, the Australian online unsecured lender to small business which has been operating for about a year. In that time, business has been growing, with about 250k a week being lent currently, to about 30% of applicants who apply. As we highlighted previously, alternate funding for SME’s … Continue reading “SME’s Can Get Some Moula”
Interesting article from Bloomberg Business on the continuing morphing of P2P lending into the main stream, and potentially wrapped up into derivatives. It began with a seemingly wacky idea to reinvent banking as we know it. But no one is scoffing at peer-to-peer lending anymore — least of all, Wall Street. Barely a decade old, … Continue reading “Wall Street’s Thinking About Creating Derivatives on Peer-to-Peer Loans”
The final report of the Financial Systems Inquiry was released on Sunday. We already provided a summary of the 44 recommendations and discussed some of the specific proposals. It is of course a report to Government, so still a political process will run before we see what translates into policy, though some recommendations – for … Continue reading “Reflections on FSI”
Using the latest data from the DFA channel preferences survey, last published in the report “The Quiet Revolution“, today we chart the top line digital banking scorecard, from the demand side, looking at different household groups, and on the supply side what banks are doing to embrace digital. The rate of change in terms of … Continue reading “Digital Banking Gap Is Accelerating”
On the day, Sarv Girn, the Chief Information Officer at the RBA gave a speech entitled Digital Disruption – Opportunities for Innovation and Growth to the Committee for Economic Development of Australia (CEDA), the AFR reports that Peer-to-peer lender SocietyOne has attracted the interest of James Packer and Lachlan Murdoch, although nothing is signed yet. … Continue reading “Is Peer To Peer Lending Going Big Time?”