Marketplace Lending News
June 8, 2017

First Associates Loan Servicing Achieves Industry's Highest Level of Security for Cardholder Data

First Associates Loan Servicing announced today that they received certification of Payment Card Industry (PCI) Data Security Standard 3.2 SAQ D compliance. This comes on top of two other recent big wins for the company; a Morningstar MOR RV1 ranking of 'stable' which is the highest certification to assess operational risk and overall excellence in loan servicing; and winning the LendIt 2017 Top Service Provider award.
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Today, there are so many different opportunities for investment it can be a challenge to identify the best fit for your capital. While equities are often thought to yield high returns with fairly low risk, it takes time for them to fully develop and come to fruition. Alternative investment vehicles are coming into the market that are becoming particularly attractive when investing with a low appetite for risk.

When I began working in the family office and hedge fund worlds in 1992, private investors were looking, foremost, for return enhancement and, secondarily, for diversification. Fast forward 25 years, investors are still looking for return enhancement, but less on the equity side, and rather more for current income. In the early 1990's, hedge funds were a secretive, largely unregulated landscape with virtually no disclosure and very little educational information available for those looking to allocate capital to the space.

Two of the UK's "big three" peer-to-peer lenders have now been fully authorised, ending an agonisingly long period of regulatory limbo in which both firms announced tweaks to their business models. Both Zopa and Funding Circle were authorised in the past few weeks. RateSetter continues to operate under interim permissions. MarketInvoice, the fourth largest UK-based marketplace lender by lending volume, may only be invested in by high net worth individuals and institutions, and so doesn't require these permissions.

In a sign that economic growth may soften ahead, borrowing by small U.S. firms dropped to a six-month low in April, data released on Thursday showed. The Thomson Reuters/PayNet Small Business Lending Index dropped a third straight month in April to 123.1, down 5 percent from last April and the lowest level since October. Movements in the index typically correspond with changes in gross domestic product growth a quarter or two ahead.

June 12 - June 14
The Ritz Carlton
Dana Point, CA

Save 20% with promo code First20SCI2017
June 22
Offices of Arnold Porter & Kaye Scholer
New York, NY 

September 17-19
Fontainebleau Hotel
Miami Beach, FL

Save 15% with promo code FIRSTASSOCIATES15
October 11-13
Fairmont Dallas
Dallas, TX