IRA Services Launches P2P Lending’s First Cloud-based API Driven Retirement Investment Solution

CrowdFund Beat News Wire,

bS4xLjI0NjUwMy42MTEx

 

 

 

 

 

San Carlos, CA — (April 6, 2016) – IRA Services, the leading provider in custodial trust solutions for non-exchange traded investing, is pleased to announce that it will be unveiling the ISCP™, the first and only real-time cloud-based API driven retirement investment solution for the P2P industry, at LendIt 2016, the world’s largest conference connecting the global online lending community taking place on April 11-12 at the San Francisco Marriott Marquis.

The ISCP ™ allows real-time access to over $12 trillion dollars of capital for the P2P industry by providing platform investors with the ability to effortlessly fund their P2P and Crowdfunding investments through their 401(k) and IRA accounts.

Since the inception of online lending, P2P platforms have had to rely on outdated Self-Directed IRA (“SDIRA”) paper-based processes and infrastructure.  P2P platforms have grown increasingly frustrated in their inability to offer retail customers a simple and cost-effective way to purchase notes using 401(k) and IRA retirement accounts. This lack of automation and integration not only hinders a P2P platform’s ability to scale, it prevents retail investors from maximizing the benefits of tax-deferred P2P investing, such as stronger risk adjusted retirement returns.

As the industry’s first hi-tech retirement investment solution which replaces antiquated legacy systems with a highly-secure web services interface between the trust custodian and the online finance platform, the ISCP™ resolves these deficiencies allowing for a seamless, real-time, inexpensive, painless, and easy to use investment experience.

LendIt attendees will have an opportunity to experience the functionality first hand by visiting booth number 806 at LendIt’s exhibit hall. The IRA Services team will also be available for private meetings and demonstrations.  In addition to sponsoring and exhibiting, IRA Services Chief Strategy Officer, Todd Yancey, will be delivering an illuminating presentation on Tuesday, April 12th from 2 to 230pm PST that will highlight how the shortcomings in current SDIRA infrastructure has resulted in significant investment loss to online lending platforms, and how – through advanced cloud-based API technology – these platforms will now be able to access 12 times more capital by leveraging 401(k) and IRA accounts.

Crowdfinance SDIRA Expert, James A. Jones, referred to the ISCP™ as “an industry game-changer.” He stated, “The ISCP™ completely disrupts the $100 billion SDIRA industry from a cumbersome time-consuming paper-based process to a state-of-the-art fully digital process. ISCP’s real-time transaction processing and bank-grade security enables tax-deferred micro alternative investing to scale to millions of investors with 401(k) and IRA accounts.”

About IRA Services Trust Company

With over $6 billion in assets, IRA Services Trust Company has a 37-year history of specializing in custodial trust solutions for non-exchange traded assets. Today, IRA Services is emerging as the leading innovator of hi-tech SDIRA solutions. The company’s recently introduced ISCP™ is the first scalable, bank-grade secure, cloud-based retirement investment solution for the next-generation of P2P and Crowdfunding investing. By providing an SDIRA integration solution that finally allows financial platforms to seamlessly transact real-time investments from 401(k) and IRA accounts, IRA Services is enabling peer lending and equities crowdfund platforms, as well as traditional financial services providers with the ability to significantly grow their retail account base and increase assets under management. Additional information can be found at https://www.iraservicestrust.com/.

Tags: , , , , , , ,

HEADLINE NEWS

Marketplace.orgCrowdfunding for your life - MarketplaceMarketplace.org"When I took that phone call, and I learned that this was just going to completely uproot my whole life, I'd say I spent maybe 10 seconds or so only freaking out ...and more » [...]

Omaha World-HeraldCrowdfunding offers easier way to ask for college cashOmaha World-HeraldMore 529 plans, the accounts that give families a way to put away cash for college, are adding crowdfunding-like tools that make it easier for savers to ask family and friends to contribute to a [...]

CNBCWeSearchr: crowdfunding platform becoming home for alt-right causesCNBCIn less than two months, "Daily Stormer vs. SPLC Legal Defense Fund" raised more than $155000 on the WeSearchr platform.and more » [...]

ForbesThis $130 Million Fund Is Leading The Way In Real Estate CrowdfundingForbesWhen people think of crowdfunding, the first word that jumps to mind is Kickstarter. But crowdfunding is not limited to supporting the next card game or independent film. Crowdfunding is becoming a viable [...]

TIMEA Crowdfunding Effort Launches to Commemorate Khadija Saye, Artist Killed in London InfernoHyperallergicOn Saturday, friends and supporters of the artist Khadija Saye — who died in the devastating Grenfell Tower fire in west London last week — launched a crowdfunding campaign to c [...]

CBS NewsNow you can crowdfund a 529 college savings plan - CBS NewsCBS NewsIt's getting easier to have friends and family add their contributions to these accounts for college savings.and more » [...]

Business InsiderCrowdfunding for medical expenses - Business InsiderBusiness InsiderAlmost half of the money raised on crowdfunding sites like GoFundMe and YouCaring is going toward medical expenses. Medical campaigns make up $930 ...Americans Losing Health Insurance Turn To Crowdfund [...]

PCGamesNAshes of Creation is having a special summer crowdfunding campaignPCGamesNFollowing its massively successful Kickstarter that raised over $3.2 million, Ashes of Creation developer Intrepid Studios are extending their crowdfunding efforts with a summer campaign. Designed for th [...]

Forbes"Make Yourself Available" - An Audio Entrepreneur's Tips For Successful CrowdfundingForbesIt takes a brave individual to launch Bluetooth speakers and headphones into a crowded audio market. Take a stroll around your local consumer electronics stores and you' [...]

Lompoc RecordTrikke Tech consolidates operations in Buellton, launches ...Lompoc RecordTrikke Tech Inc. has consolidated all its operations at a new location in Buellton and launched a crowdfunding campaign to help the company expand and ...and more » [...]

CFB Finance

Syml
Lst Val
+/- Val
+/- %

Marketwired

  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |