Technology platform FutureFuel.io announced a collaboration with global payments provider Fiserv that will enable banks and credit unions to bring the FutureFuel.io student loan repayment platform to consumers, according to a Wednesday (Oct. 13) press release. As the emergency federal student loan payment suspension expiration...
At a glance, it could be argued that small business owners have more choices than ever to get the working capital they need, as FinTechs, neobanks and legacy lenders all compete to offer loans and lines of credit. But available options are not always viable...
Oportun, a specialist in low- to moderate-income lending, which services many Latinos, has withdrawn its application for a bank charter. The withdrawal was voluntary, and a report from the company says the CFPB was looking into claims that Oportun had violated consumer protection laws with...
There’s been a confluence of events to set the stage for retail banking’s disintermediation — and for the growth in lending facilitated by online platforms to continue. LendingClub Financial Health Officer Anuj Nayar said regulations have been updated, connectivity has improved, and everyone has computing...
Liquidity is the lifeblood of lending. And liquidity exists only when lenders and borrowers are easily able to find one another, agree on terms, access the capital that’s needed — and distribute that same capital quickly while enabling repayment. As LendingClub Vice President of Member...
When we think of those struggling between paychecks, people making six-figure incomes don’t typically enter the picture. But PYMNTS research continues to find that an alarmingly high percentage of the well-compensated aren’t making it financially from one check to the next. That’s one of several...
When one thinks of those struggling between paychecks, people making six-figure incomes don’t typically enter the picture. But PYMNTS research continues to find that an alarmingly high percentage of the well-compensated aren’t making it financially from one check to the next. That’s one of several...
NFT lending protocol JPEG’d is partnering with decentralized oracle provider Chainlink to enable borrowing using CryptoPunks as collateral. Chainlink price feeds will power DeFi services on JPEG’d and give holders of the high-value NFT collection CryptoPunks the ability to get loans backed by their holdings,...
Embedded lending startup TapWater is now available in beta and has a waitlist in progress for Software-as-a-Service (SaaS) companies and other B2B firms looking to integrate credit solutions directly into their platforms, the FinTech Brain Food newsletter reported. Headquartered in San Francisco, California, TapWater specializes...
