alternative lending

Masa Finance Founder Believes Crypto Credit Scores Are DeFi’s Great Equalizer
Masa Finance Founder Believes Crypto Credit Scores Are DeFi’s Great Equalizer
July 11, 2022  |  Cryptocurrency

If you took the collateral out of decentralized lending, you’d have something not only potentially useful, but scalable into the real economy. So said the...

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Community Loans Plug Funding Hole for Africa’s Mobile Money Agents
Community Loans Plug Funding Hole for Africa’s Mobile Money Agents
July 11, 2022  |  Financial Inclusion

Whether it’s offering bill payments, airtime recharge, funds transfer or remittance services to customers, mobile money agents play a pivotal role in providing access to...

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Interest Rate Hikes Boost Demand for On-Demand Pay
Interest Rate Hikes Boost Demand for On-Demand Pay
June 28, 2022  |  Financial Inclusion

The on-demand economy is growing, and it’s no longer limited to mobility, food and entertainment services like Uber, DoorDash and Netflix. According to Andrzej Nowak,...

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UK Expands Interest-Free Emergency Loans to Needy
UK Expands Interest-Free Emergency Loans to Needy
June 19, 2022  |  Loans

The U.K. No Interest Loans Scheme (Nils), backed by the treasury, will now be expanded to reach up to 20,000 people, a report says. Nils...

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CFPB Wants Credit Reporting Standards in BNPL Sector
CFPB Wants Credit Reporting Standards in BNPL Sector
June 16, 2022  |  BNPL

The Consumer Financial Protection Bureau (CFPB) published a blog post on Wednesday, June 15, indicating that Buy Now, Pay Later (BNPL) lenders and Nationwide Consumer...

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BNPL Rethinks Model as Trying Times Strain Customers’ Wallets
BNPL Rethinks Model as Trying Times Strain Customers’ Wallets
June 07, 2022  |  Buy Now Pay Later

When a House Subcommittee on Financial Services hearing titled “Buy Now, Pay More Later?” was convened last November, it was clear that rising installment debt...

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Are There Clouds on the BNPL Horizon?
Are There Clouds on the BNPL Horizon?
June 01, 2022  |  Buy Now Pay Later

An increase in delinquencies, combined with a slowing economy, could spell trouble for the future of buy now, pay later (BNPL) companies. That’s according to...

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University eCommerce’s OCM Adopts Splitit Installments-as-a-Service Platform
University eCommerce’s OCM Adopts Splitit Installments-as-a-Service Platform
May 17, 2022  |  Buy Now Pay Later

Buy now, pay later (BNPL) provider Splitit on Tuesday (May 17) unveiled an Installments-as-a-Service platform that relies on consumer credit on payment cards to streamline...

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New EU Consumer Credit Rules May Be Approved by Summer
New EU Consumer Credit Rules May Be Approved by Summer
May 16, 2022  |  Regulation

A committee of the European Parliament will vote in June on the proposed Consumer Credit Directive (CCD) with a view to getting final approval in...

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