consumer lending

Capital One, Discover Tighten Credit Limits As Debt Peaks

Capital One, Discover Tighten Credit Limits As Debt Peaks
Capital One, Discover Tighten Credit Limits As Debt Peaks
October 29, 2018  |  Debt

Capital One Financial and Discover Financial Services, two of the largest credit card issuers in the country, are tightening lending standards, which is reportedly an...

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Thinking ‘Differently’ Than Ant, Pintec Makes Its Post-IPO Plans
Thinking ‘Differently’ Than Ant, Pintec Makes Its Post-IPO Plans
October 29, 2018  |  IPO

Pintec Technology Holdings Limited may not be a household name in the U.S., but it ended last week with a some very strong results on...

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Amex Reports Card Member Spending Up 8 Pct In 3Q
Amex Reports Card Member Spending Up 8 Pct In 3Q
October 19, 2018  |  Earnings

American Express posted results Thursday (Oct. 18) that showed increases in card member spending and a boost in lending activity. Get the Full Story Complete...

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Pew Pushes Installment Loans As Regulated Payday Alternative
Pew Pushes Installment Loans As Regulated Payday Alternative
October 17, 2018  |  Alternative Finances

Short-term lending – specifically, payday loans – have attracted a lot of attention in recent years, from the media and from the regulators. Get the...

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Marcus Buoys Goldman’s Growth
Marcus Buoys Goldman’s Growth
October 16, 2018  |  Earnings

Goldman Sachs booked a 4 percent year-over-year revenue increase for the third quarter of 2018, with that growth powered in part by increased lending through...

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Petal Debuts No-Fee Credit Card For Underserved
Petal Debuts No-Fee Credit Card For Underserved
October 02, 2018  |  Payment Methods

Petal, the startup credit card company, announced on Tuesday (Oct. 2) that its credit card is now available via the company’s website. Get the Full...

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Flipkart Launches Cashless Credit, Eyes Non-Banking License
Flipkart Launches Cashless Credit, Eyes Non-Banking License
September 20, 2018  |  Retail

Flipkart has launched a cashless credit program to give shoppers an instant credit line of up to Rs 60,000 ($833.97 USD). According to DealStreetAsia, depending...

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Flipkart Reportedly Rolling Out Payment Services
Flipkart Reportedly Rolling Out Payment Services
August 30, 2018  |  Payment Methods

Flipkart, the eCommerce giant based in India, is getting into the financial services industry with two new products. Get the Full Story Complete the form...

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 Taking Stock Of The Banks Scrambling For Blockchain
 Taking Stock Of The Banks Scrambling For Blockchain
August 29, 2018  |  Blockchain

Blockchain technology is making ever-more inroads into various verticals to convey data and payments, according to a recent report from audit, assurance, consulting and tax services provider...

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