credit

Even Financial Buys Birch Finance, Ventures Into Credit Cards
Even Financial Buys Birch Finance, Ventures Into Credit Cards
October 31, 2018  |  Partnerships / Acquisitions

Even Financial announced it has acquired personal finance app Birch Finance for an undisclosed sum. San Jose-based Birch offers a mobile and web application that...

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Late Payments A Growing Problem In Western Europe
Late Payments A Growing Problem In Western Europe
October 30, 2018  |  B2B Payments

Late payments, as tracked by Atradius, are a growing problem across Western Europe, and insufficient availability of funds remains the culprit. Elsewhere, studies show that Slovakia...

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Moody’s Sees Improving Charge-Off Climate
Moody’s Sees Improving Charge-Off Climate
October 25, 2018  |  Loans

Moody’s said in its latest reading of the “pulse of the consumer” that in viewing the charge-off rate, growth had slowed among the largest U.S....

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B2B Payments Firm PayMate Enters SMB Lending Market
B2B Payments Firm PayMate Enters SMB Lending Market
October 15, 2018  |  B2B Payments

India-based PayMate is expanding its offering beyond B2B payment services as it steps into the small business (SMB) lending market. Reports in The Hindu BusinessLine...

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Will Risky Supplier Financing Light The $1.3T Debt Bomb’s Fuse?
Will Risky Supplier Financing Light The $1.3T Debt Bomb’s Fuse?
October 12, 2018  |  Debt

Stock markets around the globe seem to be in freefall. Interest rates are marching higher. Sears, at least at the time this article, is prepping for...

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Brex’s Plan For Its New $125M In Funding
Brex’s Plan For Its New $125M In Funding
October 12, 2018  |  Investments

When Brex CEO Henrique Dubugras first started out as an entrepreneur, his first destination wasn’t finance — it was virtual reality (VR) technology. But that changed...

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Divvy Lands $30M To Disrupt The Homeownership Model
Divvy Lands $30M To Disrupt The Homeownership Model
October 10, 2018  |  Investments

Homeownership startup Divvy announced that it has raised $30 million in equity and debt from Andreessen Horowitz, with participation from seed investors Caffeinated Capital, DFJ...

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Will Square’s Stock Drop Shift Attention To Credit Risk?
Will Square’s Stock Drop Shift Attention To Credit Risk?
October 09, 2018  |  Earnings

Shares of Square dropped more than 8 percent on Monday (Oct. 8), as a bear on the Street said the firm is taking on credit...

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ICC Taps Global Credit Data To Broaden Trade Risk Analysis
ICC Taps Global Credit Data To Broaden Trade Risk Analysis
October 08, 2018  |  B2B Payments

The International Chamber of Commerce‘s (ICC’s) Banking Commission is collaborating with bank-owned database Global Credit Data (GCD) to broaden the scope of the ICC’s Trade Register,...

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