loans

JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs

JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
April 15, 2022  |  Banking

When JPMorgan reported first-quarter earnings results this week, the company also built $902 million in reserves — a move that signals a tough credit environment...

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Alchemy Introduces Automated Lending Platform for Medical Financing
Alchemy Introduces Automated Lending Platform for Medical Financing
April 14, 2022  |  Healthcare Financing

Payments portal Alchemy has launched a payments system for patients looking for care now, pay later services that allow them to break their cosmetic and...

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Personal Loan App Provider Ranking Sees Competitors Hold Their Positions
Personal Loan App Provider Ranking Sees Competitors Hold Their Positions
April 14, 2022  |  Loans

Folks responsible for lending probably tend to be cautious. You could say the same for the latest edition of PYMNTS’ Provider Ranking of Personal Loan...

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Wall Street’s Enthusiasm Wanes for Bonds Backed by Risky Consumer Debt
Wall Street’s Enthusiasm Wanes for Bonds Backed by Risky Consumer Debt
April 12, 2022  |  Investments

Runaway inflation and a shaky economy are setting the stage for financial uncertainty, igniting fear in Wall Street investors that bonds and other investments backed...

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Madrid FinTech RITMO Grabs $200M+ to Grow eCommerce Financing and Payments Platform
Madrid FinTech RITMO Grabs $200M+ to Grow eCommerce Financing and Payments Platform
April 08, 2022  |  eCommerce

Madrid-based FinTech RITMO on Friday (April 8) secured over €184 million (more than $200 million) in a debt funding round that will help the company...

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‘Income Sharing Agreements’ Aim to Disrupt, Fill Gaps, in $1.7T Student Loan Industry
‘Income Sharing Agreements’ Aim to Disrupt, Fill Gaps, in $1.7T Student Loan Industry
April 08, 2022  |  Loans

The student loan industry is a $1.7 trillion mess. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Payments Network Arf Launches MSB Credit Offering
Payments Network Arf Launches MSB Credit Offering
April 07, 2022  |  Alternative Credit

Swiss cross-border payments network Arf has launched Arf Credit, a product designed to provide instant working capital credit lines for money service businesses (MSBs). Get...

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Citi Launches Sustainable Trade and Working Capital Loans
Citi Launches Sustainable Trade and Working Capital Loans
April 05, 2022  |  Loans

Citi has launched sustainable trade and working capital loans in Europe, the Middle East and Africa (EMEA), Latin America (LATAM), and Asia Pacific (APAC) regions,...

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