loans

Car Apps Add Vehicle Financing to Acquire, Retain Customers

Car Apps Add Vehicle Financing to Acquire, Retain Customers
Car Apps Add Vehicle Financing to Acquire, Retain Customers
December 06, 2021  |  Consumer Payments

It’s been a turbulent 18 months for car owners. Since March 2020, there have been huge swings in the number of miles driven, rapid inflation...

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CFPB Looks Forward to Tech, After a Year Focused on Mortgages and Lending Practices
CFPB Looks Forward to Tech, After a Year Focused on Mortgages and Lending Practices
December 03, 2021  |  CFPB

Predicting the Consumer Financial Protection Bureau’s agenda for 2022 based on this year’s rulemaking isn’t quite as easy this year, as the bureau was without...

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Loan Servicing Gets a Lift From Open Banking Platforms
Loan Servicing Gets a Lift From Open Banking Platforms
December 03, 2021  |  Loans

Lending, it’s been said, is as much art as science – and even in the 21st century, it is filled with friction. But with advanced...

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Deep Dive: How Digitizing the Lending Process Can Help Accelerate Secure Fund Disbursements
Deep Dive: How Digitizing the Lending Process Can Help Accelerate Secure Fund Disbursements
December 02, 2021  |  Disbursements

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LendingClub on the Benefits and Potential Pitfalls of Automated Lending
LendingClub on the Benefits and Potential Pitfalls of Automated Lending
December 01, 2021  |  Disbursements

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Bank Profits Fall Due to Loan Loss Reduction
Bank Profits Fall Due to Loan Loss Reduction
November 30, 2021  |  Loans

Banking profits dropped during the third quarter of 2021 due to a slower reduction in loan loss provisions, the Federal Deposit Insurance Corporation (FDIC) reported...

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Fundbox Notches $100M Series D to Fund SMB BNPL Offering
Fundbox Notches $100M Series D to Fund SMB BNPL Offering
November 30, 2021  |  SMBs

Fundbox, an artificial intelligence (AI)-powered financial platform that offers small- to medium-sized businesses (SMBs) quick access to business credit, has raised $100 million in a...

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LendingClub Drives Auto Refinance Across 40 States, Reaching 94% of US Population
LendingClub Drives Auto Refinance Across 40 States, Reaching 94% of US Population
November 30, 2021  |  Loans

Digital marketplace bank LendingClub now offers automobile refinance loans in 40 states, reaching 94% of the population nationwide and saving the average borrower about $4,000...

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Lenders Use Automation, Data and Payments Tech to Shorten Approval, Payout Process
Lenders Use Automation, Data and Payments Tech to Shorten Approval, Payout Process
November 30, 2021  |  Disbursements

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