Regulators in China are considering limits on so-called “loan facilitation,” a potential set-back for internet lenders, The Wall Street Journal reported Tuesday. Get the Full...
In today’s top news in digital-first banking, Mexican neobank albo has integrated Acuant’s Trusted Identity Platform, while British FinTech Revolut has submitted its draft application...
While bank deposits continue to climb, lending in the U.S. by financial institutions (FIs) is lower than ever, as banks remain cautious about extending loans...
Of all the journeys in one’s financial life that is paper bound, marked by reams of paper and teams of middlemen, buying a home stands...
According to an analysis by the Small Business Administration (SBA)’s Office of the Inspector General, there were 4,260 borrowers who received duplicate loans sent out...
Chinese regulators who have targeted the sprawling Ant Group and the country’s growing online lending sector are motivated in part by a desire to curtail...
Plaid and Codat unveiled a new offering in the U.K. that the companies say will make it easier for small- to medium-sized businesses (SMBs) to...
Collectively, Americans owe roughly $1.7 trillion in student loan debt, a figure likely to continue climbing as the cost of education continues to rise alongside...
In today’s top news in digital-first banking, LendingClub reported as part of its fourth-quarter financial results that originations increased 56 percent quarter over quarter, while...