loans

ECB Looks To Ramp Up Bank Lending
ECB Looks To Ramp Up Bank Lending
March 07, 2019  |  Banking

Generally speaking, central banks hike rates when economic growth threatens to overheat, when inflation threatens to drive up the cost of living beyond desirability. And...

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BoA Pledges $100M For Women’s Business Loans
BoA Pledges $100M For Women’s Business Loans
March 07, 2019  |  Loans

Bank of America has pledged $100 million to the Tory Burch Foundation to make capital available to women in the business sector who might not...

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Zillow All-In With Mortgage Origination
Zillow All-In With Mortgage Origination
February 27, 2019  |  Loans

Zillow is focusing more on the mortgage market, making loans to buyers who use the company’s app. According to a report in GeekWire citing an interview...

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Young Adults Have Record Debt Surpassing $1T
Young Adults Have Record Debt Surpassing $1T
February 25, 2019  |  Debt

Americans between the ages of 19 and 29 ended 2018 collectively owing more than $1 trillion in debt, the highest level for young adults since...

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Earnings Show Power Of Digital Commerce — And Cash At The ATM
Earnings Show Power Of Digital Commerce — And Cash At The ATM
February 22, 2019  |  Earnings

Continuing in the tradition of PYMNTS earnings roundups: Walmart’s eCommerce efforts, including grocery delivery and pickup options, soared in the fourth quarter of 2018, and...

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LendingClub Links Lenders To Loan Metrics Via Brismo
LendingClub Links Lenders To Loan Metrics Via Brismo
February 22, 2019  |  B2B Payments

Lending performance data solutions provider Brismo is integrating its technology into the LendingClub platform, enabling lenders to analyze the performance of their portfolios. In a...

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Building Digital Power While Breaking Down Barriers
Building Digital Power While Breaking Down Barriers
February 21, 2019  |  Today In Data

The latest numbers out of the payments and commerce world show eCommerce and other retail gains for a major U.S.-based player, while another company –...

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In China, Some Banks Shy Away From Letting Cards Max Out
In China, Some Banks Shy Away From Letting Cards Max Out
February 18, 2019  |  Regulation

In China, Reuters reports that banks have resisted “maxing” out their credit card business, eyeing consumer spending and the fact that credit card lending has...

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Yes Bank’s Statement On RBI’s Audit May Have Mislead
Yes Bank’s Statement On RBI’s Audit May Have Mislead
February 18, 2019  |  Bank Regulation

Yes Bank is facing criticism by the Reserve Bank of India, which contends disclosures from an audit report were released in an effort to mislead the...

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