loans

Facebook’s Sizzly, Fizzly Week
Facebook’s Sizzly, Fizzly Week
November 09, 2018  |  Sizzle/Fizzle

Facebook has been a firm with its share of troubles lately. Earnings weren’t quite what investors were looking for, its usership base in the U.S. and...

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LendingClub: Loan Applications Grow Double Digits Amid Rising Rates  
LendingClub: Loan Applications Grow Double Digits Amid Rising Rates  
November 07, 2018  |  Earnings

Class action settlements are in the rearview mirror, and September quarter results topped the Street.  LendingClub pointed to double digit loan originations and margin expansion...

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OnDeck Loan Originations Surge
OnDeck Loan Originations Surge
November 06, 2018  |  Earnings

OnDeck Capital said in its third-quarter results that loan origination volume jumped double digits year over year and sequentially, where the volume of $648 million...

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OakNorth: How AI Can Fuel Banks’ Return To SMB Lending
OakNorth: How AI Can Fuel Banks’ Return To SMB Lending
October 31, 2018  |  B2B Payments

Small businesses (SMBs) left behind by their banks, thanks to tightening risk and capital requirements post-financial crisis, certainly left a gap in the SMB lending...

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State Regulators Sue To Block FinTech Charters
State Regulators Sue To Block FinTech Charters
October 30, 2018  |  Bank Regulation

In the latest salvo over awarding national bank charters to FinTechs spanning tech upstarts across online lending and various payments functions, the Conference of State...

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Alipay Ramps Up Supply Chain, Lending Services To SMBs
Alipay Ramps Up Supply Chain, Lending Services To SMBs
October 30, 2018  |  B2B Payments

Chinese payments conglomerate Alipay is ramping up its B2B services with a new suite of offerings for small businesses (SMBs). Reports in Financial IT on...

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The Big Sizzle: Winning Week For Wearables
The Big Sizzle: Winning Week For Wearables
October 26, 2018  |  Sizzle/Fizzle

It was a good week for wearables and their future, as the devices continued to show indications of strong promise on the B2C and B2B...

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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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FDIC To Help Banks Embrace Tech, Innovation
FDIC To Help Banks Embrace Tech, Innovation
October 25, 2018  |  Banking

The Federal Deposit Insurance Corporation (FDIC) is setting up an office of innovation to encourage banks to adopt financial technology changes. FDIC Chairman Jelena McWilliams...

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