loans

Australia Outpaces US In FinTech Adoption, OnDeck Says
Australia Outpaces US In FinTech Adoption, OnDeck Says
April 18, 2018  |  B2B Payments

Australia’s adoption of alternative finance and FinTech is outpacing that of the U.S., according to OnDeck Capital Chief Executive Noah Breslow. Reports in The Sydney...

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Bank Of America Beats 1Q Estimates, Mobile Makes Double-Digit Gains
Bank Of America Beats 1Q Estimates, Mobile Makes Double-Digit Gains
April 16, 2018  |  Earnings

Continuing the run of earnings beats for banks, Bank of America announced news on Monday (April 16) that loan growth helped lift results above Wall...

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YES BANK Taps Tax Return Data For SMB Loan Underwriting
YES BANK Taps Tax Return Data For SMB Loan Underwriting
April 16, 2018  |  B2B Payments

India’s YES BANK is tapping into tax data to expand small business (SMB) lending. Reports in MENAFN on Friday (April 13) said the company plans...

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Corporate America Picks Up Pace On Lending
Corporate America Picks Up Pace On Lending
April 16, 2018  |  Loans

U.S. banks are seeing a surge in the number of loans being taken out by corporate America, with new data showing the biggest increase since...

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Citigroup Sees 1Q Surge In Mobile Banking, Beating Expectations
Citigroup Sees 1Q Surge In Mobile Banking, Beating Expectations
April 13, 2018  |  Earnings

Amid headlines that corporate banking helped boost Citigroup profits, the firm also reported strength in its mobile and online initiatives, as evidenced by growth in...

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NatWest Links Businesses To MarketInvoice
NatWest Links Businesses To MarketInvoice
April 12, 2018  |  B2B Payments

In the latest move of a traditional lender collaborating with the alternative finance industry, NatWest, a financial institution (FI) based in the U.K., announced a...

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LendingPoint Partners With TabaPay To Accept Debit Cards For Loan Payments
LendingPoint Partners With TabaPay To Accept Debit Cards For Loan Payments
April 11, 2018  |  Partnerships / Acquisitions

LendingPoint announced it has entered into an agreement with TabaPay that will allow it to accept debit cards for loan payments. Through the partnership, LendingPoint’s...

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Trusting Machines To Trust The Right Credit Applicants
Trusting Machines To Trust The Right Credit Applicants
April 11, 2018  |  Loans

Back in the olden days – circa 1950 and before – a customer who wanted a loan would walk into a bank and sit across...

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Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
April 10, 2018  |  Bank Regulation

The Consumer Finance Protection Bureau is seeking to impose fines – for a record amount – on Wells Fargo tied to the banking giant’s practices...

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