loans

Equifax Gives Lenders Access To SMB Data
Equifax Gives Lenders Access To SMB Data
February 06, 2018  |  B2B Payments

Soon after news emerged that the Consumer Financial Protection Bureau (CFPB) would be pulling back its investigation into Equifax Inc. and the data breach that...

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Business Lending Standards Loosen In Q4 2017
Business Lending Standards Loosen In Q4 2017
February 06, 2018  |  Loans

The Federal Reserve revealed in its quarterly survey on Monday (Feb. 5) that loan officers in banks around the U.S. eased lending standards for businesses...

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LendingClub: Getting Borrowers Off The Credit Hamster Wheel
LendingClub: Getting Borrowers Off The Credit Hamster Wheel
February 05, 2018  |  Banking

Another day, another customer trudging into the bank to discuss credit card debt and a lack of savings … over a venti Starbucks latté. It...

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LendingPoint Brings In Former Citi Director As CFO
LendingPoint Brings In Former Citi Director As CFO
February 02, 2018  |  Personnel

LendingPoint, online lender and provider of the LoanHero point of sale financing platform, announced the appointment of a Citibank executive as its new chief financial...

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Government Piloting Debit Card To Rein In Student Loan Refund Spend
Government Piloting Debit Card To Rein In Student Loan Refund Spend
February 01, 2018  |  Payments Innovation

The Department of Education is gearing up to roll out a pilot program in which college students’ federal financial aid surpluses will be distributed via...

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Discover Sees Q4 Growth In Loans, Card Volume And Charge-Offs
Discover Sees Q4 Growth In Loans, Card Volume And Charge-Offs
January 25, 2018  |  Earnings

Discover Financial Services, like so many peers in the financial sphere, took a charge in the fourth quarter tied to tax legislation passed during the...

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Automakers Rev Up Venture Capital Engine With 38 Investments in 2017
Automakers Rev Up Venture Capital Engine With 38 Investments in 2017
January 19, 2018  |  Investments

Automakers that want in on ridesharing, self-driving cars or innovative car financing options aren’t always developing their own technologies or starting their own ventures. Some...

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Ant Financial Approved To Issue Consumer Credit-Backed Securities
Ant Financial Approved To Issue Consumer Credit-Backed Securities
January 16, 2018  |  Loans

Ant Financial Services Group (which offers Alipay) said on Monday (Jan. 15) that it has garnered approval in China to issue consumer credit backed securities...

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Does Tribal Lending Have A Future?
Does Tribal Lending Have A Future?
January 16, 2018  |  Alternative Finances

Scott Tucker’s pre-sentencing “apology” will not likely be remembered as one of history’s greatest all-time allocutions of contrition. The Kansas businessman – facing a 2017...

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