loans

Method Raises $41.5 Million to Build Consumer-Permissioned Financial Connectivity

Method Raises $41.5 Million to Build Consumer-Permissioned Financial Connectivity
Method Raises $41.5 Million to Build Consumer-Permissioned Financial Connectivity
January 23, 2025  |  Investments

Method Financial has raised $41.5 million in a Series B funding round to continue building its solution for consumer-permissioned financial connectivity and expanding it to...

READ MORE >
Discover’s Card Charge-Offs Improve and Delinquencies Show Stability
Discover’s Card Charge-Offs Improve and Delinquencies Show Stability
January 23, 2025  |  Earnings

Discover Financial Services posted earnings results on Thursday morning (Jan. 23) that indicated improving credit quality metrics tied to its credit cards, as well as...

READ MORE >
UK’s FCA Proposes Removing Contactless Limit to Allow ‘Greater Flexibility’
UK’s FCA Proposes Removing Contactless Limit to Allow ‘Greater Flexibility’
January 22, 2025  |  Regulation

The U.K.’s Financial Conduct Authority may remove the 100-pound (about $123) contactless limit and “set new digital service standards” as part of its efforts to...

READ MORE >
JPMorgan COO Pinto: Private Credit Small Business Lending Needs Monitoring
JPMorgan COO Pinto: Private Credit Small Business Lending Needs Monitoring
January 22, 2025  |  SMBs

J.P. Morgan Chase President and Chief Operating Officer Daniel Pinto is calling for more focus on relationships between small businesses and private credit providers. Get...

READ MORE >
CFPB: Mortgage Servicers Must Send Periodic Statements to Homeowners
CFPB: Mortgage Servicers Must Send Periodic Statements to Homeowners
January 20, 2025  |  CFPB

The Consumer Financial Protection Bureau said Friday (Jan. 17) it is monitoring the market to ensure that mortgage servicers don’t attempt to evade federal consumer...

READ MORE >
Regions Bank Q4 Sees Growth in Digital Transactions and Treasury Management
Regions Bank Q4 Sees Growth in Digital Transactions and Treasury Management
January 17, 2025  |  Earnings

Regions Financial Corp.’s fourth-quarter results detailed digital transactions are gaining ground among a user base that is turning to mobile and online channels for everyday...

READ MORE >
CFPB: Home Loan Protection Laws Apply to Home Equity Contracts
CFPB: Home Loan Protection Laws Apply to Home Equity Contracts
January 15, 2025  |  CFPB

Mortgage lenders offering home equity contracts must comply with laws like the Truth in Lending Act, according to the Consumer Financial Protection Bureau. Get the...

READ MORE >
Barclays, Synchrony Reportedly in Talks With Apple as Goldman Sachs Eyes Partnership
Barclays, Synchrony Reportedly in Talks With Apple as Goldman Sachs Eyes Partnership
January 15, 2025  |  Earnings

Goldman Sachs’ partnership with Apple that manages the Apple Card may end before 2030, Goldman Sachs CEO David Solomon said Wednesday (Jan. 15). Get the...

READ MORE >
Klarna Reportedly Eyes BNPL Loan Sale Ahead of IPO
Klarna Reportedly Eyes BNPL Loan Sale Ahead of IPO
January 14, 2025  |  BNPL

Klarna is reportedly selling a portfolio of installment loans as it prepares to go public. Get the Full Story Complete the form to unlock this article...

READ MORE >