loans

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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Can AI Kill The FICO Score?
Can AI Kill The FICO Score?
April 10, 2018  |  Loans

Just as SAT scores don’t convey everything about a student, FICO scores don’t convey everything about a loan applicant. They can be one valuable piece...

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India Police Tap Central Bank Officials To Help With PNB Inquiry
India Police Tap Central Bank Officials To Help With PNB Inquiry
April 06, 2018  |  International

Investigators in India are questioning four senior central bank officials as part of its investigation into the $2 billion fraud case at Punjab National Bank...

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Amid Job Market Growth, Consumer Delinquencies Wane
Amid Job Market Growth, Consumer Delinquencies Wane
April 04, 2018  |  Debt

Economic tailwinds are helping consumers make timely loan payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Heigh-Ho, Heigh-Ho: It’s Off To Work We Go
Heigh-Ho, Heigh-Ho: It’s Off To Work We Go
March 30, 2018  |  Today In Data

Margaret Thatcher’s first campaign slogan, when she was running for England’s prime minister, was “Labour isn’t working.” It’s an adage that feels very relevant today,...

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Small Businesses Flocking To Mobile Loans, Kabbage Finds
Small Businesses Flocking To Mobile Loans, Kabbage Finds
March 29, 2018  |  B2B Payments

Analysis of borrowing behavior among small businesses suggests SMB borrowers are increasingly turning to mobile devices to access funding, according to new data from Kabbage....

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Fundbox Positions Its Credit Closer To B2B Payments
Fundbox Positions Its Credit Closer To B2B Payments
March 14, 2018  |  B2B Payments

Today, alternative small business (SMB) lending company Fundbox is launching Fundbox Pay, a solution the company says will move its credit offering closer to the...

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Amazon Stepping Into SMB Card Space With Chase, Sources Say
Amazon Stepping Into SMB Card Space With Chase, Sources Say
March 14, 2018  |  B2B Payments

Unnamed sources have told reporters that Amazon is looking to expand its small business (SMB) financing operations via the rollout of a commercial card for...

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Ant Financial Has $95B In Consumer Loans Even With Government Crackdown
Ant Financial Has $95B In Consumer Loans Even With Government Crackdown
March 12, 2018  |  Loans

Ant Financial, the payment affiliate of China’s Alibaba, has seen its consumer lending business reach 600 billion yuan ($95 billion) even as the company faces...

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