loans

Loan Defaults Plague Chinese P2P Industry

Loan Defaults Plague Chinese P2P Industry
Loan Defaults Plague Chinese P2P Industry
July 23, 2018  |  Loans

Investors have been withdrawing funds from peer-to-peer lending platforms amid a wave of defaults across the industry in China. Get the Full Story Complete the...

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Visa Launches Omni Loyalty Platform; Alibaba Kicks Off ‘Malaysia Week’
Visa Launches Omni Loyalty Platform; Alibaba Kicks Off ‘Malaysia Week’
July 11, 2018  |  Global Payments

Consumers in Sweden and Norway are more likely to take out a loan this summer than borrowers in Finland, according to a press release from Tieto....

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New Scoring Models For The Underserved Gaining International Attention
New Scoring Models For The Underserved Gaining International Attention
July 03, 2018  |  Banking

The majority of Americans don’t dedicate much time to routine access to financial services. About 77 percent of American adults are able to have all...

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NPCU On Catering To Police Needs
NPCU On Catering To Police Needs
June 22, 2018  |  Credit Unions

The 900,000 law enforcement officers in the U.S. face work-related financial concerns that aren’t easily solved by mainstream FIs. Jim Bedinger, president of the National...

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Texas Court Rules Against CFPB’s Payday Lending Act Delay
Texas Court Rules Against CFPB’s Payday Lending Act Delay
June 13, 2018  |  Loans

A Texas court ruled on Tuesday (June 12) against delaying the compliance date for the Consumer Financial Protection Bureau’s rule on payday loans. Get the...

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Sears Given Two Extra Years To Pay Back Lenders
Sears Given Two Extra Years To Pay Back Lenders
June 06, 2018  |  Retail

Sears Holdings revealed in a Securities and Exchange Commission (SEC) filing that it has been given two extra years to repay lenders, including Eddie, Lampert,...

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Online Lending To Small Business Increases 50 Percent Between 2015 And 2017
Online Lending To Small Business Increases 50 Percent Between 2015 And 2017
June 01, 2018  |  Loans

Between 2015 and 2017, the amount of lending to small businesses by the five leading online lending providers increased 50 percent, according to a new...

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SMB Underwriting Slowed As Demand Fell Off At The End Of 2017
SMB Underwriting Slowed As Demand Fell Off At The End Of 2017
May 30, 2018  |  SMBs

Small businesses (SMBs) seeking loans decreased at the end of 2017, and companies felt the sting of financial challenges more acutely. Financing of all sorts was...

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America’s Daunting Debt Picture
America’s Daunting Debt Picture
May 22, 2018  |  Alternative Finances

There is much to like in the current economic snapshot of the U.S. The overall unemployment rate has slipped below 4 percent — the lowest...

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