loans

Government Piloting Debit Card To Rein In Student Loan Refund Spend

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. Get the Full Story Complete the form...

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Blockchain Boosts Longfin Shares From $5 To $126 In A Week
Blockchain Boosts Longfin Shares From $5 To $126 In A Week
December 19, 2017  |  Blockchain

Longfin, a small startup focused on financial tech, has seen its stock price skyrocket since it started trading last week. Get the Full Story Complete...

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China Clamps Down On Online Micro-Lenders
China Clamps Down On Online Micro-Lenders
December 01, 2017  |  Loans

The Chinese government’s financial regulators have distributed new rules to local governments, targeting the fast-growing online micro-lending industry. Get the Full Story Complete the form...

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China Continues Its Quest For A Credit Ranking System
China Continues Its Quest For A Credit Ranking System
November 30, 2017  |  South East Asia

China is on the hunt for a homegrown alternative to the U.S.-based FICO score credit ranking system as it attempts to keep up with the...

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Wells Fargo Could Face Enforcement Action for Charging Excess Fees
Wells Fargo Could Face Enforcement Action for Charging Excess Fees
November 30, 2017  |  Bank Regulation

The Office of the Comptroller of the Currency (OCC) warned Wells Fargo in a scathing letter that it is mulling lodging formal enforcement actions against...

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