Galoy has debuted a tool to meet what it calls “soaring” demand for bitcoin-backed loans. The company, maker of digital-asset-centric banking software, announced Thursday (Feb. 6) the launch...
First Citizens Bank and global investment firm Sixth Street have launched a new platform designed to provide flexible capital equipment financing solutions to middle market...
Consumers can’t spend money they don’t have, and right now, many are running out of cash. The lenders that win are the lenders that give...
PayPal’s fourth-quarter earnings results showed slowing growth along several metrics, as well as continued traction in the company’s branded checkout initiatives. Total payment volumes were...
Plaid has launched a partnership with loan origination platform Algebrik AI. The collaboration, announced Monday (Feb. 4), will integrate Plaid’s consumer-permissioned data with Algebrik, allowing for easier identity verification,...
Credit products are changing, with personal loans, embedded finance, and buy now, pay later (BNPL) gaining traction. According to a PYMNTS Intelligence report, “BNPL and...
Banking giant Santander has reportedly chosen a new U.S. CEO amid a larger reshuffle. Christiana Riley will succeed Tim Wennes as the bank’s lead in...
Steady-to-declining interest rates. Inflation under 3%. A relaxed attitude to regulation in D.C. As the Wall Street Journal (WSJ) points out in a report Friday (Jan. 31),...
The consumer financing landscape is a dynamic one, where both strategy and execution are the key guardrails of success for financial service businesses. This was...