loans

NCR Voyix: Community Banks Have Data and Technology to Help SMBs Thrive
NCR Voyix: Community Banks Have Data and Technology to Help SMBs Thrive
September 11, 2024  |  Banking

Small and medium-sized businesses (SMBs) need help with digital transformation and financial management in an uncertain business environment, and community banks and credit unions should...

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Consumers Could Find Economic Impact Of Interest Rate Cuts To Be Overrated
Consumers Could Find Economic Impact Of Interest Rate Cuts To Be Overrated
September 10, 2024  |  Economy

The only question surrounding rate cuts from the Federal Reserve boils down to not “when?” but … “how much?” The central bank seems all but...

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Report: Goldman Sachs Struggles as It Tries to Exit GM Card
Report: Goldman Sachs Struggles as It Tries to Exit GM Card
September 10, 2024  |  Credit Cards

Goldman Sachs this week reported losses related to its Main Street lending business. The banking giant has been pulling away from the credit card lending...

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Capital Costs vs. Economic Growth: The Fed’s Balancing Act on Bank Lending
Capital Costs vs. Economic Growth: The Fed’s Balancing Act on Bank Lending
September 10, 2024  |  Loans

Regulators have scaled back capital requirements for banks, reducing the holdings that must be on the books to buffer against economic and other shocks. But...

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MoneyLion and Nova Credit Deliver Cash Flow Data to Lenders
MoneyLion and Nova Credit Deliver Cash Flow Data to Lenders
September 10, 2024  |  Loans

MoneyLion and Nova Credit have partnered to give credit issuers a more comprehensive view of consumers’ financial health and expand consumers’ access to credit. With...

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Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
September 09, 2024  |  Consumer Finance

Monday (Sept. 9) offered up a snapshot of consumer sentiment on where inflation is headed, their overall feelings about managing a mounting debt load, and...

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Lloyds Calls for Swift End to British Car Loan Investigation
Lloyds Calls for Swift End to British Car Loan Investigation
September 09, 2024  |  Regulation

A U.K. banking executive says the country needs to resolve its unfair auto-lending practice investigation. Great Britain’s Financial Conduct Authority (FCA) said in July that...

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FDIC Sees Non-Depository Financial Institution Loans Surge, Hinting at New Risks
FDIC Sees Non-Depository Financial Institution Loans Surge, Hinting at New Risks
September 09, 2024  |  Loans

The Federal Deposit Insurance Corp.’s latest quarterly banking industry report hints at where risks lie if additional pressures come to bear on financial services firms...

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AI Explained: Inside the World of Datasets
AI Explained: Inside the World of Datasets
September 09, 2024  |  Artificial Intelligence

Artificial intelligence datasets form the bedrock of modern systems. As tech giants and researchers push the boundaries of machine capabilities, the data they use quietly...

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