personal loans

FIs Place High Value On Corporate Credit For Innovation
FIs Place High Value On Corporate Credit For Innovation
May 14, 2019  |  Innovation

FinTech startups like Divvy have gotten attention and funding based on corporate credit innovations. According to the latest Innovation Readiness Playbook, corporate credit plays a pivotal...

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Why AI Risk Tech And Banks Could Be A Match Made In Heaven
Why AI Risk Tech And Banks Could Be A Match Made In Heaven
April 16, 2019  |  Alternative Finances

While most CEO stories are about having founded a firm to solve a problem, Upstart CEO Dave Girouard and his team of former Google staffers...

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Inflated Credit Scores Put Lenders At Risk
Inflated Credit Scores Put Lenders At Risk
April 08, 2019  |  Loans

Goldman Sachs and Moody’s Analytics are warning that credit scores of consumers have been inflated during the past ten years, hiding the danger of defaults...

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Chase Throws Hat Into Installment Financing Ring
Chase Throws Hat Into Installment Financing Ring
February 27, 2019  |  Loans

JPMorgan Chase, aiming to get a bigger piece of the point of sale financing market, announced Wednesday (Feb. 27) that it is launching “My Chase...

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FinTech Firms Now 38 Pct Of Personal Loan Market
FinTech Firms Now 38 Pct Of Personal Loan Market
February 21, 2019  |  Loans

FinTechs, not traditional banks, appear to be preferred method of taking out unsecured personal loans in the U.S., with the market hitting an all-time high...

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LendingClub Loan Applications Surge 18 Pct Despite Earnings Miss
LendingClub Loan Applications Surge 18 Pct Despite Earnings Miss
February 20, 2019  |  Earnings

LendingClub shares sank on guidance that missed the Street, but management said fourth quarter lending activity was strong across personal and auto loans, even as...

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Singapore’s Credit Culture Snags $29 Million In Funding
Singapore’s Credit Culture Snags $29 Million In Funding
January 24, 2019  |  Startups

Singapore-based FinTech startup Credit Culture has secured $29.4 million in funding from RCE Capital Berhad, a Malaysian investment holding company, according to reports. In a...

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Sub-Prime Lending’s Late-Year Bounce
Sub-Prime Lending’s Late-Year Bounce
November 20, 2018  |  Alternative Finances

According to the latest Q3 2018 TransUnion’s Industry Insights Report the back half of 2018 has been a good year for sub-prime borrowers looking for access to credit. In the year...

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HSBC, Avant Team On Personal Loans
HSBC, Avant Team On Personal Loans
October 24, 2018  |  Loans

HSBC Holdings announced that it is teaming up with online lender Avant to offer unsecured loans to consumers. In the first half of 2019, HSBC’s...

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