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Eurozone Banks May Have Trouble Repaying ECB Loans 
December 09, 2022

Some Eurozone banks reportedly may have trouble paying back the European Central Bank (ECB).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

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FinTechs Give EU Post Offices Edge in Small Business Lending
December 05, 2022

Besides enabling mail deliveries, Europe’s post offices are evolving to meet modern banking needs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

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EU Banks Dial Back Lending
December 04, 2022

Europe’s banks will likely reduce lending next year as the region dips into a recession. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

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Business Services Provider Zventus Launches FinTech-in-a-Box for Lenders
December 02, 2022

Zventus has launched a solution designed to help lenders better compete with FinTech companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

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FinTech Propel Holdings Expands Online Lending Platform to Canada
November 21, 2022

Propel Holdings, a FinTech that offers users access to credit in the United States, has entered the Canadian market with an online credit offering for underserved Canadian consumers.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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UK Borrowers Due Millions as Lenders Fail to Meet FCA Expectations
November 09, 2022

When the COVID-19 pandemic struck in 2020, the U.K.’s Financial Conduct Authority (FCA) asked the country’s lenders to offer payment deferrals as a means of supporting customers struggling to meet their repayment obligations because of the crisis. Get the Full Story Complete the form to...

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Upstart Plunges as Rising Interest Rates Crush Loan Demand
November 09, 2022

Shares of AI-lending platform Upstart plunged more than 20% Tuesday (Nov 8) evening after the company said rising interest rates and a slowing economy saw its tally of new loans cut in half. Get the Full Story Complete the form to unlock this article and...

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Subprime Auto Loan Bond Delinquency Rate at 5.13% in October
November 08, 2022

The percentage of subprime auto loan borrowers who have fallen behind on payments has risen by more than a percentage point over the last year.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Some Student Loan Borrowers Get Refunds for Payments in Pandemic
November 01, 2022

Despite a legal challenge to its student loan forgiveness program, the federal government is reportedly sending refund checks for student loan payments that borrowers made during a moratorium on such payments during the pandemic.  Get the Full Story Complete the form to unlock this article...