Loans

Loans
Fiserv Expands Credit Options for SMBs
October 14, 2021

Payments and financial services provider Fiserv has launched a digital credit and lending platform for small and medium-sized businesses (SMBs). “The latest Fiserv offering, leveraging the Atlas Platform from FinTech StreetShares, allows financial institutions to manage the full lending lifecycle from digital document capture, underwriting,...

Loans
FutureFuel.io, Fiserv Announce Collaboration on Student Loan Repayment Platform 
October 13, 2021

Technology platform FutureFuel.io announced a collaboration with global payments provider Fiserv that will enable banks and credit unions to bring the FutureFuel.io student loan repayment platform to consumers, according to a Wednesday (Oct. 13) press release.   As the emergency federal student loan payment suspension expiration...

Loans
Asia Pacific’s Next Big Finance Opportunity: Giving Credit Where There is None
October 12, 2021

At a glance, it could be argued that small business owners have more choices than ever to get the working capital they need, as FinTechs, neobanks and legacy lenders all compete to offer loans and lines of credit. But available options are not always viable...

Loans
Latino-Focused Lender Oportun Scraps Bank Charter After CFPB Probe
October 11, 2021

Oportun, a specialist in low- to moderate-income lending, which services many Latinos, has withdrawn its application for a bank charter. The withdrawal was voluntary, and a report from the company says the CFPB was looking into claims that Oportun had violated consumer protection laws with...

Loans
Personal Loans Fill Cash Flow Void for Paycheck-to-Paycheck Consumers
October 11, 2021

There’s been a confluence of events to set the stage for retail banking’s disintermediation — and for the growth in lending facilitated by online platforms to continue. LendingClub Financial Health Officer Anuj Nayar said regulations have been updated, connectivity has improved, and everyone has computing...

Loans
Lending Platforms’ Digital Makeovers Turn Paper-Pushing Into Profits
October 06, 2021

Liquidity is the lifeblood of lending. And liquidity exists only when lenders and borrowers are easily able to find one another, agree on terms, access the capital that’s needed — and distribute that same capital quickly while enabling repayment. As LendingClub Vice President of Member...

Loans
New Data: Living Paycheck to Paycheck Triggers Personal Loan Demand
October 05, 2021

When we think of those struggling between paychecks, people making six-figure incomes don’t typically enter the picture. But PYMNTS research continues to find that an alarmingly high percentage of the well-compensated aren’t making it financially from one check to the next. That’s one of several...

Loans
New Data: Living Paycheck to Paycheck Triggers Personal Loan Demand
October 05, 2021

When one thinks of those struggling between paychecks, people making six-figure incomes don’t typically enter the picture. But PYMNTS research continues to find that an alarmingly high percentage of the well-compensated aren’t making it financially from one check to the next. That’s one of several...

Loans
NFT Lending Protocol JPEG’d Teams With Chainlink for CryptoPunks-Backed Loans
October 01, 2021

NFT lending protocol JPEG’d is partnering with decentralized oracle provider Chainlink to enable borrowing using CryptoPunks as collateral. Chainlink price feeds will power DeFi services on JPEG’d and give holders of the high-value NFT collection CryptoPunks the ability to get loans backed by their holdings,...