CheckAlt, which works in providing loan payments and item processing solutions for credit unions (CUs) and banks, is partnering with LEVERAGE Payment Solutions to solve loan repayment problems, according to a press release. Get the Full Story Complete the form to unlock this article and...
The sun is high, the temperature is rising, and with COVID restrictions being lifted around the U.S., Independence Day marks the first opportunity for many to embrace a gathering around the barbeque or a group trip to the beach. Get the Full Story Complete the...
Those looking to get home loans will now be able to do so through American Express (Amex) and its new partnership with two FinTechs, Better and Rocket Mortgage by Quicken Loans, CNBC reported Wednesday (June 30). Get the Full Story Complete the form to unlock...
Payments and shopping platform Klarna is collaborating with embedded business finance firm Liberis to offer merchants revenue-based loans and other financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Last year was a record year for Americans taking out mortgages. And as The Wall Street Journal reported Tuesday (June 22), most of those mortgages came from non-bank lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
An estimated 10,000 U.S. baby boomers turn 60 every day, and they need money to rebuy the entire Beatles catalog in whatever new format we’re using this year. They’ve been doing this roughly once a decade since age 10. Bless your heart, planned obsolescence. Get...
Goldman Sachs has loaned more than $5 billion to SoftBank, making the New York investment bank one of the biggest lenders to the Japanese conglomerate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The current risk-based pricing model for lending has allowed more consumers to qualify for credit, while alternative data sources could help consumers without traditional credit histories build credit, an industry representative said during a Wednesday (May 26) House subcommittee hearing on consumer credit reporting. Get...
More than one in 10 mortgage borrowers participated in a mortgage forbearance during the past year for at least a month, but many of them left forbearance by March 2021, officials from the Federal Reserve Bank of New York said in a Wednesday (May 19)...