Australia’s alternative finance community has vowed to heighten transparency following criticism over Prospa‘s high interest rates, which caused the FinTech to scrap its initial public...
When the Great Recession kicked off a decade ago, for a brief but memorable time, it seemed as though credit in the United States was...
Alternative small business lender Power2SME says small businesses’ loan payment times doubled overnight following India’s demonetization efforts, highlighting the impact of going cashless on the...
Rent-A-Center‘s decision to sell itself to Vintage Capital comes amid a continuing expansion of so-called “alt lending” options for consumers, which could make it more...
Ripio has had more than one name in its evolution as a firm – but only a single goal. Originally known as BitPagos at launch,...
TSB, the U.K.’s challenger bank, is gearing up to create Business Marketplace, an internet site that will enable small businesses to compare financing options from...
Millennials, we have long been assured, were never, ever going to buy houses. Some hypothesized that the lingering memory of the Great Recession’s origins in profligate mortgage...
After a series of earning performances that left investors disappointed, OnDeck reported a profitable Q4. That performance is largely credited to fewer charge-offs and a reduction in the costs of originating...
When Bank of America announced last week that it was terminating its free checking option for low-balance customers, a literal Tweet storm broke out. The new...