alt lending

Second Thoughts: CFPB And Prepaid Card Rules
Second Thoughts: CFPB And Prepaid Card Rules
June 20, 2017  |  CFPB

Despite industry concerns — and a potential congressional challenge — the new CFPB prepaid card regulations looked full steam ahead to go into effect on...

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Americans Are Borrowing Like It’s 2008 … Sort Of
Americans Are Borrowing Like It’s 2008 … Sort Of
May 23, 2017  |  Alternative Finances

It took almost a full decade, but Americans’ debt level has reached a new all-time high, surpassing the $12.68 trillion peak it reached in the...

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Alt Lending Startup Neighborly Raises $25M To Tackle Public Finance
Alt Lending Startup Neighborly Raises $25M To Tackle Public Finance
May 17, 2017  |  Investments

Neighborly, a startup that runs a marketplace that connects cities and investors to bankroll civic projects like parks, bridges and schools, raised $25 million in venture funding....

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Numerated Wants To Give Banks Their Alt-Lending Street Cred
Numerated Wants To Give Banks Their Alt-Lending Street Cred
May 17, 2017  |  Banking

"Simple digital onboarding at the ‘touch of a thumb.’ Instant access to a slew of hard-to-access data. Real-time credit decisions. Personalized customer acquisition. Nope — that’s...

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New Prepaid Card Rules Survived The CRA (Payday Lending Regs Might Not)
New Prepaid Card Rules Survived The CRA (Payday Lending Regs Might Not)
May 16, 2017  |  CFPB

The Consumer Financial Protection Bureau’s (CFPB) rulemaking authority survived its first big challenge from the now Republican-dominated houses of Congress when an effort to use...

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Changes In Attitude, Changes In FinServ Regulatory Latitude
Changes In Attitude, Changes In FinServ Regulatory Latitude
May 09, 2017  |  CFPB

Last week was not a good week to be the CFPB or Dodd-Frank financial reforms. The House Financial Services Committee voted 34 to 26 to...

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Is It Officially Time To Start Worrying About Consumer Credit?
Is It Officially Time To Start Worrying About Consumer Credit?
May 02, 2017  |  Alternative Finances

Signs of increasing weakness in consumer credit have been mounting for the last several months. Auto lending, particularly to subprime borrowers, has been looking especially...

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nCino Makes It Easier For Small Businesses To Access Funding
nCino Makes It Easier For Small Businesses To Access Funding
April 26, 2017  |  Payment Methods

nCino, the cloud banking company, announced Tuesday (April 25) it has broadened the scope of its Bank Operating System to provide financial firms with a...

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B2B FinTechs In Asia Take Top VC Spot
B2B FinTechs In Asia Take Top VC Spot
March 31, 2017  |  B2B Payments

Investors are fueling growth for B2B FinTechs across Asia, with startups in Indonesia, Singapore and India securing most of the more than $125 million raised...

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