consumer lending

Rising Interest Rates Threaten Non-Bank Lender Business Models
Rising Interest Rates Threaten Non-Bank Lender Business Models
December 11, 2022  |  Consumer Finance

Finance companies have seen borrowing costs skyrocket this year as interest rates rise. That’s according to a report Sunday (Dec. 11) by The Wall Street...

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KeyBank Partners with Oracle to Digitize Consumer Lending Process
KeyBank Partners with Oracle to Digitize Consumer Lending Process
September 21, 2022  |  Loans

KeyBank can now service loans in real-time, including application, payments and collections, after partnering with Oracle to update and digitize its non-real estate consumer lending...

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The $500B Consumer Lifestyle Opportunity Credit Unions Are Missing
The $500B Consumer Lifestyle Opportunity Credit Unions Are Missing
February 17, 2020  |  Credit Unions

Credit unions (CUs) have a bit of asymmetry in their relationships with their customers. On one hand, as PYMNTS data shows, customers very much like their...

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Lawmakers Grill Consumer Groups On ‘Rent-A-Bank’ Schemes
Lawmakers Grill Consumer Groups On ‘Rent-A-Bank’ Schemes
February 06, 2020  |  Bank Regulation

At a Wednesday (Feb. 5) hearing before the House Financial Services Committee, representatives from several consumer groups said “rent-a-bank” schemes harm consumers through predatory lending....

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Small Business Loan Fraud Puts FinServ On High Alert
Small Business Loan Fraud Puts FinServ On High Alert
October 03, 2019  |  B2B Payments

Though fraud technology has evolved to combat the monster of payments fraud, there is a growth threat for banks that innovators are also paying attention...

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Cracking Loan Fraud’s ‘Blind Eye’ Problem
Cracking Loan Fraud’s ‘Blind Eye’ Problem
September 13, 2019  |  Consumer Finance

Pretty much every consumer knows the pain of filling out applications for automotive loans, mortgages and other types of borrowing, of having to produce pay...

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LendingClub President On Credit That Builds Savings
LendingClub President On Credit That Builds Savings
June 19, 2019  |  Consumer Finance

A fine line separates debt and savings (between the black hole of high-interest credit card payments and the slow progress of financial health), and that...

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Grab’s Superapp Ecosystem and Why It Works
Grab’s Superapp Ecosystem and Why It Works
April 19, 2019  |  Ecosystems

Ankur Mehrotra, managing director and head of financial services for Grab, still gets emotional when talking about the drivers and their dreams of owning cars....

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JPMC CFO To Run Consumer Lending Business
JPMC CFO To Run Consumer Lending Business
April 18, 2019  |  Personnel

JPMorgan Chase has named Jennifer Piepszak its new chief financial officer. According to an internal memo seen by CNBC, Piepszak will take on the role...

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