digital lending

Bridging the Digital Divide: How Banks Can Meet Customer Expectations in Lending
Bridging the Digital Divide: How Banks Can Meet Customer Expectations in Lending
November 22, 2024  |  Banking

Banks and credit unions may feel like they offer a best-in-class digital experience — and the readiness to offer new services and options — when...

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Credit Unions Trade Complexity for Simplicity and Win Customer Loyalty
Credit Unions Trade Complexity for Simplicity and Win Customer Loyalty
November 18, 2024  |  Credit Unions

“Complexity powers the status quo,” Karen Webster wrote in a recent column. And in financial services — particularly for credit unions —  complexity in the...

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Embedded Lending Platforms Jump as Merchants Seek Working Capital
Embedded Lending Platforms Jump as Merchants Seek Working Capital
November 14, 2024  |  Digital Banking

The payment and commerce platforms PayPal, Shopify and Block have long been developing ecosystems for merchants. For the small to mid-sized businesses, signing on to...

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Block Earnings Show Jack Dorsey’s Bitcoin and Banking Ambitions
Block Earnings Show Jack Dorsey’s Bitcoin and Banking Ambitions
November 07, 2024  |  Earnings

Block, formerly known as Square and the owner of Cash App, has distinct ambitions. And they vary for each of its business lines. Outside of Square and...

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LendingClub Loan Originations Surge 27% as Consumers Look to Consolidate Debt
LendingClub Loan Originations Surge 27% as Consumers Look to Consolidate Debt
October 23, 2024  |  Earnings

LendingClub’s latest quarterly results show an acceleration of loan originations, and banks have moved back to the company’s platform as consumers look for ways to...

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Why So Many Mid-Sized Banks Fail the Digital Lending Readiness Test
Why So Many Mid-Sized Banks Fail the Digital Lending Readiness Test
October 16, 2024  |  Digital-First Banking

Mid-sized financial institutions (FIs) — including community banks, regional banks, and credit unions — face growing challenges in automating their lending processes. This is particularly...

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Mercado Libre Sells Record 20 Million Products in August as Argentina Recovers
Mercado Libre Sells Record 20 Million Products in August as Argentina Recovers
October 09, 2024  |  eCommerce

Mercado Libre is witnessing a consumption recovery in Argentina amid a period of “profound economic transition.” The Latin American eCommerce/FinTech platform announced Tuesday (Oct. 8)...

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LendingClub Sees Traction Building ‘Lifetime Lending Relationships’
LendingClub Sees Traction Building ‘Lifetime Lending Relationships’
July 30, 2024  |  Earnings

LendingClub’s latest results noted growth in loan originations, a surge in repeat business — and cross-pollination efforts that management said reflect the ability to deepen,...

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PSCU/Co-op Solutions Launches Digital Lending Suite
PSCU/Co-op Solutions Launches Digital Lending Suite
April 10, 2024  |  Credit Unions

PSCU/Co-op Solutions has teamed with Amount to launch a digital lending suite. The suite, dubbed Origination Solutions, is now in the pilot stage with two credit unions, the...

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