Source: en.wikipedia.org
The average consumer has 5.3 bank accounts. Now that the Consumer Financial Protection Bureau has issued a final rule on data sharing, the age of...
Shares of credit card issuers and lenders have reportedly risen after the election of Donald Trump, with investors expecting the incoming Trump administration to deliver regulatory...
Double commercial property loan defaults are at their highest point in 10 years. And as the Financial Times (FT) reported Thursday (Nov. 7), this situation...
It was former Intel CEO Andy Grove who once said, “How well we communicate is determined not by how well we say things, but how...
SoFi Technologies’ cross-selling continues, and certain trends seem well in place as the interest rate environment becomes more benign. Members are accessing more products across...
Banks used to be the only game in town for small businesses looking to set up an account, get credit and hear advice about managing...
Credit underwriting strategy can be an untapped competitive advantage for lenders. It turns out analytics can be used to automate and improve that too. To...
Earnings reports this season, particularly from banks, have taken note of the resilience in consumer spending, especially on debit and credit cards, in various areas...
Ally Financial CEO Michael Rhodes says the company’s next few quarters will be “choppy.” In a third-quarter earnings presentation Friday (Oct. 18), the auto lender said it had imposed stricter...