loans

LendingClub Broadens Access To Credit With Select Plus Platform
LendingClub Broadens Access To Credit With Select Plus Platform
August 06, 2019  |  Loans

To broaden access to responsible credit with additional models, LendingClub has announced the rollout of its Select Plus Platform. The offering opens the company’s marketplace...

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Fed Survey: Loan Standards Ease For Smaller Firms
Fed Survey: Loan Standards Ease For Smaller Firms
August 05, 2019  |  Loans

A survey of bank officers published on Monday (Aug. 5) showed loan standards on commercial and industrial loans to both large and mid-sized firms during...

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The Struggle To Make Tuition Payments On Time Is Real
The Struggle To Make Tuition Payments On Time Is Real
August 05, 2019  |  Consumer Finance

The student debt crisis is no joke — loans considered to be in “serious delinquency” continue to increase, which is why it’s not surprising that...

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Report: The Late Tuition Payment Epidemic
Report: The Late Tuition Payment Epidemic
July 30, 2019  |  Payment Methods

Over the past three decades, the cost of college tuition has increased significantly. According to the College Board, the cost of a four-year degree at...

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Jack Ma’s Digital Bank Offers Three-Minute Loans To SMBs
Jack Ma’s Digital Bank Offers Three-Minute Loans To SMBs
July 28, 2019  |  Loans

Jack Ma’s MYbank is aiming to change the way China lends to small businesses. The 4-year-old bank uses real-time payments data and a risk-management system...

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Chinese P2P Lender Lufax Exits Business
Chinese P2P Lender Lufax Exits Business
July 19, 2019  |  Loans

One of China’s largest online wealth management platforms is leaving its peer-to-peer lending (P2P) business behind. Three sources have told Reuters that Lufax, which is...

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JPMorgan Results Show Active Mobile Customers Up 12 Pct YoY
JPMorgan Results Show Active Mobile Customers Up 12 Pct YoY
July 16, 2019  |  Earnings

JPMorgan posted second-quarter earnings on Tuesday (July 16) that showed strength in consumer-facing operations and double-digit gains in mobile customers, reflecting continued traction across digital...

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Digital Banking Partnerships Gain Traction in the US
Digital Banking Partnerships Gain Traction in the US
July 16, 2019  |  B2B Payments

Digital-only bank N26, based in Europe, has linked with Axos to launch in the US.  Elsewhere in Europe, Lloyds has partnered with Blue Motor Finance...

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Lendbuzz FinTech Raises $150M In Debt And Equity Financing
Lendbuzz FinTech Raises $150M In Debt And Equity Financing
July 16, 2019  |  Investments

FinTech Lendbuzz has announced Monday (July 15) that it has secured an additional $150 million in debt and equity financing led by 83North, with participation...

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