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Capital One Posts Mixed Results Amid Tech Transformation
Capital One Posts Mixed Results Amid Tech Transformation
October 25, 2019  |  Earnings

Capital One’s domestic card business provided strong Q3 earnings results, and continued to pick up momentum, the bank said on Thursday (Oct.24). The financial institution...

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OnDeck Beats Expectations With Rising Origination Volume In Q3
OnDeck Beats Expectations With Rising Origination Volume In Q3
October 24, 2019  |  Earnings

OnDeck beat expectations with its Q3 earnings report on Thursday (Oct. 24), with a rise in loan origination volume. “We had a solid third quarter as origination...

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FundingSecure British P2P Lender Faces Collapse
FundingSecure British P2P Lender Faces Collapse
October 24, 2019  |  Loans

U.K.-based FundingSecure has called in administrators at CG Recovery as it becomes the second peer-to-peer (P2P) lender in the country to fold in six months....

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Struggling French Retailer Casino Lands €1.5B In Debt Equity
Struggling French Retailer Casino Lands €1.5B In Debt Equity
October 23, 2019  |  Loans

French retailer Casino announced that it has raised €1.5 billion ($1.67 billion USD) in bank loans so that it can refinance part of its existing...

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PayPal Expands SMB Loan Offering To Canada
PayPal Expands SMB Loan Offering To Canada
October 22, 2019  |  B2B Payments

PayPal is expanding its small business lending operations into Canada. In a press release issued on Monday (Oct. 21), the company announced PayPal Business Loan’s...

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How Responsibly Accelerated Mortgage Underwriting Can Save Consumers, Lenders Money
How Responsibly Accelerated Mortgage Underwriting Can Save Consumers, Lenders Money
October 21, 2019  |  Faster Payments

When financing a first home, a complicated mortgage process can confuse buyers, and draw out loan underwriting timelines — costing time and money. Yet, lenders...

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Top News In Payments: PayPal To Roll Out Venmo Credit Card; Mastercard Teams With WHSmith For Pay By Bank
Top News In Payments: PayPal To Roll Out Venmo Credit Card; Mastercard Teams With WHSmith...
October 18, 2019  |  News

Today in the payment’s news roundup, PayPal is teaming with Synchrony Financial to put forward a Venmo co-branded credit card next year. Also, Mastercard is...

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Trending: Data Aggregation Makes Home Mortgages Cheaper
Trending: Data Aggregation Makes Home Mortgages Cheaper
October 18, 2019  |  Faster Payments

Many major companies rely on international trade and global supply chains. Keeping these trade flows operating smoothly requires quick, reliable delivery of payments. Consumers similarly...

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SunTrust Beats Revenue Forecast Ahead Of BB&T Merger
SunTrust Beats Revenue Forecast Ahead Of BB&T Merger
October 17, 2019  |  Earnings

SunTrust Banks Inc. reported results on Thursday (Oct. 17) that surpassed revenue expectations but fell in line with analysts’ earnings estimates for the third quarter. But...

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