loans

CapX Taps Moody’s For SMB Loan Underwriting
CapX Taps Moody’s For SMB Loan Underwriting
January 25, 2019  |  B2B Payments

Equipment finance company CapX Partners has announced an integration of Moody’s Analytics technology to strengthen its underwriting and risk mitigation capabilities. The company issued a...

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Commerce Secretary: Furloughed Workers Should Take Out Loans
Commerce Secretary: Furloughed Workers Should Take Out Loans
January 24, 2019  |  Economy

The U.S. Commerce Secretary Wilbur Ross told CNBC in an interview on Thursday (Jan. 24) that furloughed federal employees should take out loans to pay...

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More Americans Inch Toward Maxing Out Cards
More Americans Inch Toward Maxing Out Cards
January 24, 2019  |  Debt

Taking it to the limit, indeed. News came this week that global debt – that which is shouldered by governments and the private sector –...

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Capital One Misses On Q4 Revenue As Card Loans Increase
Capital One Misses On Q4 Revenue As Card Loans Increase
January 23, 2019  |  Earnings

Capital One’s domestic card loans increased 8 percent in the fourth quarter of 2018, the bank said on Tuesday (Jan. 22) as company executives gave...

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Spring Labs Partners With Leading FinTech Firms On Fraud Prevention Platform
Spring Labs Partners With Leading FinTech Firms On Fraud Prevention Platform
January 21, 2019  |  B2B Payments

Spring Labs announced that 16 FinTech industry leaders have joined its Spring Founding Industry Partners (SFIP) program to help prevent fraud and boost ID verification capabilities. Spring...

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Credit Unions Step Up During Government Shutdown
Credit Unions Step Up During Government Shutdown
January 18, 2019  |  Credit Unions

There is no shortage of headlines about the partial government shutdown that is now on its 27th day, and no shortage of articles speculating how long...

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UK Mortgages, Credit Demand To Decline Pre-Brexit
UK Mortgages, Credit Demand To Decline Pre-Brexit
January 17, 2019  |  International

British lenders say that leading up to Brexit, they expect the largest drop in demand for credit cards and mortgages than they’ve seen in many...

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Has Microlending Lived Up To The Hype?
Has Microlending Lived Up To The Hype?
January 16, 2019  |  Loans

Microlending – or small loans (less than a few hundred dollars) – has become a popular, buzzed-about method of poverty relief over the last few...

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Wells Fargo Credit Card Purchases Grow 5 Pct In Q4
Wells Fargo Credit Card Purchases Grow 5 Pct In Q4
January 15, 2019  |  Earnings

A U.S. Federal Reserve asset cap on Wells Fargo will last all year instead of through the first half, said the bank’s CEO Tim Sloan...

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