loans

NatWest Links Businesses To MarketInvoice
NatWest Links Businesses To MarketInvoice
April 12, 2018  |  B2B Payments

In the latest move of a traditional lender collaborating with the alternative finance industry, NatWest, a financial institution (FI) based in the U.K., announced a...

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LendingPoint Partners With TabaPay To Accept Debit Cards For Loan Payments
LendingPoint Partners With TabaPay To Accept Debit Cards For Loan Payments
April 11, 2018  |  Partnerships / Acquisitions

LendingPoint announced it has entered into an agreement with TabaPay that will allow it to accept debit cards for loan payments. Through the partnership, LendingPoint’s...

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Trusting Machines To Trust The Right Credit Applicants
Trusting Machines To Trust The Right Credit Applicants
April 11, 2018  |  Loans

Back in the olden days – circa 1950 and before – a customer who wanted a loan would walk into a bank and sit across...

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Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
April 10, 2018  |  Bank Regulation

The Consumer Finance Protection Bureau is seeking to impose fines – for a record amount – on Wells Fargo tied to the banking giant’s practices...

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Can AI Kill The FICO Score?
Can AI Kill The FICO Score?
April 10, 2018  |  Loans

Just as SAT scores don’t convey everything about a student, FICO scores don’t convey everything about a loan applicant. They can be one valuable piece...

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India Police Tap Central Bank Officials To Help With PNB Inquiry
India Police Tap Central Bank Officials To Help With PNB Inquiry
April 06, 2018  |  International

Investigators in India are questioning four senior central bank officials as part of its investigation into the $2 billion fraud case at Punjab National Bank...

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Amid Job Market Growth, Consumer Delinquencies Wane
Amid Job Market Growth, Consumer Delinquencies Wane
April 04, 2018  |  Debt

Economic tailwinds are helping consumers make timely loan payments. As American Banker reported Wednesday (April 4), delinquent payment rates waned a bit in the fourth...

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Heigh-Ho, Heigh-Ho: It’s Off To Work We Go
Heigh-Ho, Heigh-Ho: It’s Off To Work We Go
March 30, 2018  |  Today In Data

Margaret Thatcher’s first campaign slogan, when she was running for England’s prime minister, was “Labour isn’t working.” It’s an adage that feels very relevant today,...

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Small Businesses Flocking To Mobile Loans, Kabbage Finds
Small Businesses Flocking To Mobile Loans, Kabbage Finds
March 29, 2018  |  B2B Payments

Analysis of borrowing behavior among small businesses suggests SMB borrowers are increasingly turning to mobile devices to access funding, according to new data from Kabbage....

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