loans

Affirm Credits Mid-Market With Q3 ’24 Earnings Gains
Affirm Credits Mid-Market With Q3 ’24 Earnings Gains
May 08, 2024  |  Earnings

Although it didn’t address two big elephants in the room, buy now, pay later company Affirm rode solid advancements in its debit card and gross...

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95% of CEMEA Growth Corporates Plan to Access Working Capital This Year
95% of CEMEA Growth Corporates Plan to Access Working Capital This Year
May 08, 2024  |  Loans

Just 58% of growth corporates in Central Europe, the Middle East and Africa (CEMEA) had been using working capital solutions, but that percentage is slated...

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Visa: Embedded Lending Creates ‘Halo Effect’ for Repeat Transactions
Visa: Embedded Lending Creates ‘Halo Effect’ for Repeat Transactions
May 08, 2024  |  Consumer Finance

You’ve heard of embedded finance. Get ready for embedded lending. It’s a relatively new term to describe an important trend in consumer financial behavior, and...

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Upstart, Like Its Customers, Remains Focused on Return to Growth 
Upstart, Like Its Customers, Remains Focused on Return to Growth 
May 07, 2024  |  Earnings

If you are in the business of providing loans, there will always be a demand for your product.  As for the customers that need to...

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Neobank Dave Attributes Best-Ever Credit Performance to AI-Driven Underwriting Engine
Neobank Dave Attributes Best-Ever Credit Performance to AI-Driven Underwriting Engine
May 07, 2024  |  Earnings

Neobank Dave said it improved its credit performance over the past year with the use of artificial intelligence (AI). Between the first quarter of 2023 and...

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Fed Survey Reveals Tighter Standards and Weaker Demand for Loans
Fed Survey Reveals Tighter Standards and Weaker Demand for Loans
May 06, 2024  |  Loans

Banks are seeing a slide in demand for loans — at the same time that they’re tightening lending standards. And the pressures, as noted in...

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CFPB Alleges Organizations Ignored Student Loan Borrowers’ Payment Relief Requests
CFPB Alleges Organizations Ignored Student Loan Borrowers’ Payment Relief Requests
May 06, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has filed a complaint against the National Collegiate Student Loan Trusts and Pennsylvania Higher Education Assistance Agency (PHEAA), alleging that they ignored student...

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Only Half of Consumers Globally Are Satisfied With Embedded Lending Options
Only Half of Consumers Globally Are Satisfied With Embedded Lending Options
May 06, 2024  |  Loans

Embedded lending tools enable potential borrowers to apply for credit directly from the merchant or provider’s platform — often while paying for a product or...

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PNC and TCW Partner on Loans to Middle Market Companies
PNC and TCW Partner on Loans to Middle Market Companies
May 06, 2024  |  Partnerships

The PNC Financial Services Group and the TCW Group have formalized and expanded their partnership to develop a private credit platform focused on middle market lending....

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