Consumers often feel pressured to maintain a standard of living, which can be difficult in uncertain economic times with higher prices and interest rates. Keeping...
Card delinquencies and charge-offs offer evidence of the struggles of meeting current obligations. They can also be a harbinger of spending slowdowns in the future....
FinTech CSI has acquired banking software firm Hawthorn River to enhance the loan origination capabilities of CSI customers. This acquisition will add Hawthorn River’s single-platform loan...
India’s recent crackdown on unsecured consumer loans has reportedly placed increased pressure on FinTech lenders. The Financial Times (FT) examined the state of companies such...
In a credit-based economy like the United States, credit scores play a crucial role in determining access to credit and financial stability. This poses a...
FinWise Bank and Stride Funding partnered to launch a program that allows students to secure loans sponsored by their future employers. This collaborative Employer Sponsored...
Swiss crypto custody firm Taurus has launched a partnership with lending platform Teylor. The partnership, as reported Thursday (Dec. 14) by Coindesk, allows Teylor’s credit portfolio tokens to...
Banking and technology platform Kapital has raised $165 million in new capital. The Mexico City-based company announced the funding — a $40 million Series B equity financing round and...
Private equity firm Bain Capital has reportedly sold a $448 stake in India’s Axis Bank. The company made the block trade Wednesday (Dec. 13), Reuters reported, citing a term sheet...