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Markaaz CEO: Two-Sided Platform Plugs the ‘Data Gap’ on Small Businesses
Markaaz CEO: Two-Sided Platform Plugs the ‘Data Gap’ on Small Businesses
October 29, 2024  |  SMBs

There’s a data gap that exists for small businesses — a lack of information about them that makes banks shy away from extending credit or...

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Are Healthcare Businesses Leveraging Working Capital More Efficiently Than Yours?
Are Healthcare Businesses Leveraging Working Capital More Efficiently Than Yours?
October 28, 2024  |  B2B Payments

In today’s increasingly interconnected and digital world, it’s never been better to be a business. But that doesn’t mean it is any easier to be...

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Amount Debuts AI Policy Optimizer for Risk Assessment, Credit Underwriting
Amount Debuts AI Policy Optimizer for Risk Assessment, Credit Underwriting
October 24, 2024  |  artificial intelligence

Credit underwriting strategy can be an untapped competitive advantage for lenders. It turns out analytics can be used to automate and improve that too. To...

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Fed’s Beige Book Finds Mixed Consumer Spending Amid ‘Elevated Uncertainty’
Fed’s Beige Book Finds Mixed Consumer Spending Amid ‘Elevated Uncertainty’
October 24, 2024  |  Economy

The Federal Reserve’s Beige Book — released eight times a year, with the latest report debuting Wednesday (Oct. 23) afternoon — offers up a qualitative...

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MoneyLion Launches Financial Products Marketplace Within Its Digital Ecosystem
MoneyLion Launches Financial Products Marketplace Within Its Digital Ecosystem
October 22, 2024  |  Consumer Finance

MoneyLion has launched a new marketplace that lets consumers search, apply for and complete transactions across third-party financial products like loans, credit cards and savings...

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Earnings Season Shows Consumer Pressures on Auto Loan Payments
Earnings Season Shows Consumer Pressures on Auto Loan Payments
October 21, 2024  |  Loans

Earnings reports this season, particularly from banks, have taken note of the resilience in consumer spending, especially on debit and credit cards, in various areas...

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Healthcare Sector Leads Drive Toward the ‘Embedded Everything’ Economy
Healthcare Sector Leads Drive Toward the ‘Embedded Everything’ Economy
October 21, 2024  |  Connected Economy

Embedded finance, and in particular lending, is finding its way into various URL, app and brick-and-mortar settings these days, and is also rendered at the...

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Ally Financial Warns of ‘Choppy’ Quarters as Auto Income Falls
Ally Financial Warns of ‘Choppy’ Quarters as Auto Income Falls
October 18, 2024  |  Earnings

Ally Financial CEO Michael Rhodes says the company’s next few quarters will be “choppy.” In a third-quarter earnings presentation Friday (Oct. 18), the auto lender said it had imposed stricter...

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Millennials and Gen Z Consumers Boost Amex Card Spend in Q3
Millennials and Gen Z Consumers Boost Amex Card Spend in Q3
October 18, 2024  |  Earnings

For American Express, as has been a longstanding trend, it’s the younger consumers, cards in hand, who are boosting results. And, as Amex management noted...

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