(source: en.wikipedia.org)
Small businesses (SMBs) left behind by their banks, thanks to tightening risk and capital requirements post-financial crisis, certainly left a gap in the SMB lending...
Tala, the consumer lending app in emerging markets, announced Monday (Oct. 22) a strategic investment from PayPal. In a press release, Tala said the undisclosed...
Avant is best known among its financial services peers as a FinTech firm, founded to throw automation and an artificial intelligence (AI)-enhanced underwriting process at...
Deutsche Bank secured approval to underwrite corporate bonds in China as the market continues to open up to foreign investors and financial services players. Reports...
In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital....
It got a little easier to get credit in the first quarter, said Moody’s on May 8, but auto loans bear watching. The findings, contained...
“Machine learning is the answer to the financial inclusion problem.” So said Douglas Merrill, founder of ZestFinance. It’s a bold statement, considering that the lending space...
It used to be that small businesses needing loans could wait weeks or months for a decision from the provider, with pre-qualification steps taking up...
Moody’s Investors Service reported Thursday (June 8) that credit card charge-offs — debts that are so delinquent that lending institutions have basically given up on collecting...