Consumer Lending news and trends

Banking Giants Say Consumer Spending Remains Resilient Despite Inflation
Consumer Insights // October 13, 2024

America’s biggest banks say consumers are still spending in spite of inflation. As Reuters reported Friday (Oct. 11), earnings from two of the country’s biggest banks — and optimistic commentary from their executives — could make investors less worried that high borrowing costs were pressuring...

Embedded Lending Bridges Gap Between Consumers, Businesses and Credit
SMBs // September 27, 2024

Embedded lending is growing in popularity around the world. It promises convenient, streamlined access to financing for specific expenses from within merchant, business and other platforms. This proves impactful for individuals and microbusinesses and small businesses (MSBs) that want to align their cash flow and...

Consumers and Smaller Businesses Form an Untapped Embedded Lending Market in Germany
SMBs // September 26, 2024

Embedded lending is growing in popularity around the world. It promises convenient, streamlined access to financing for specific expenses from within merchant, business and other platforms. This is true for individuals and microbusinesses and small businesses (MSBs) that want to align their cash flow and...

Update: UK Adoption of Embedded Lending Falls Short of Potential
SMBs // September 23, 2024

Embedded lending promises convenient, streamlined access to financing within merchant and business platforms. This proves especially impactful for individuals and microbusinesses and small businesses (MSBs) wanting to align their cash flow and expenses. Despite most lenders in the U.K. offering this type of lending, use...

Interviews & Exclusives
From Approval to Bank Account: Why Instant Disbursements Are Critical for Lenders

November 18, 2024
How many potential borrowers are lost to cumbersome loan processes and slow disbursements? Today’s consumers expect the speed and convenience they find in other digital services — but traditional loan processes often fall short. According to the latest “Money Mobility Tracker®,” 73% of borrowers are willing to pay extra for instant loan access. This willingness […]

Embedded Lending Bridges Gap Between Consumers, Businesses and Credit

September 27, 2024
Embedded lending is growing in popularity around the world. It promises convenient, streamlined access to financing for specific expenses from within merchant, business and other platforms. This proves impactful for...

Consumers and Smaller Businesses Form an Untapped Embedded Lending Market in Germany

September 26, 2024
Embedded lending is growing in popularity around the world. It promises convenient, streamlined access to financing for specific expenses from within merchant, business and other platforms. This is true for...

Application Frictions Slow Australians From Adopting Embedded Lending

September 03, 2024
Embedded lending is growing in popularity around the world. It offers convenient, streamlined access to financing for specific expenses from within merchant, business and other platforms. This proves especially impactful...

Quick Reads
Banking Giants Say Consumer Spending Remains Resilient Despite Inflation

October 13, 2024
America’s biggest banks say consumers are still spending in spite of inflation. As Reuters reported Friday (Oct. 11), earnings from two of the country’s biggest banks — and optimistic commentary from their executives — could make investors less worried that high borrowing costs were pressuring consumers and leading to a possible downturn. “Overall, we see […]

Consumer Lenders Worry as Borrowers Struggle With Bills

September 15, 2024
Americans’ struggles with their bills has reportedly been bad news for consumer lending firms. Shares in those companies fell last week following warnings from executives about lower-income customers struggling to...

SavvyMoney Debuts Personalized Loan Offer Automation Tool

July 22, 2024
Credit score solutions company SavvyMoney has debuted an offer automation tool for financial institutions (FIs). The offering, dubbed “Get My Rate,” is the first personalized offer automation tool created specifically...

Fig Financial Launches Personal Loan Service in Canada

July 09, 2024
Toronto-based lender Fig Financial says its personal loan service is now open to all Canadians. “We are providing a true alternative to banks for every Canadian who needs better lending...