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Lending

Lending
·May. 31, 2024

Tricolor’s plan to serve Hispanics, an emerging economic force

Hispanics are an emerging American economic force, and Tricolor founder and CEO Daniel Chu has a plan to serve them.
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lending
digital lending
·Nov. 15, 2023

Section 1071 Requirements are Coming; Banks Need a Strategy

Despite a stay, 1071 is expected to be implemented. Banks may need to rethink their approach to data processing.
Read Full Story
Online work
artificial intelligence
·Sep. 13, 2023

AI ‘fit for the fraud fight’

'The real power is that AI can actually predict or detect patterns of behavior and suspicious activity that would take a lot longer for traditional methods to uncover.'
Read Full Story
SVB
Lending
·Mar. 12, 2023

Government to backstop SVB deposits; Signature Bank shuttered

It was one of the most tumultuous weekends in the history of fintech, as federal regulators and government agencies took swift action to stop the bleeding after Silicon Valley Bank suddenly collapsed.
Read Full Story
LatAm
·Aug. 9, 2023

Amazon joins fintech fray in Brazil with debut credit card

Amazon launched a credit card product in Brazil in an effort to compete with Mercado Libre and ramp up its fintech strategy in South America.
Read Full Story
Lending
·Mar. 17, 2021

Upstart Posts Strong Results in First Earnings Call and Announces Acquisition

Today, Upstart released their first quarterly earnings since their IPO in December. And it was a very strong quarter indeed....
Read Full Story
Lending
·Feb. 18, 2015

Overview of P2P Automation and Analytics Sites – Part 2

There is an ever increasing number of websites dedicated to aiding in analytics and investing in Lending Club and Prosper....
Read Full Story
AI
·Feb. 15, 2024

Lendbuzz uses AI to disrupt assessments, earns $219M AAA securitization

Lendbuzz blends its founders’ early experiences with AI to disrupt traditional assessment methods and widen the pool of credit-worthy individuals.
Read Full Story
Fintech
·Apr. 30, 2024

Overall U.S. customer satisfaction with BNPL grows: study

As scrutiny of Buy Now Pay Later increases, so too do satisfaction scores among customers using the short-term financing mechanism structured like an installment loan.
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FILE — LendingClub sign and logo at company headquarters in Silicon Valley.
Fintech
·Jan. 26, 2022

LendingClub beats Q4 earnings and delivers profits

Nearly a full year after purchasing RadiusBank, LendingClub boasted revenue of $262.2M and diluted earnings per share of $0.27.

Read Full Story
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