A New York Fed report shows Americans leaned heavily on their credit cards in June to offset growing financial pressures from inflation.
Bank lending is often the least expensive form of financing but it is not often a consideration at the point of sale. Advances in embedded lending now makes this possible.
Gone are the days of selecting your bank because it’s nearby; now, small businesses want to bank with someone who understands them and has the digital products they are looking for.
Lenders gravitate towards using artificial intelligence (AI), so they must be dedicated to removing biases from their models. Luckily there are tools to help them maximize returns and minimize risks.
The drive to find no-interest credit options during an economic downtown greatly accelerated Buy Now, Pay Later (BNPL) adoption in the U.S. in 2022.
According to TransUnion Insights, in Q3 2022 consumers turned to unsecured personal loans and credit cards for breathing room.
The rise in interest rates has led to banks and fintechs cutting down on lending. For companies like Stori, that is an opportunity.
It was almost a year ago when I first wrote about the U-Haul Investors Club. This is the peer to...
Venture-backed Nova Credit set about developing an alternative to traditional credit analysis to empower borrowers and lenders.
For digital lenders economic uncertainty comes with additional risk. One way to mitigate this risk is with Digital Lending Insurance.