A merchant that once represented a stream of transaction fees can now represent a lending relationship, and second-quarter earnings results show payments platforms putting more money behind that proposition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
LendingTree has launched a ChatGPT plug-in that enables consumers to explore current mortgage and refinance rates through a natural conversation with the artificial intelligence assistant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Financial connectivity platform Method has released a tool to provide lenders with ongoing post-origination monitoring. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Two FinTech-bank acquisitions valued at a combined $499 million when announced have turned state interest-rate caps into an M&A issue, with substantial projected deal benefits sitting alongside a challenge from 20 state attorneys general. Get the Full Story Complete the form to unlock this article...
Growth can create a strange problem. A company gets bigger, but the payment and credit tools around it don’t always keep up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Commercial credit decisions have long moved at the speed of the analyst: a new scorecard takes weeks to design, months to validate and another cycle to clear regulatory sign-off. Dun & Bradstreet says agentic AI can compress that timeline. The company announced July 6 that...
U.K. neobank Monzo has introduced an automated debt consolidation experience designed to make the process simpler for customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Institutional investors are reportedly pumping billions of dollars into private credit funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
The Main Street Lending Program, which was authorized by the Federal Reserve in response to COVID-19, has seen 30% of its loans either experience a loss or be at risk of a loss, according to the U.S. Government Accountability Office (GAO). Get the Full Story Complete the form to unlock...
