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RecargaPay Authorized to Offer Loans
November 17, 2021

RecargaPay, a mobile payments and wallet for Brazil, has received authorization from the central bank to provide loans, according to a Wednesday (Nov. 17) report from The Paypers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Loans
CFPB to Gather Comments on Data Collection in Mortgage Lending
November 16, 2021

The Consumer Financial Protection Bureau (CFPB) is looking for input on implementing the Home Mortgage Disclosure Act (HMDA), which requires lenders to report information about home loans they receive applications for, originate or buy, according to a press release. Get the Full Story Complete the...

Loans
Holidays Could be Tough for Consumers Living Paycheck to Paycheck
November 16, 2021

Thanksgiving is in front of us, though we all know the unofficial kickoff to the holiday spending season really happens before Black Friday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Loans
CFPB Lawsuit Alleges Pawn Lenders Bilked Military Families
November 12, 2021

The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against pawn lenders FirstCash, Inc. and Cash America West, Inc. on Friday (Nov. 12) in a Texas federal district court, charging the companies with violating the Military Lending Act (MLA) by charging active-duty service members too...

Loans
Upstart’s Triple-Digit Growth Shows AI-Based Lending’s Heady Pace
November 10, 2021

As growth stocks continue their heady (but never completely steady) climb on Wall Street, the question remains: When are triple-digit gains not enough? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Loans
Sezzle, Bread Partner on Loan Program
October 25, 2021

The payments company Alliance Data Systems has formed a partnership with the buy now, pay later (BNPL) platform Sezzle, with Alliance offering its installment loan business Bread through Sezzle’s merchant network. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Loans
Fiserv Expands Credit Options for SMBs
October 14, 2021

Payments and financial services provider Fiserv has launched a digital credit and lending platform for small and medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Loans
FutureFuel.io, Fiserv Announce Collaboration on Student Loan Repayment Platform 
October 13, 2021

Technology platform FutureFuel.io announced a collaboration with global payments provider Fiserv that will enable banks and credit unions to bring the FutureFuel.io student loan repayment platform to consumers, according to a Wednesday (Oct. 13) press release.   Get the Full Story Complete the form to unlock...

Loans
Asia Pacific’s Next Big Finance Opportunity: Giving Credit Where There is None
October 12, 2021

At a glance, it could be argued that small business owners have more choices than ever to get the working capital they need, as FinTechs, neobanks and legacy lenders all compete to offer loans and lines of credit. But available options are not always viable...