Auto sales are on the rise — and with those gains, it stands to reason that lending to help finance those purchases would also be up. Bank earnings have been a hallmark of quarterly reports this past week, and depending on where you looked, auto...
Paducah, Kentucky-based Computer Services Inc. (CSI) announced on Tuesday (July 13) the launch of its CSI Loan Marketplace, with the goal of helping financial institutions (FIs) gain access to a nationwide market of commercial and consumer loans. “The economic downturn has made it vital for...
Better, the digital mortgage lender, will be purchasing Trussle, the U.K.-based digital mortgage and insurance broker, CNBC wrote Monday (July 12). Trussle is also backed by Goldman Sachs, Finch Capital and others, and the deal values Trussle at $9 million. The pandemic brought about a...
Americans seem to be regaining an appetite for auto loans and leases, credit cards and personal loans, The Wall Street Journal (WSJ) reported. The demand for these types of borrowing shot up 39 percent year over year in April, and up 11 percent compared to...
CheckAlt, which works in providing loan payments and item processing solutions for credit unions (CUs) and banks, is partnering with LEVERAGE Payment Solutions to solve loan repayment problems, according to a press release. With CheckAlt’s LoanPay, borrowers can pay off loans anytime and via any...
The sun is high, the temperature is rising, and with COVID restrictions being lifted around the U.S., Independence Day marks the first opportunity for many to embrace a gathering around the barbeque or a group trip to the beach. It’s also a pivotal moment for...
Those looking to get home loans will now be able to do so through American Express (Amex) and its new partnership with two FinTechs, Better and Rocket Mortgage by Quicken Loans, CNBC reported Wednesday (June 30). Those who are Amex customers who get mortgages from...
Payments and shopping platform Klarna is collaborating with embedded business finance firm Liberis to offer merchants revenue-based loans and other financial services. Rob Straathof, CEO of Liberis, said in a press release on Tuesday (June 29) that the company is “proud” Klarna chose its team...
Last year was a record year for Americans taking out mortgages. And as The Wall Street Journal reported Tuesday (June 22), most of those mortgages came from non-bank lenders. These lenders issued 68 percent of all mortgages in the U.S. in 2020, up from 58.9...