The front door to financial services is widening to include social media platforms, marked by payments integrations and new movements into lending. PYMNTS Intelligence data shows that consumers engage across multiple digital activities throughout the day, including communication, shopping and banking, often within the same...
The U.S. Treasury will meet with insurance regulators to discuss the private credit industry. Those meetings will kick off next month and involve domestic and international insurance regulators, the department said in a Wednesday (April 1) press release. “This first series of meetings will allow participants to survey...
Businesses are reportedly considering using tariff refund claims as collateral as they await government reimbursement. That’s according to a report Thursday (April 2) from Reuters, which characterizes the trend as an indication that importers might be able to meet their short-term funding needs using their claims before...
The Treasury Department is reportedly planning talks with insurance regulators about the private credit market. The talks between the Treasury and domestic and international insurance regulators are being prompted by concerns about liquidity, transparency and lending discipline in the $2 trillion private credit space, Reuters reported Sunday (March 29). While those...
Private credit fund managers are reportedly downplaying their exposure to software amid market upheaval. That’s according to an analysis of the industry published Sunday (March 29) by The Wall Street Journal (WSJ). The news outlet examined four large funds marketed to investors by Apollo Global Management, Ares Management, Blackstone and Blue Owl...
Square is now extending credit to more sellers after improving its underwriting models to assess the creditworthiness of those with non-standard revenue patterns. The new underwriting models enable the company to offer Square Loans to project-based earners, seasonal operators and businesses that are new to...
U.S. Bank has introduced longer-term home improvement loans for its Avvance point-of-sale lending platform. The new loan options, announced Wednesday (March 25), include six-year and and seven-year terms and are designed to help finance higher-cost home improvement projects. “These extended terms provide homeowners with greater...
Coinbase and Better have partnered to enable borrowers to pledge their bitcoin or USDC holdings as collateral for a loan used to cover the down payment on a house. With a crypto-backed mortgage originated and serviced by Better, borrowers get a standard Fannie Mae mortgage...
Private credit is entering a phase where funding access depends on how loans are financed after origination. Market signals show capital flowing to structured credit even as liquidity stress emerges in fund-based lending. In short, private credit is no longer a contest of who can...