Online P2P lenders in the U.K. may soon be leaving the digital-only world in favor of getting a toe into brick-and-mortar business — specifically, when it comes to mortgage underwriting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In a shot across the bow that hints at a battle between the states and the Consumer Financial Protection Bureau, several Republicans and other lawmakers have said the bureau should not try to short circuit state laws with a pending proposal centered on payday loans....
JPMorgan Chase has announced a $3 million year-two challenge for technologically innovative startups, in conjunction with the Financial Solutions Lab (FinLab) at the Center for Financial Services Innovation (CFSI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
A pretty significant criminal enterprise is taking place online, and those behind the operation aren’t being particularly shy about it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Creditworthy but unscorable. What gives? Old credit scoring models, for one. VantageScore sat down with PYMNTS to explain how using new credit scoring models can expand the pool of borrowers without increasing the risk to the lender.
There are busy weeks, and then there are weeks like last week. 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...
Until about two years ago, very few people outside of New England had ever heard of Market Basket — a privately owned and operated supermarket chain located exclusively within southern New England. Which is actually something of a shame because, despite being small — there are...
Merchants are losing an estimated $4 trillion to shopping cart abandonment – and the problem is only getting worse. But the solution may lie in revamping the credit card payment process obstacle course consumers face when making digital purchases. Klarna CEO North America Brian Billingsley...
Fascination with the inner workings of the U.S. government is almost never at what anyone would call a fever pitch. There are test patterns that have better ratings than C-Span every week. Unless the United States government is not currently shut down, under armed assault...
