Despite a return of volatility to the stock market, the premium that investors want on loans that are packaged and offered as bonds has hit its lowest level since the financial crisis of 2008 and 2009. Get the Full Story Complete the form to unlock...
The Federal Reserve revealed in its quarterly survey on Monday (Feb. 5) that loan officers in banks around the U.S. eased lending standards for businesses but tightened lending standards when it came to commercial real estate loans. Get the Full Story Complete the form to...
Goldman Sachs has taken another step to boost its presence in the consumer lending market by marketing home improvement loans to its customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Ant Financial Services Group (which offers Alipay) said on Monday (Jan. 15) that it has garnered approval in China to issue consumer credit backed securities to institutional investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
JPMorgan Chase announced Thursday (Jan. 11) that it inked a partnership with AutoFi, the FinTech auto lending company. 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...
Firms that lend money to mid-sized businesses in the U.S. are growing worried about the levels of debt these companies have compared to a year ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Fresh off a $200 million funding round, Affirm's CEO Max Levchin cautions PYMNTS' Karen Webster against thinking the money is simply a validation for the company -- and he says that even tougher, bigger challenges lie ahead. Here's his take on how the stage is being...
With the nation collectively owing $1.3 trillion in student loan debt and countless graduates struggling to pay back their student loans, one Ivy League school, Brown University, is getting rid of it. Get the Full Story Complete the form to unlock this article and enjoy...
Curo Group, one of the largest payday lenders in the U.S., went public on the stock market with a valuation of $620 million. According to a report in the Financial Times, the lender – which goes after underbanked consumers or those who aren’t represented by...
