Alternative Financial Services

Getting Consumers Across The Mobile Banking Gap

Getting Consumers Across The Mobile Banking Gap
Getting Consumers Across The Mobile Banking Gap
April 10, 2018  |  Banking

By the numbers, digital banking is — and is not — extremely popular with consumers of all stripes.  According to the latest edition of the PYMNTS...

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Building A Better Lending Model To Serve SMBs Who Served
Building A Better Lending Model To Serve SMBs Who Served
February 06, 2018  |  SMBs

According to the Small Business Administration, of the 28 million U.S. SMBs, roughly 2.5 million, or 9.1 percent, are owned by veterans of the United States Armed Forces. Those...

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Subprime Lending Power Player Victory Park Expands Overseas
Subprime Lending Power Player Victory Park Expands Overseas
January 16, 2018  |  Alternative Credit

Victory Park Capital — a Chicago-based investment firm — is a key player in the alternative financial services movement, providing debt capital for a string...

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What 2018 Will Mean For Marketplace Lenders
What 2018 Will Mean For Marketplace Lenders
January 02, 2018  |  Alternative Credit

2017 was a tough year for some of the biggest names in alternative financial services in the U.S. – Prosper, OnDeck and LendingClub, in particular....

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Why The ICBA Doesn’t Want Square To Be A Bank
Why The ICBA Doesn’t Want Square To Be A Bank
October 17, 2017  |  Alternative Credit

Despite the fact that they are currently being hotly pursued by technologists, the Industrial Loan Charter (ILC) is not exactly a new idea. The concept – originally...

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Why The Final Payday Lending Rules Are Far From The Last Word
Why The Final Payday Lending Rules Are Far From The Last Word
October 11, 2017  |  Alternative Credit

Last week, after five years of debates, discussions, arguments and waiting, the Consumer Financial Protection Bureau’s (CFPB) final rules for payday lending dropped. Get the...

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Student Loan Collection Draws CFPB Attention And Ire
Student Loan Collection Draws CFPB Attention And Ire
September 19, 2017  |  CFPB

The CFPB laid down some serious fines on National Collegiate Student Loan Trusts and its debt collector, Transworld Systems, Inc. The firms were collectively ordered...

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CFPB’s Change Of Payday Lending’s Heart?
CFPB’s Change Of Payday Lending’s Heart?
August 29, 2017  |  Alternative Credit

The final payday lending rules are coming, but reporting by The Wall Street Journal over the weekend suggests that they may not take quite the toll on...

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