consumer lending

 Taking Stock Of The Banks Scrambling For Blockchain
 Taking Stock Of The Banks Scrambling For Blockchain
August 29, 2018  |  Blockchain

Blockchain technology is making ever-more inroads into various verticals to convey data and payments, according to a recent report from audit, assurance, consulting and tax services provider...

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Banks And The Blockchain Scramble
Banks And The Blockchain Scramble
August 29, 2018  |  B2B Payments

Blockchain is getting its share of true believers. Among them are banks, traditional FIs and central banks. A series of new projects demonstrate that sanguine embrace...

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Google Pairs With Indian Banks On Consumer Loans
Google Pairs With Indian Banks On Consumer Loans
August 29, 2018  |  Google

Google has announced that it is partnering with select Indian banks to offer consumers instant, pre-approved loans via Google Pay (formerly known as Tez). Last year,...

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Today In Data: Investing In A More Efficient Future
Today In Data: Investing In A More Efficient Future
August 24, 2018  |  Today In Data

Efficiency is everything, pretty much in any arena. Because being inefficient is very costly – both in literal dollars and in opportunities lost to forge business relationships. But where...

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First Data Integrates With Ellie Mae’s Consumer Lending Platform
First Data Integrates With Ellie Mae’s Consumer Lending Platform
August 21, 2018  |  Partnerships / Acquisitions

First Data, the commerce-enabling technology company, announced on Tuesday (Aug. 21) that it has integrated with Ellie Mae’s Encompass Consumer Connect lending platform. In a press...

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Cabot Square Capital Sells 321 Crédito
Cabot Square Capital Sells 321 Crédito
July 25, 2018  |  Banking

Cabot Square Capital, a U.K. financial services firm, on Wednesday (July 25) sold its entire stake in 321 Crédito, a Portuguese consumer finance lender, to...

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Personal Loans Are The Fastest-Growing Lending Category
Personal Loans Are The Fastest-Growing Lending Category
July 04, 2018  |  Loans

As a consumer lending category with the fastest growth, outstanding balances for personal loans jumped by about 18 percent to $120 billion in the first...

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LendingClub Gets Sued By The FTC; Stock Hits Record Low
LendingClub Gets Sued By The FTC; Stock Hits Record Low
April 25, 2018  |  Legal

LendingClub, the online lender that was once a favorite of Wall Street investors, saw its stock hit a record low on Wednesday (April 25) after...

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