Goldman Sachs and Moody’s Analytics are warning that credit scores of consumers have been inflated during the past ten years, hiding the danger of defaults...
Much has been written about the student loan crisis in the U.S. There are now 44 million borrowers who collectively own $1.5 trillion in debt, making...
“What’s in a name? That which we call a rose by any other name would smell as sweet.” -William Shakespeare, Romeo & Juliet A quick glance...
Goldman Sachs and other investors have led a $44 million investment round in Nav, a company linking small businesses to their business credit scores and...
According to a settlement that was signed with a wholly owned subsidiary, Signet Jewelers Ltd. is to pay federal and state regulators penalties of $11 million for...
When it comes to the economy here in the U.S., the big picture – call it the “top down” view – looks fairly rosy. But...
The numbers are in, and the economy is looking up: Gross domestic product (GDP) is increasing fast, wages are rising and the unemployment rate is...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes a big Facebook tech move, and a...
After years of focusing nearly entirely on a consumer’s payment history, FICO has announced that as of 2019 it will be rolling out a new...