FICO is withholding financial guidance for fiscal year 2027 as the credit score provider transitions to a new mortgage pricing structure and contends with sluggish...
FinTechs are expanding their lending businesses from two places customers already visit: the app where their paychecks land and the card they bring to the...
Experian made additions to its Boost product designed to help renters in the United Kingdom and buy now, pay later (BNPL) users improve their financial...
The fastest-growing part of consumer credit in September was the kind that lets a household put this week’s groceries on next month’s bill. The Federal...
Banks reported that during the third quarter, they tightened their lending standards for small businesses, subprime mortgages and borrowers not meeting credit scoring thresholds for...
Watch more: What’s Next in Payments With Matt Pearce of i2c The last decision a bank hands to a machine will likely be one that...
OppFi is focusing on flexible credit, tech upgrades and its banking ambitions amid persistent inflation and cooling consumer sentiment. The digital lending platform touted these...
Businesses are using several forms of working capital to pay bills that previously could have been covered by customer receipts arriving earlier. Bank credit lines,...
A commercial borrower’s finances keep changing after a loan is approved, as invoices are collected, inventory is purchased and payroll comes due. Continuous underwriting brings...