Source: en.wikipedia.org
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...
Truist is seeking a buyer for specialty lender Afco Credit as the bank sharpens its focus on banking operations, Bloomberg reported Monday (Oct. 26), citing...
FinTech Revolut debuted its first credit product since becoming a licensed United Kingdom bank, according to a Monday (Oct. 26) press release provided to PYMNTS....
The credit score has a strange blind spot. It knows a lot about the borrower and almost nothing about what the borrower is about to...
More digital assets are moving into lending strategies, turning stablecoin and cryptocurrency holdings into credit exposure for investors seeking yield. The growth shows how the...
Equifax now offers consumer-permissioned financial insights enabled via Mastercard Open Finance alongside the Equifax consumer credit file, the company said in a Friday (Oct. 16)...
A small business can have a warehouse full of merchandise, a growing order book and packages moving toward customers, and still struggle to qualify for...
Large banks are putting more credit cards into the hands of consumers with low credit scores, but they are not pairing that expansion with large...
Auto lenders are entering a period in which collections performance will depend on more than identifying borrowers who are falling behind. They also must account...