Source: en.wikipedia.org
Digital financial services app SoFi introduced a lending program for small businesses, according to a Tuesday (June 30) press release. SoFi Small Business Loans are...
Ripple wants to add a lending layer to its XRP Ledger blockchain, CoinDesk reported Monday (June 29). The move is a bid by the blockchain...
Installment lending was once framed as a way to broaden access to credit. According to a PYMNTS Intelligence April report, “The Pay Later Data Shift:...
Lending by banks to businesses in the U.K. has reportedly reached a 28-year low. That’s according to a report Monday (May 25) from the Financial...
SoFi has acquired Peach Finance, a lending infrastructure startup specializing in loan servicing software. The acquisition expands SoFi’s enterprise technology capabilities, according to a Thursday...
Subprime consumers are navigating the credit markets through a mix of installments, informal borrowing and carefully managed payment behavior that traditional scoring models do not...
Credit products are becoming more configurable, more installment-oriented and more closely tied to real-time consumer behavior. The shift is forcing issuers to rethink the infrastructure...
OppFi saw its total net originations decrease 7% in the first quarter as the company tightened credit and as larger tax refunds reduced its customers’...