loans

Upstart Unveils Custom Loan Tool for Banks and CUs
Upstart Unveils Custom Loan Tool for Banks and CUs
April 25, 2024  |  Loans

Lending marketplace Upstart has debuted a tool to help lenders offer customized loan offers. That tool, dubbed Recognized Customer Personalization (RCP), lets banks and credit unions (CUs) identify when...

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Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
April 24, 2024  |  Earnings

Synchrony Financial reported its Q1 earnings Wednesday (April 24), showing broad-based growth throughout its lending and credit platforms, continued momentum in consumer spending and some...

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Odessa Launches Originations Platform, Plans Auto Finance Suite
Odessa Launches Originations Platform, Plans Auto Finance Suite
April 24, 2024  |  Loans

Equipment finance company Odessa has entered the auto industry. The company has launched an originations platform called Odessa Auto and plans to grow it into a full-service end-to-end auto...

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Decipher Credit Launches SMB Lending Partnership With Validis
Decipher Credit Launches SMB Lending Partnership With Validis
April 22, 2024  |  SMBs

Loan origination platform Decipher Credit has teamed up with small business financial data provider Validis. The partnership will allow commercial lenders to extract financial and accounts receivable...

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Truist Financial’s Digital Transactions Leap 13%
Truist Financial’s Digital Transactions Leap 13%
April 22, 2024  |  Earnings

Digital channels continue to gain adherents in financial services, as Truist Financial Corp.’s latest earnings results showed Monday (April 22). Earnings supplementals revealed that mobile...

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CEO Says KeyBank Is ‘Back to Playing Offense’
CEO Says KeyBank Is ‘Back to Playing Offense’
April 18, 2024  |  Earnings

Liquidity continues to dominate Q1 earnings season for banking. Saying his company can finally “play offense,” Cleveland-based KeyBank CEO Chris Gorman presented a solid balance...

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Discover Financial: Inflation Is Pressuring Lower Income Consumers
Discover Financial: Inflation Is Pressuring Lower Income Consumers
April 18, 2024  |  Earnings

The $35 billion deal for Capital One to buy Discover Financial Services remains on track. And in a truncated first-quarter earnings call — where the...

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CFPB Finds Coding Bootcamp BloomTech Deceived Students About Loans, Jobs
CFPB Finds Coding Bootcamp BloomTech Deceived Students About Loans, Jobs
April 17, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has issued an order against coding bootcamp BloomTech, also known as the Bloom Institute of Technology, and its CEO, Austen Allred, alleging that they deceived...

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Lendica and EBizCharge Partner on Embedded Business Credit Solution
Lendica and EBizCharge Partner on Embedded Business Credit Solution
April 16, 2024  |  B2B Payments

Lendica and EBizCharge have partnered to launch an embedded business credit solution for small and medium-sized businesses (SMBs) in the United States. This collaboration brings...

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