loans

EBA Warns About Non-Bank Lenders, Recommends Regulatory Changes 

EBA Warns About Non-Bank Lenders, Recommends Regulatory Changes 
EBA Warns About Non-Bank Lenders, Recommends Regulatory Changes 
May 12, 2022  |  Bank Regulation

The European Banking Authority (EBA) has warned that the largely unharmonized regulatory regimes across Europe regarding non-bank lending may create challenges for stakeholders, including regulators,...

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Payday Lenders Face Uphill Road To Invalidate CFPB’s Rules
Payday Lenders Face Uphill Road To Invalidate CFPB’s Rules
May 11, 2022  |  CFPB

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Upstart Signals Turbulence for AI-Driven Lending Models, and Lower FICO Score Borrowers
Upstart Signals Turbulence for AI-Driven Lending Models, and Lower FICO Score Borrowers
May 10, 2022  |  Loans

In this economy, staring down a possible recession, we’ll see if the disruptors to traditional lending wind up being disrupted themselves. Get the Full Story...

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CFPB’s Opinion on Fair Lending Rules Could Extend to AI
CFPB’s Opinion on Fair Lending Rules Could Extend to AI
May 10, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has published an advisory opinion to affirm that banks and other lenders need to follow fair lending laws when...

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Millennial Minute: Sharing Data Digitally Not a Hangup for 80% of Millennials Opening New Accounts
Millennial Minute: Sharing Data Digitally Not a Hangup for 80% of Millennials Opening New Accounts
May 09, 2022  |  Data

The pandemic has pushed the digital shift forward by three to five years minimum, and that’s made it easier — and more attractive — for...

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Robinhood to Let Users Lend Against Stock
Robinhood to Let Users Lend Against Stock
May 04, 2022  |  Loans

Stock brokerage app Robinhood has launched a stock lending feature that lets its users lend out their fully paid stocks to borrowers recruited by the...

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Today in FinTech: Dubai Launches Fund to Help Startups; Goldman Sachs Issues Bitcoin-Backed Loan
Today in FinTech: Dubai Launches Fund to Help Startups; Goldman Sachs Issues Bitcoin-Backed Loan
April 29, 2022  |  Technology

In today’s FinTech news, Dubai is upping its game on becoming a serious digital player by ponying up $100.7 million in venture capital funding to...

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Today in B2B: P97, Viva Energy Team on Contactless Payments; Square Launches Loan Program
Today in B2B: P97, Viva Energy Team on Contactless Payments; Square Launches Loan Program
April 28, 2022  |  B2B Payments

Today in B2B payments, P97 and Viva Energy collaborate on contactless payments for the Australian trucking industry, while Square launches a loan program for Canadian...

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Square Loans Simplifies Funds Access for Canadian Business Owners
Square Loans Simplifies Funds Access for Canadian Business Owners
April 28, 2022  |  Loans

Square has launched Square Loans in Canada, giving small businesses streamlined access to funds by creating customized offers to eligible sellers and giving them a...

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