Equifax has launched a new machine-learning product designed to combat two forms of first-party fraud: loan stacking and credit washing. The new Credit Abuse Risk...
LendingClub closed the quarter with a sharp increase in lending activity as management pointed Wednesday night (Jan. 28) to increased traction in its LevelUp products....
Credibly has announced a new patent to help it underwrite loans for small- to medium-sized businesses (SMBs), according to a Wednesday (Jan. 28) press release....
For much of modern consumer finance, underwriting has relied on static credit files that offer a delayed view of financial behavior. Those bureau-based models, Block...
Small businesses are sending lenders the message that credit is broadly within reach, so the real fight is over flexibility and control. That was the...
The Consumer Financial Protection Bureau and the Department of Justice withdrew a 2023 joint statement that warned lenders not to look at an applicant’s immigration...
Brazilian FinTech Agibank reportedly may postpone a planned initial public offering (IPO) in the United States after Brazil’s social security system suspended one of the...
Experian made its commercial data information available through its Ascend platform. The move offers “in-depth, granular information on the borrowing and repayment history” of more...