loans

Deutsche Bank Backs MarketFinance’s Efforts to Lend $125M to UK SMBs

Deutsche Bank Backs MarketFinance’s Efforts to Lend $125M to UK SMBs
Deutsche Bank Backs MarketFinance’s Efforts to Lend $125M to UK SMBs
May 19, 2022  |  SMBs

London-based FinTech MarketFinance has raised debt from Deutsche Bank that will allow the company to fund part of a 100 million British pound (about $125...

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Subprime Loan Delinquencies Signal Trouble for Paycheck-to-Paycheck Economy
Subprime Loan Delinquencies Signal Trouble for Paycheck-to-Paycheck Economy
May 19, 2022  |  Economy

Where there’s smoke, there’s fire. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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TurnKeyLender, VoPay, Team to Digitize Lending
TurnKeyLender, VoPay, Team to Digitize Lending
May 17, 2022  |  Loans

Canadian integrated payment technology company VoPay has launched a partnership with unified lending management company TurnKey Lender to provide lenders with fully digitized end-to-end process automation,...

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New EU Consumer Credit Rules May Be Approved by Summer
New EU Consumer Credit Rules May Be Approved by Summer
May 16, 2022  |  Legal & Regulation

A committee of the European Parliament will vote in June on the proposed Consumer Credit Directive (CCD) with a view to getting final approval in...

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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

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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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