The U.S. SEC has been scrutinizing several crypto firms because of an inquiry into companies paying interest on virtual token deposits, Bloomberg reports. Get the...
In a Q4 LendingClub earnings call, CEO Scott Sanborn laid out the company’s vision for 2022, to keep building its on-balance-sheet loan portfolio and moving...
If stability is a good thing to have among financial service providers, we’ve hit the jackpot in this month’s edition of the PYMNTS Provider Ranking...
Commercial construction, a $900 billion industry in the U.S., has the longest days sales outstanding (DSO) of any mature industry — 83 days. Get the...
Open banking platform Tink is rolling out a new service in the U.K. that enables lenders to verify a person’s income using real-time data from...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Consumer Finance Protection Bureau (CFPB) has announced its intent to look into post-secondary schools like for-profit colleges, which extend private loans to students. Get...
Using alternative data to underwrite business loans to small- to medium-sized businesses (SMBs) isn’t new, whether pulling from social media or using other nontraditional means....