loans

Metro Bank Teams With Covecta to Bring AI to the Loan Life Cycle
Metro Bank Teams With Covecta to Bring AI to the Loan Life Cycle
March 17, 2025  |  Partnerships

Metro Bank has launched a partnership with Covecta, an artificial intelligence (AI) platform for financial services. Get the Full Story Complete the form to unlock...

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CredibleX to Integrate Mastercard’s Small Business Credit Analytics
CredibleX to Integrate Mastercard’s Small Business Credit Analytics
March 13, 2025  |  SMBs

CredibleX said Wednesday (March 12) that it will integrate Mastercard’s Small Business Credit Analytics (SBCA) into its embedded financing platform. Get the Full Story Complete...

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SoFi Lands $5 Billion to Expand Loan Platform Business
SoFi Lands $5 Billion to Expand Loan Platform Business
March 13, 2025  |  Investments

SoFi has finalized an agreement with Blue Owl Capital worth at least $5 billion. Get the Full Story Complete the form to unlock this article...

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Credit Quality Weakens Slightly Among Borrowers Owing Over $100 Million
Credit Quality Weakens Slightly Among Borrowers Owing Over $100 Million
March 10, 2025  |  Debt

The credit risk associated with large, syndicated bank loans remains moderate, although there are some continuing trends in weakened credit quality, three federal bank regulatory...

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Embedded Finance Boom Continues to Reshape Financial Ecosystems
Embedded Finance Boom Continues to Reshape Financial Ecosystems
March 10, 2025  |  Innovation

Direct-to-consumer offers have long been a mainstay of finance. But embedded finance is reshaping what it means for banks, businesses and FinTechs to interact, in...

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Revolving Debt and Credit Card Spending Muted in January
Revolving Debt and Credit Card Spending Muted in January
March 07, 2025  |  Consumer Finance

After a holiday spending frenzy, consumers have returned to a more normalized rate of spending, as measured in incremental borrowing on credit cards and other...

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Late Car Payments Hit Highest Rate in More Than 30 Years
Late Car Payments Hit Highest Rate in More Than 30 Years
March 06, 2025  |  Loans

American consumers are missing monthly car payments at the highest rate since 1994. Get the Full Story Complete the form to unlock this article and...

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Court Grants FTC Motion for Preliminary Injunction Against Seek Capital
Court Grants FTC Motion for Preliminary Injunction Against Seek Capital
March 04, 2025  |  Legal

The Federal Trade Commission (FTC) said Tuesday (March 4) that a court granted its motion for a preliminary injunction against Seek Capital and its founder and CEO, Roy Ferman....

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Interest Rate Caps Threaten Credit Access and FinTech Partnerships
Interest Rate Caps Threaten Credit Access and FinTech Partnerships
March 03, 2025  |  Bank Regulation

There have been pockets of momentum to curb interest rates charged for balances credit cards and for loans extended by FinTechs. Get the Full Story...

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