loans

LendingClub Logs Lower-Than-Expected Losses
LendingClub Logs Lower-Than-Expected Losses
August 07, 2019  |  Earnings

Though LendingClub is still reporting losses this quarter and missed its revenue estimates, the market mostly liked what it saw out of the financial services...

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LendingClub Broadens Access To Credit With Select Plus Platform
LendingClub Broadens Access To Credit With Select Plus Platform
August 06, 2019  |  Loans

To broaden access to responsible credit with additional models, LendingClub has announced the rollout of its Select Plus Platform. The offering opens the company’s marketplace...

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Fed Survey: Loan Standards Ease For Smaller Firms
Fed Survey: Loan Standards Ease For Smaller Firms
August 05, 2019  |  Loans

A survey of bank officers published on Monday (Aug. 5) showed loan standards on commercial and industrial loans to both large and mid-sized firms during...

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The Struggle To Make Tuition Payments On Time Is Real
The Struggle To Make Tuition Payments On Time Is Real
August 05, 2019  |  Consumer Finance

The student debt crisis is no joke — loans considered to be in “serious delinquency” continue to increase, which is why it’s not surprising that...

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Report: The Late Tuition Payment Epidemic
Report: The Late Tuition Payment Epidemic
July 30, 2019  |  Payment Methods

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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Jack Ma’s Digital Bank Offers Three-Minute Loans To SMBs
Jack Ma’s Digital Bank Offers Three-Minute Loans To SMBs
July 28, 2019  |  Loans

Jack Ma’s MYbank is aiming to change the way China lends to small businesses. Get the Full Story Complete the form to unlock this article...

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Chinese P2P Lender Lufax Exits Business
Chinese P2P Lender Lufax Exits Business
July 19, 2019  |  Loans

One of China’s largest online wealth management platforms is leaving its peer-to-peer lending (P2P) business behind. Get the Full Story Complete the form to unlock...

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JPMorgan Results Show Active Mobile Customers Up 12 Pct YoY
JPMorgan Results Show Active Mobile Customers Up 12 Pct YoY
July 16, 2019  |  Earnings

JPMorgan posted second-quarter earnings on Tuesday (July 16) that showed strength in consumer-facing operations and double-digit gains in mobile customers, reflecting continued traction across digital...

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Digital Banking Partnerships Gain Traction in the US
Digital Banking Partnerships Gain Traction in the US
July 16, 2019  |  B2B Payments

Digital-only bank N26, based in Europe, has linked with Axos to launch in the US.  Elsewhere in Europe, Lloyds has partnered with Blue Motor Finance...

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