loans

Automakers Rev Up Venture Capital Engine With 38 Investments in 2017
Automakers Rev Up Venture Capital Engine With 38 Investments in 2017
January 19, 2018  |  Investments

Automakers that want in on ridesharing, self-driving cars or innovative car financing options aren’t always developing their own technologies or starting their own ventures. Some...

READ MORE >
Ant Financial Approved To Issue Consumer Credit-Backed Securities
Ant Financial Approved To Issue Consumer Credit-Backed Securities
January 16, 2018  |  Loans

Ant Financial Services Group (which offers Alipay) said on Monday (Jan. 15) that it has garnered approval in China to issue consumer credit backed securities...

READ MORE >
Does Tribal Lending Have A Future?
Does Tribal Lending Have A Future?
January 16, 2018  |  Alternative Finances

Scott Tucker’s pre-sentencing “apology” will not likely be remembered as one of history’s greatest all-time allocutions of contrition. The Kansas businessman – facing a 2017...

READ MORE >
Blockchain Boosts Longfin Shares From $5 To $126 In A Week
Blockchain Boosts Longfin Shares From $5 To $126 In A Week
December 19, 2017  |  Blockchain

Longfin, a small startup focused on financial tech, has seen its stock price skyrocket since it started trading last week. According to Fortune, New York-based...

READ MORE >
China Clamps Down On Online Micro-Lenders
China Clamps Down On Online Micro-Lenders
December 01, 2017  |  Loans

The Chinese government’s financial regulators have distributed new rules to local governments, targeting the fast-growing online micro-lending industry. According to news from Reuters, under the new...

READ MORE >
China Continues Its Quest For A Credit Ranking System
China Continues Its Quest For A Credit Ranking System
November 30, 2017  |  South East Asia

China is on the hunt for a homegrown alternative to the U.S.-based FICO score credit ranking system as it attempts to keep up with the...

READ MORE >
Wells Fargo Could Face Enforcement Action for Charging Excess Fees
Wells Fargo Could Face Enforcement Action for Charging Excess Fees
November 30, 2017  |  Bank Regulation

The Office of the Comptroller of the Currency (OCC) warned Wells Fargo in a scathing letter that it is mulling lodging formal enforcement actions against...

READ MORE >
Waddle Lands $38 Million In Debt Funding
Waddle Lands $38 Million In Debt Funding
November 29, 2017  |  B2B Payments

Australia-based alternative small business (SMB) lender Waddle has reportedly received new debt financing. According to news in The Australian on Tuesday (Nov. 28), Waddle secured about...

READ MORE >
Bankers Press For More Lenient Leveraged Lending Guidelines
Bankers Press For More Lenient Leveraged Lending Guidelines
November 28, 2017  |  B2B Payments

Reports in Reuters say bankers and investors are calling on regulators to relax Leveraged Lending Guidelines as they seek to regain market share lost to...

READ MORE >