loans

NY Fed Sees Increase In Access To Consumer Credit
NY Fed Sees Increase In Access To Consumer Credit
November 21, 2017  |  Loans

The Federal Reserve Bank of New York painted a more optimistic picture of U.S. households, saying access to credit has improved at the same time...

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Fed’s Brainard Says Banks Play Key Role In Holding FinTechs Accountable
Fed’s Brainard Says Banks Play Key Role In Holding FinTechs Accountable
November 17, 2017  |  Regulation

Lael Brainard, a member of the Federal Reserve’s Board of Governors, thinks that traditional lenders need to demand that online financial companies protect consumer privacy...

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Amid Push To Open China’s Financial Markets, Some Banks May Hesitate
Amid Push To Open China’s Financial Markets, Some Banks May Hesitate
November 16, 2017  |  Bank Regulation

Will China’s invitation get the party started? Put a different way: If you open a country’s financial markets, will the (foreign) banks bring the capital?...

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Only 12 Percent Of SMBs Have Used Alternative Finance, Survey Finds
Only 12 Percent Of SMBs Have Used Alternative Finance, Survey Finds
November 15, 2017  |  B2B Payments

A new survey from alternative lender Reliant Funding found only 12 percent of surveyed small businesses (SMBs) have actually used alternative finance. The company released...

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Goldman Sees $13B In Consumer Loans In Its Future
Goldman Sees $13B In Consumer Loans In Its Future
November 15, 2017  |  Loans

Goldman Sachs revealed that it can reach $13 billion in new consumer loans in the next three years through its Marcus online lending business. According...

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Today In Data: Healthcare Debt, Unbanked Economy Boosters And Late B2B Payments
Today In Data: Healthcare Debt, Unbanked Economy Boosters And Late B2B Payments
November 14, 2017  |  Today In Data

B2B payments are powerful, but so are mounting debts. Innovative technology is making it increasingly easy for companies and individuals to exchange money for goods...

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Today In Data: Same-Day ACH Credit, Square Loans And Ransomware
Today In Data: Same-Day ACH Credit, Square Loans And Ransomware
November 09, 2017  |  Today In Data

In a world of evolving technology and instant offerings, financial institutions (FIs), cybersecurity providers, merchants and consumers must all remain aware of the innovative solutions...

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Capital One Exits The Mortgage Origination Business
Capital One Exits The Mortgage Origination Business
November 09, 2017  |  Loans

Capital One Financial Corp. is getting out of the mortgage origination and home equity business, while continuing to service their existing and pending home loans,...

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LendingClub’s Q3 Earnings: Loans Grow, Losses Shrink, Stock Slammed
LendingClub’s Q3 Earnings: Loans Grow, Losses Shrink, Stock Slammed
November 08, 2017  |  Earnings

LendingClub investors headed for the exits, sending the stock down as much as 20 percent after hours when the company posted third-quarter results that topped...

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