loans

Laplanche’s Upgrade Raises $62M To Reinvent Consumer Credit
Laplanche’s Upgrade Raises $62M To Reinvent Consumer Credit
August 23, 2018  |  Loans

When Renaud Laplanche founded LendingClub 12 years ago in 2006, the lending landscape was a very different place. Most consumer and business lending was done...

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The $70K Dent The Financial Crisis Put In The US Consumer’s Pocketbook
The $70K Dent The Financial Crisis Put In The US Consumer’s Pocketbook
August 21, 2018  |  Alternative Finances

While the Great Recession technically began in Dec. 2007, most people remember a different date as the “real” start to the Great Recession: Sept. 15, 2008....

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Bank CEO Accused Of Accelerating Manafort Loan Approvals
Bank CEO Accused Of Accelerating Manafort Loan Approvals
August 13, 2018  |  Politics

Federal Savings Bank‘s chief executive Steve Calk is being accused of helping Paul Manafort, the former Trump campaign chairman, secure loans in exchange for a...

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Today In Data: The Upgrading And Diversifying Face Of Financial Services
Today In Data: The Upgrading And Diversifying Face Of Financial Services
August 09, 2018  |  Today In Data

After a long, and at times painful, journey back from the wilderness that began in May 2016, it looks like things are getting back on...

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OnDeck Sees Loan Originations Up 26 Pct In 2Q
OnDeck Sees Loan Originations Up 26 Pct In 2Q
August 07, 2018  |  Earnings

OnDeck Capital reported second quarter results that showed continued growth in loan originations and improved credit quality metrics. Management stated on a conference call with...

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Zillow Gets Into Mortgages With Acquisition Of Mortgage Lenders Of America
Zillow Gets Into Mortgages With Acquisition Of Mortgage Lenders Of America
August 07, 2018  |  Real Estate

Zillow, the online real estate company, is getting into the mortgage market, announcing Monday (August 6) that it is acquiring Mortgage Lenders of America, a...

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Loan Defaults Plague Chinese P2P Industry
Loan Defaults Plague Chinese P2P Industry
July 23, 2018  |  Loans

Investors have been withdrawing funds from peer-to-peer lending platforms amid a wave of defaults across the industry in China. Get the Full Story Complete the...

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Visa Launches Omni Loyalty Platform; Alibaba Kicks Off ‘Malaysia Week’
Visa Launches Omni Loyalty Platform; Alibaba Kicks Off ‘Malaysia Week’
July 11, 2018  |  Global Payments

Consumers in Sweden and Norway are more likely to take out a loan this summer than borrowers in Finland, according to a press release from Tieto....

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New Scoring Models For The Underserved Gaining International Attention
New Scoring Models For The Underserved Gaining International Attention
July 03, 2018  |  Banking

The majority of Americans don’t dedicate much time to routine access to financial services. About 77 percent of American adults are able to have all...

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