loans

Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal

Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
April 10, 2018  |  Bank Regulation

The Consumer Finance Protection Bureau is seeking to impose fines – for a record amount – on Wells Fargo tied to the banking giant’s practices...

READ MORE >
Can AI Kill The FICO Score?
Can AI Kill The FICO Score?
April 10, 2018  |  Loans

Just as SAT scores don’t convey everything about a student, FICO scores don’t convey everything about a loan applicant. They can be one valuable piece...

READ MORE >
India Police Tap Central Bank Officials To Help With PNB Inquiry
India Police Tap Central Bank Officials To Help With PNB Inquiry
April 06, 2018  |  International

Investigators in India are questioning four senior central bank officials as part of its investigation into the $2 billion fraud case at Punjab National Bank...

READ MORE >
Amid Job Market Growth, Consumer Delinquencies Wane
Amid Job Market Growth, Consumer Delinquencies Wane
April 04, 2018  |  Debt

Economic tailwinds are helping consumers make timely loan payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >
Heigh-Ho, Heigh-Ho: It’s Off To Work We Go
Heigh-Ho, Heigh-Ho: It’s Off To Work We Go
March 30, 2018  |  Today In Data

Margaret Thatcher’s first campaign slogan, when she was running for England’s prime minister, was “Labour isn’t working.” It’s an adage that feels very relevant today,...

READ MORE >
Small Businesses Flocking To Mobile Loans, Kabbage Finds
Small Businesses Flocking To Mobile Loans, Kabbage Finds
March 29, 2018  |  B2B Payments

Analysis of borrowing behavior among small businesses suggests SMB borrowers are increasingly turning to mobile devices to access funding, according to new data from Kabbage....

READ MORE >
Fundbox Positions Its Credit Closer To B2B Payments
Fundbox Positions Its Credit Closer To B2B Payments
March 14, 2018  |  B2B Payments

Today, alternative small business (SMB) lending company Fundbox is launching Fundbox Pay, a solution the company says will move its credit offering closer to the...

READ MORE >
Amazon Stepping Into SMB Card Space With Chase, Sources Say
Amazon Stepping Into SMB Card Space With Chase, Sources Say
March 14, 2018  |  B2B Payments

Unnamed sources have told reporters that Amazon is looking to expand its small business (SMB) financing operations via the rollout of a commercial card for...

READ MORE >
Ant Financial Has $95B In Consumer Loans Even With Government Crackdown
Ant Financial Has $95B In Consumer Loans Even With Government Crackdown
March 12, 2018  |  Loans

Ant Financial, the payment affiliate of China’s Alibaba, has seen its consumer lending business reach 600 billion yuan ($95 billion) even as the company faces...

READ MORE >