loans

ZestMoney Raises $13.4M, Led By Xiaomi

Lending Is Failing To Live Up To 2018’s Great Expectations
Lending Is Failing To Live Up To 2018’s Great Expectations
August 28, 2018  |  Alternative Credit

It was supposed to be a strong year for lending across the board, after a stumpy 2017, which saw numbers in both consumer and commercial...

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China Zeroes In On Online Loan Risk
China Zeroes In On Online Loan Risk
August 28, 2018  |  Cross-border Payments

China is expediting the development of regulation aimed at preventing online lending risks and promoting market stability. Get the Full Story Complete the form to...

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UK Debt Advice Providers Lack Funding To Keep Up With Demand
UK Debt Advice Providers Lack Funding To Keep Up With Demand
August 27, 2018  |  Europe

As consumer debt levels in the U.K. are on the rise and debt collection groups are reportedly not paying voluntary contributions, providers of debt advice...

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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 Credit

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  |  Legal & Regulation

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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