loans

Discover Sees Q4 Growth In Loans, Card Volume And Charge-Offs

Discover Sees Q4 Growth In Loans, Card Volume And Charge-Offs
Discover Sees Q4 Growth In Loans, Card Volume And Charge-Offs
January 25, 2018  |  Earnings

Discover Financial Services, like so many peers in the financial sphere, took a charge in the fourth quarter tied to tax legislation passed during the...

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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...

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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...

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Does Tribal Lending Have A Future?
Does Tribal Lending Have A Future?
January 16, 2018  |  Alternative Credit

Scott Tucker’s pre-sentencing “apology” will not likely be remembered as one of history’s greatest all-time allocutions of contrition. Get the Full Story Complete the form...

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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. Get the Full Story Complete...

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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. Get the Full Story Complete the form...

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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...

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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...

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