Corporate delinquencies are reportedly at the highest rate they’ve reached in eight years. The delinquency rate for loans from U.S. banks to both U.S. and foreign companies...
For Equifax, macro headwinds from a job market slowdown and the volatile mortgage market — where uneven loan demand has been a hallmark amid relatively...
Galoy has debuted a tool to meet what it calls “soaring” demand for bitcoin-backed loans. The company, maker of digital-asset-centric banking software, announced Thursday (Feb. 6) the launch...
First Citizens Bank and global investment firm Sixth Street have launched a new platform designed to provide flexible capital equipment financing solutions to middle market...
Consumers can’t spend money they don’t have, and right now, many are running out of cash. The lenders that win are the lenders that give...
PayPal’s fourth-quarter earnings results showed slowing growth along several metrics, as well as continued traction in the company’s branded checkout initiatives. Total payment volumes were...
Plaid has launched a partnership with loan origination platform Algebrik AI. The collaboration, announced Monday (Feb. 4), will integrate Plaid’s consumer-permissioned data with Algebrik, allowing for easier identity verification,...
Credit products are changing, with personal loans, embedded finance, and buy now, pay later (BNPL) gaining traction. According to a PYMNTS Intelligence report, “BNPL and...