The FTC is sending millions in refunds to victims of a student fraud scheme. The $4.1 million payments will go to some 27,000 consumers who were duped by a...
The traditional spigots of credit continue to tighten for small businesses. Blame higher rates, the continued fallout of the Silicon Valley Bank collapse last year, and skittishness...
For merchants, reliant upon consumer spending — and credit as a way to enable that spending — the warning signals are flashing. The Fed’s latest...
Consumers’ total outstanding credit leapt by $19.5 billion in January. Revolving credit accounted for $8.4 billion of the increase, while nonrevolving credit made up the...
Digital banking/finance platform Dave says its customers are seeking extra cash. More accurately, they’re seeking ExtraCash, the company’s cash advance program, which saw disbursements jump by double...
The United Kingdom’s Financial Conduct Authority will investigate the use of personal guarantees by lenders for small business loans. The investigation was sparked by a “super complaint”...
Nova Credit has introduced its Nova Credit Platform, which is aimed at transforming how lenders manage and analyze consumer credit data. This new platform provides a means...
Point-of-sale financing firm ChargeAfter has debuted an embedded lending platform for banks. The Lending Hub, announced Monday (Mar. 4), is designed to let banks and financial institutions...
Australian FinTech Beforepay has launched a commercial version of its risk management and lending platform. Dubbed Carrington Labs, the new offering gives enterprise clients access to the...