Amazon has entered into a term loan agreement with Citibank and more than a dozen other banks that provides the company with a $17.5 billion senior unsecured delayed draw term...
Financial fraud today is no longer chaotic. It is being optimized by artificial intelligence. Across the lending industry, a new category of fraud is emerging...
Housing pressures are reportedly leading more companies to offer “rent now, pay later” loans. That’s according to a report Tuesday (June 9) from the Financial Times (FT),...
The Consumer Financial Protection Bureau (CFPB) released a statement Friday (June 5) reminding creditors that when they assess consumers’ ability to repay mortgages and certain open-end credit products, they...
Installment lending was once framed as a way to broaden access to credit. According to a PYMNTS Intelligence April report, “The Pay Later Data Shift:...
Experian has announced the upcoming launch of a trusted agentic artificial intelligence (AI) layer within the Experian Ascend Platform that is designed to help financial services...
LendingFront and Priority Commerce have announced a partnership to embed business financing directly inside Priority Commerce’s MX Merchant platform. Qualified merchants can now access capital...
Square and Homegrown have partnered on a pilot program that will offer expansion capital through flexible financing for Square sellers that have two or more...