The Federal Reserve wants to get banks to focus on mortgage lending once more, The Wall Street Journal reported Wednesday (Feb. 18). Get the Full...
A downturn in the software and technology sectors could have an impact that rivals that of the energy sector’s issues in 2016, Bloomberg reported Monday (Feb. 9),...
SoFi’s platform strategy was a centerpiece of fourth-quarter earnings on Friday (Jan. 30): Bring in members, persuade them to adopt multiple products, and let lending,...
Equifax has launched a new machine-learning product designed to combat two forms of first-party fraud: loan stacking and credit washing. Get the Full Story Complete...
LendingClub closed the quarter with a sharp increase in lending activity as management pointed Wednesday night (Jan. 28) to increased traction in its LevelUp products....
Credibly has announced a new patent to help it underwrite loans for small- to medium-sized businesses (SMBs), according to a Wednesday (Jan. 28) press release....
For much of modern consumer finance, underwriting has relied on static credit files that offer a delayed view of financial behavior. Those bureau-based models, Block...
Small businesses are sending lenders the message that credit is broadly within reach, so the real fight is over flexibility and control. Get the Full...