loans

National Funding Names Rob Rosenblatt to Head Digital Lending Division

National Funding Names Rob Rosenblatt to Head Digital Lending Division
National Funding Names Rob Rosenblatt to Head Digital Lending Division
November 01, 2022  |  Personnel

Aiming to serve significantly more small businesses, specialty finance company National Funding has hired Rob Rosenblatt as president of its new digital lending division, called...

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Cashfree Payments Unveils New Tool for Digital Lending
Cashfree Payments Unveils New Tool for Digital Lending
October 27, 2022  |  Digital Payments

India’s Cashfree Payments has debuted a new tool it says is designed to help non-banking financial companies meet the country’s new digital lending rules. Get...

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Krea and Klarna Tout Success of SME Loan Program
Krea and Klarna Tout Success of SME Loan Program
October 26, 2022  |  Loans

Swedish FinTechs Krea and Klarna said Wednesday (Oct. 26) that their partnership has helped small and medium-sized enterprises (SMEs) in that country receive larger loan...

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Amex Reserves $387M for Bad Loans as Inflation’s Bite Continues
Amex Reserves $387M for Bad Loans as Inflation’s Bite Continues
October 21, 2022  |  Credit Cards

American Express said Friday (Oct. 21) that it had put aside more money for delinquent loans than anticipated, another red flag for U.S. consumer health....

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Addressing America’s Financial Health Crisis
Addressing America’s Financial Health Crisis
October 19, 2022  |  Opinion

In the new PYMNTS eBook, “What’s Your Plan? Payments Strategies for a Strong 2022 Finish,” LendingClub SVP and Financial Health Officer Anuj Nayar says providing...

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Goldman’s Marcus Logs $110B in Deposits as Digital Bank Refocuses
Goldman’s Marcus Logs $110B in Deposits as Digital Bank Refocuses
October 18, 2022  |  Earnings

Amid the macro headwinds, Goldman Sachs’ digital bank is a work in progress. Get the Full Story Complete the form to unlock this article and...

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BofA, AmEx Report Rising Credit Card Delinquencies
BofA, AmEx Report Rising Credit Card Delinquencies
October 17, 2022  |  Credit Cards

Credit card delinquency rates in the U.S. are slowly creeping upward, Bank of America and American Express reported Monday (Oct. 17). Get the Full Story...

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ACI Worldwide, Constant Team to Promote Consumer Digital Engagement
ACI Worldwide, Constant Team to Promote Consumer Digital Engagement
October 12, 2022  |  Partnerships

Payments software company ACI Worldwide has formed a partnership with Constant, a FinTech that makes self-service loan management software. Get the Full Story Complete the...

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Banks Expected to Boost Loan-Loss Reserves for Third Consecutive Quarter
Banks Expected to Boost Loan-Loss Reserves for Third Consecutive Quarter
October 11, 2022  |  Banking

Bank loan-loss reserves are expected to increase for the third month in a row to as much as $4.5 billion as the nation’s six largest...

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