(source: opploans.com)
Enova saw its charge-offs increase during the fourth quarter but remain below those it saw before the pandemic. Compared to the same quarter a year earlier,...
The Consumer Financial Protection Bureau (CFPB) has ordered online lender Enova International to pay a $15 million penalty, banned it from offering certain consumer loans...
As banking relationships evolve, bank offerings are transforming alongside them. This, as Rohit Mathur, head of Bridge built by Citi, tells PYMNTS CEO Karen Webster that...
Digitization of small- to medium-sized business (SMB) banking is a double-edged sword. Sandip Nayak, chief AI and insights officer at Amount, told PYMNTS that financial...
Digital payments service Paytm has been taking a hit lately, with negative buzz about sliding share prices and widening losses as it closed out 2021....
Following lawsuit threats by the Security and Exchange Commission (SEC), Coinbase is killing its proposed loan product Coinbase Lend and its associated waitlist. “Our goal...
Personal, unsecured loans issued through online lenders like Best Egg, LendingClub and Upstart have long been seen as particularly vulnerable in a downturn. But new...
Enova International plans to acquire online small-business lender OnDeck for some $90 million in cash and stock. “This strategic transaction, which brings together two FinTech leaders, is a...
Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with legislators at the state and federal levels addressing concerns that include...