Mpower Financing, an American lender focused on loans to international students, is reportedly shutting down. That’s according to a report Wednesday (Oct. 7) by Bloomberg News, which calls this one of the biggest corporate implosions related to President Donald Trump’s immigration crackdown. According to the report, Mpower had...
FedEx Dataworks, the insights and intelligence subsidiary of FedEx Corp., and Stripe plan to leverage their respective platforms to expand access to financing for small and medium-sized businesses (SMBs), the companies said in a Tuesday (Oct. 6) press release. This project, which they plan to...
Experian has launched a new consumer reporting agency that helps financial institutions leverage consumer-permissioned cash flow insights to support underwriting decisions, the company said in a Tuesday (Oct. 6) press release. The Experian Cashflow Data Bureau operates under the Fair Credit Reporting Act (FCRA) and...
A credit file doesn’t capture every signal lenders can use to judge whether a borrower will repay. Roughly 25 million U.S. adults lack enough recent credit activity to generate a usable score, the Consumer Financial Protection Bureau (CFPB) noted last year, as PYMNTS reported. PYMNTS...
October 06, 2026
A credit file doesn’t capture every signal lenders can use to judge whether a borrower will repay. Roughly 25 million U.S. adults lack enough recent credit activity to generate a usable score, the Consumer Financial Protection Bureau (CFPB) noted last year, as PYMNTS reported. PYMNTS Intelligence separately found that 35% of subprime consumers have neither […]
August 27, 2026
A small business can grow itself out of federal lending eligibility long before it becomes a large company. The Small Business Administration is proposing to give some of those firms...
August 14, 2026
A merchant that once represented a stream of transaction fees can now represent a lending relationship, and second-quarter earnings results show payments platforms putting more money behind that proposition. Block...
August 10, 2026
Watch more: Monday Conversation With Method’s Jose Bethancourt A lender underwrites a borrower on the strength of a financial picture that starts aging the moment the loan closes. It’s then...
October 07, 2026
Mpower Financing, an American lender focused on loans to international students, is reportedly shutting down. That’s according to a report Wednesday (Oct. 7) by Bloomberg News, which calls this one of the biggest corporate implosions related to President Donald Trump’s immigration crackdown. According to the report, Mpower had been relying heavily on students from African countries like Zimbabwe, a […]
October 06, 2026
FedEx Dataworks, the insights and intelligence subsidiary of FedEx Corp., and Stripe plan to leverage their respective platforms to expand access to financing for small and medium-sized businesses (SMBs), the...
October 06, 2026
Experian has launched a new consumer reporting agency that helps financial institutions leverage consumer-permissioned cash flow insights to support underwriting decisions, the company said in a Tuesday (Oct. 6) press...
October 05, 2026
Valon Technologies raised $150 million in a Series D funding round to accelerate the deployment of its artificial intelligence (AI) platform for mortgage servicing, the company said in a Monday...
