Goldman eyes offering small-business loans in deal with Amazon
Goldman Sachs Group Inc. is in discussions with Amazon.com Inc. to offer small-business loans through the tech giant’s platform, according...
Lending
Toyota Financial’s New Zealand arm inks fintech partnership
Toyota Finance New Zealand (TFNZ) has partnered with Ephesoft, an AI-powered data capturing platform, to help streamline and automate its...
Big banks feel pressure to compete with digital lenders: S&P
The past year saw digital lenders enhance their product suites beyond credit, as big banks focused on adding features to...
Fintech lenders tighten standards, become more like banks
Lara Briehl had a desperate client who was itching to accept an offer. The man was struggling to pay his...
Fintech task force deliberates pros and cons of ‘big data’
More than 2.5 quintillion bytes of data are created every single day. As such, lenders are collecting vast amounts of...
OakNorth names ex-Google exec as CEO
On the heels of an international expansion push, digital bank OakNorth's platform-as-a-service business has named a new CEO. Sunil Chandra, who...
HSBC launches digital personal loans using Amount’s tech
HSBC launched a digital personal loan product for U.S. consumers on Monday in an effort to improve the efficiency of...
Inside the US expansion plans of OakNorth, an aspiring ‘Bloomberg of SME lending’
U.K.-based digital lender OakNorth is using its tech platform as the pillar of its U.S. expansion strategy. The company, which has...
Five questions with BofA’s Duane Freeman
At Bank of America’s auto division, preserving a personal touch is key to engaging with consumers, according to Duane Freeman,...
SMB lender Kabbage secures $200m in funding for growth
Digital lender Kabbage, which offers small businesses lines of credit up to $250,000, has secured a four-year revolving credit facility...
