Synthetic Fraud Slows as Cybersecurity Awareness Increases
EXCLUSIVE—The growth of synthetic fraud, or the method by which fraudsters use a combination of real and false details to ...
Tag: Lending
With 7M Customers (And Bitcoin Support) Is Square Cash App a Real Venmo Competitor?
EXCLUSIVE--Is Square quietly building the P2P app that will take Venmo’s crown? With seven million active monthly users in December ...
Consumers Are Getting More Comfortable With Mobile Loans (But Not That Comfortable)
Customers are growing more comfortable completing (at least parts of) the loan process over online or mobile mediums, a study ...
LendingClub Shares Fall as it Misses Estimates, Net Loss Nearly Triples
EXCLUSIVE— Shares of San Francisco-based online lender, LendingClub, fell as much as 11% yesterday after the company missed profit estimates ...
10 Most Innovative CEOs in Banking 2018 Page 3
LinkedIn Anthony Noto, SoFi Online lending service SoFi had a rough 2017, ousting CEO Mike Cagney after allegations about ...
Alt-Lender TruFin Raises $97M in IPO
U.K. alternative lender TruFin has raised about $97 million in an IPO, the firm announced today. The company will start ...
Consumer Lender PayBright Lauches E-Commerce Instant Financing Solution in Canada
Consumer lender PayBright today launched an instant consumer financing for online purchases feature in Canada, just in time for the ...
Fintechs Have a Larger Share of Personal Loans than Banks or Credit Unions
Fintech lenders are making significant gains in the personal loan space, according to a recent TransUnion report, which follows the ...
Cleveland Fed Pulls P2P Lending Report for ‘Revision’ Over Questions on Data
The Federal Reserve Bank of Cleveland has taken a report on P2P lending offline due to questions regarding the report’s ...
Marcus from Goldman Sachs Surpasses 2017 Goal
EXCLUSIVE- Online consumer lender Marcus by Goldman Sachs has reached its annual goal for loan originations. Martin Chavez, chief financial ...
