Can Fintech Pave a Way for Financial Inclusion?
Federal Reserve Governor Lael Brainard addressed barriers to financial inclusion at a conference hosted by the Boston Fed and the ...
Tag: Lending
OCC Moves Ahead with Long-Planned and Much-Discussed Fintech Charter
It's good news for fintechs in lending and payments that want a federal banking license, the Office of Comptroller of ...
The Facebook Files: Facebook Built a Bot to Prevent Targeting of Credit Ads — and It Failed
PREMIUM - Facebook built a bot called a "classifier" in order to identify credit, housing, and employment ads, in order ...
LendingClub Shares Wobble as FTC Files Lawsuit
The Federal Trade Commission has filed allegations against marketplace lending company, LendingClub, claiming that it was adding hidden fees, as ...
Home Ownership Platform Unison Expands to Ten New States
EXCLUSIVE— Home ownership platform Unison is expanding to ten additional states, following strong origination growth and new marketing, engineering hires, ...
Citi, LendingClub Tackle Financial Inclusion, Consumer Trust
EXCLUSIVE— Banks are competing on multiple new platforms, with a rising number of competitors, but traditional banks still have the ...
Kabbage Set to Acquire Lending Data Startup Orchard Platform Markets
Small business banking company Kabbage is set to acquire startup Orchard Platform Markets, a provider of lending data and services, ...
British P2P Fintech Zopa Valuation Could Surpass $550 Million
British P2P lender Zopa, which is working on restructuring its business into three categories for the launch of its challenger ...
Lending Startup Upgrade Opens Personal Credit Line, Shares Plan for Mobile App
EXCLUSIVE— Lending startup Upgrade is opening a new personal credit line today, designed to give customers all of the benefits ...
Why Does Alternative Credit Scoring Help Consumers?
EXCLUSIVE— As fintech progresses, consumers are flocking to digital services and products, which all rely on the same thing: data. ...
