-
Prosper is already offering loans at doctor's offices while Lending Club is testing a device that would allow it to make loans on the spot at car dealerships and other retailers. The efforts highlight the need for marketplace lenders to keep innovating as competition for customers intensifies.
May 8 -
Lending and access to banking services in distressed neighborhoods has risen as a result of "mission-oriented" banks, according to a new report from the National Community Investment Fund, an advocacy organization.
May 7 -
A community development venture in the District of Columbia supported by Citigroup, government officials and local financial institutions has partnered with loan marketplace Biz2Credit to facilitate loans to small businesses.
May 7 -
Munich-based payment company Wirecard AG will support the implementation and financial processes behind the launch of Orange Cash in Spain.
May 7 -
The Chicago-area community bank, which started in the basement of a church as a savings and loan 117 years ago, has started a series of free webinars to give people guidance to free themselves from debt.
May 5 -
Western Independent Bankers, a consortium of about 130 community banks in 13 western states, has entered into a deal to use the marketplace lender LendKey to underwrite and service auto loans.
May 5 -
Wallaby Financial, a company that makes an app to help consumers determine which cards provide the best rewards for each purchase, has agreed to market the Wocket Smart Wallet device to its customers.
May 4 -
Discover Financial Services has promoted Julie Loeger to its chief marketing position for U.S. cards.
May 1 -
Marketplace lender Social Finance has expanded its education loans to parents of students in 49 states and the District of Columbia.
April 30 -
Another Bank of America executive has joined Novantas, a maker of financial-analytics software for banks.
April 30 -
Everlink Payment Services Inc. of Markham, Ontario, has introduced a new anti-fraud service that allows Interac debit card users to activate and deactivate their accounts for security.
April 30 -
New York Gov. Andrew Cuomo and New York Superintendent of Financial Services Benjamin Lawsky today proposed new regulations for the title insurance industry, including restrictions on meal and entertainment expenses.
April 29 -
Comerica in Dallas has promoted Curtis Farmer to president.
April 29 -
United Bankshares in Charleston, W.Va., reported higher profit more than a year after announcing a key acquisition.
April 28 -
First Community Bancshares, of Bluefield, Va., increased its profits slightly as legal costs and losses and expenses from selling foreclosed real estate declined.
April 28 -
Sun Bancorp in Mount Laurel, N.J., swung to a profit thanks to branch closings and other expense reductions.
April 27 -
Cardtronics plans to deploy 50 automated teller machines in Haggen grocery stores.
April 27 -
Provident Financial Services in Iselin, N.J., defended narrowly missing earnings expectations by calling its credit and pricing approaches "prudent" and disciplined.
April 24 -
BankUnited in Miami Lakes, Fla., reported lower quarterly profit as its noninterest expenses rose.
April 24 -
In another escalation of Quicken Loans' ongoing clash with the government, the Department of Justice on Thursday filed a lawsuit alleging shoddy underwriting by the company.
April 23