Commercial lending

Enova has used AI in credit decisions for years. Now it’s having AI do the work of document verification, know-your-customer checks and more.

The industry has taken some steps to lower barriers to affordable housing, but some observers say that more can be done.

Consumer Financial Protection Bureau Directors Kathy Kraninger is under pressure to ask a federal judge to lift a stay that has kept the agency's short-term-lending rule from going into effect.

The acquisition of Radius Intelligence fits with the online lender's existing focus on small commercial borrowers.

A year after the major credit bureaus agreed to strip tax liens and civil judgments from consumers' credit files, a new study says it is hampering lenders' credit decisions. But proponents of the move insist it was the right call.

The debate over the CFPB's plan to revamp its payday lending regulation should focus on the benefits for borrowers.

Kristy Kim was an immigrant success story with a degree from Berkeley and a lucrative job — except her lack of credit history precluded her from getting a car loan. She started TomoCredit to help the many young folks who struggle to qualify for a credit card.

The Cincinnati bank recently expanded its renewable energy banking business to include investment banking services. Its ambitious goals demonstrate the sector’s growing appeal to regional and community banks.

An economic downturn is likely to force industry consolidation; the legit firms only offer borrowers things they can get for free, while others are scams.

On Mar. 31, 2019. Dollars in thousands.