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The lender will start by cross-selling Digit's products, then gradually consolidate the two companies' platforms. Meanwhile, Oportun is working to put questions about its collections practices behind it.
December 28 -
Analysts expect loan growth and higher interest rates to drive up equity prices next year, even in the face of the omicron variant and other risks.
December 27 -
Sen. Elizabeth Warren accused the financial services industry of being a major contributor to climate change and urged U.S. regulators to hold it to account.
December 27 -
Goldman Sachs Group, one of Wall Street’s staunchest advocates of returning employees to offices, will make COVID-19 vaccination booster shots compulsory as the firm stands by its workplace philosophy through surging infection rates in New York.
December 27 -
Average per-loan charges last year were little changed despite the addition of a new temporary fee for refinancing. Those for loan-to-value ratios above 80%, home-purchase financing and adjustable-rate mortgages only rose slightly.
December 27 -
As the adoption of real-time payments grows, companies like Mastercard, ACI Worldwide and The Clearing House are bringing together data from banks, credit unions and merchants to catch scammers.
December 27 -
To strengthen ties with entrepreneurs, Citizens Bank of Edmond in Oklahoma and the de novo Genesis Bank in California offer co-working, education and other resources.
December 27 -
Banks that help customers avoid missing important payments are providing a valuable service for which they should be compensated. Though some banks use deceptive practices, customers are willing to pay for a transparent service.
December 27
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Card networks are poised to connect to nonfungible tokens, issuers are revamping rewards, and regulators are taking greater interest in installment loans. These developments and more bear watching in the year ahead.
December 26 -
The new state law, signed by the governor Wednesday and backed by the financial services industry, is intended to make notary services more accessible for older people, those with disabilities and residents of rural areas.
December 23














