Fintech
The company told consumers they were pre-approved for credit cards. For some such offers, a third of applicants were denied, according to the FTC.
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Marcus and Upstart are two companies that got high marks for customer satisfaction from J.D. Power but rely on digital methods to reach and underwrite borrowers.
September 1 -
Interest-free credit and fast approval make BNPL an attractive payment option for consumers, who are increasingly using short-term installment credit to manage their cash flow when paying for immediate, small-dollar purchases.
August 22
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Mos, a company that started out helping students find financial aid, is embellishing its banking features with cash advances, gig finding help and financial advice.
August 19 -
The San Francisco company is relying more on banks and credit unions, and its own acquisition of a bank last year, to fund its consumer lending business. The flexibility has proved helpful as demand from other loan buyers wanes.
July 28 -
"Voluntary changes are not enough to assure that our lowest-income consumers will be protected in the long run," writes the Democratic House member from New York City.
July 26 -
Climate change, gun control and the overturning of Roe v. Wade are just some of the latest issues banks are addressing.
July 22 -
Alloy, Marqeta and other technology firms drafted policies to assist employees in states that restrict abortion access, even before they had all the answers.
July 19 -
GoHenry, one of many digital banks for kids and teens in the U.S., is based in London but is broadening its European presence with the acquisition of the French fintech Pixpay.
July 11 -
Traditional banks already have the tools they need to win back consumers’ confidence, but they need to be smart about deploying them.
July 8
