The use of rent data in credit models is allowing people with low credit scores or thin credit files to get loans. But consumer advocates warn the use of that data could harm the very people it’s supposed to help. 

FTX US, the crypto exchange co-founded by the billionaire Sam Bankman-Fried, signed an agreement with BlockFi that includes an option to purchase the crypto lender for as much as $240 million. 

An alert released Tuesday asks banks to give special attention to specific “commodities of concern” as they monitor transactions.

FTX, the digital-asset exchange co-founded by Sam Bankman-Fried, is nearing an agreement to buy BlockFi after extending a credit line to the beleaguered crypto lending platform, according to people familiar with the matter.  

The buy now/pay later startup Zilch has raised a further $50 million, upping the total raise for its Series C fundraising to $160 million as it plans bolster U.S. expansion plans. 

Ashley D. Bell and Bernice A. King, respectively the CEO and advisory council chair of Ready Life, are teaming up to help folks with poor credit buy a home by using rent payment history for mortgage underwriting.

StellarFi, Lamine Zarrad’s new startup, covers consumers' utility and other bills when they hit a cash-flow crunch. It then reports their repayments to the credit bureaus.

A new and larger finance industry is emerging — one in which traditional institutions aren’t nearly as dominant as they used to be.

The fintech Wise said the Financial Conduct Authority has commenced an investigation into Chief Executive Officer Kristo Kaarmann almost a year after he was fined by HMRC for deliberately defaulting on his taxes.

CEO Mike Butler of Grasshopper Bank surveys the landscape of fintech and discusses how new developments will affect banks and their customers.