Marketplace lending

The bank says the partnership will improve the online experience for borrowers. It is just the latest example of banks and online lenders teaming up to speed up decision-making and win over new customers.

BlueVine, an online business lender based in Palo Alto, Calif., is branching into unsecured lending.

Lending Club, Prosper Marketplace and Funding Circle are locking arms to create a new trade group that will represent the marketplace lending industry in Washington.

As more employers offer student loan repayment assistance to their workers, lenders that specialize in refinancing debt — like Citizens Financial and SoFi — see an opportunity to reel in more customers.

The former head of the FDIC has a longstanding interest in small-dollar consumer lending.

The payments pioneer is transforming its merchant cash advance into a business loan, a move that has significant legal and regulatory implications.

As online business lenders grow in number, size and prominence, a new trade group is being launched to represent their interests in Washington.

The subprime consumer lender currently rejects many of its personal loan applicants. It hopes to qualify more borrowers by offering cash to those who are willing to put their cars up as collateral.

A program recently started in New York helps entrepreneurs improve their business plans and cash flow before sending them to a bank. The nonprofit lender behind the program, meanwhile, hopes to boost small-business borrowers' credit scores and lower their rates.

San Francisco Fed President John Williams discusses the potential for new fintech products to make predatory lending easier, whether big banks need to be broken up, and the likelihood of another recession.