Marketplace lending

The Irvine, Calif.-based company plans to offer subprime borrowers the ability to get an auto loan online or through a smartphone.

The first state inquiry into marketplace lending is seeking information from a broad mix of companies, including consumer lenders, small-business lenders, and firms that are not primarily in the lending business.

News that two suspected terrorists took out a loan with a prominent marketplace lender has fueled fears online lending is more susceptible to terrorist financing. Yet experts said that the criticism directed at the industry appears unfounded. Here's why.

California officials have opened a broad inquiry into the marketplace lending business, seeking data from industry participants that will be used to assess the effectiveness of the state's current regulatory regime.

The Dec. 2 mass shooting has shone a light on the sector's vulnerability to borrowers who, exploiting the absence of face-to-face contact on the Internet, lie on their loan applications.

Despite their own vast resources, some large banks are partnering with fintech startups to help them meet the needs of one of their trickiest market segments: small businesses

Washington Federal is the latest bank to partner with a tech company in an effort to streamline online loan applications.

Small-business owners' optimism about the economy is dwindling, which casts a dark cloud over banks' lending efforts, according to a new survey conducted by Wells Fargo and Gallup.

Ex-banker Frank Rotman, now a venture capitalist who focuses on marketplace lending, has a unique vantage point on the competition for small-business loans between banks and Web-based upstarts, as well as on both sides' strengths and weaknesses.

Hours after Jamie Dimon alluded to the budding partnership, the banking giant and marketplace lender went public with their plans to launch an online lending platform in 2016.