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The CEOs of both Upstart and Oportun said this week that while they will maintain their existing interest rate limits, some higher-risk customers will no longer qualify for their loans as borrowing costs rise.
May 10
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Twenty companies have joined the “Visa Ready” list of suppliers offering streamlined connections to installment loans online and at the point of sale.
May 10
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On Dec. 31, 2021. Dollars in thousands.
May 9 -
The bank is working with invoicing vendor IFG to simplify the process of paying multiple suppliers.
May 9
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Properly designed public banks would be safer than private banks while promoting economic growth.
May 6
ArentFox -
Although the number of scam attempts is falling, especially in financial services, costs are up, data shows.
May 4
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Klarna will begin reporting the use of buy now/pay later products to U.K. credit reference agencies, which could see the increasingly popular mode of financing impact users' credit ratings.
May 4
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On Dec. 31, 2021. Dollars in thousands.
May 2 -
"Apple may have restricted competition, to the benefit of its own solution Apple Pay," Margrethe Vestagar of the European Commission said. It's an accusation Apple's fought many times across the globe.
May 2
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About two dozen banks in the U.S. and Europe, including ABN Amro and Bank of America, are working with The Clearing House and EBA Clearing, using technology from SWIFT, to make instant international transactions ubiquitous for business and e-commerce sales.
May 2
