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Small businesses hungry for financing will quickly ditch a banking relationship if they are unhappy, according to a new J.D. Power report.
October 27 -
A Washington, D.C.-based startup that finances higher education in the U.S. for international students announced a $6 million equity funding round.
October 27 -
Profits at BBVA Compass Bancshares dipped in the third quarter as the Houston company continued to slash its energy portfolio.
October 27 -
A recent federal court decision affirming the right of a servicer to collect on private student loans originated on Sallie Mae's behalf is good news for several parties, including marketplace lenders and others that partner with banks to make loans.
October 27 -
The Japanese banking giant Mitsubishi UFJ Financial Group has launched a new aviation finance business in the Americas and has named aircraft finance veteran Olivier Trauchessec managing director of the unit.
October 26 - Oklahoma
BOK Financial's third-quarter profit fell slightly as higher legal and other costs offset growth in loans and fee income.
October 26 -
The Office of the Comptroller of the Currency is expanding efforts to encourage the development of new banking products, announcing Wednesday that it will establish an office of innovation to spearhead research and communication related to fintech.
October 26 -
Consumer Financial Protection Bureau Director Richard Cordray has revived an ongoing dispute between banks and fintech firms over screen scraping, a method certain companies use to obtain access to consumer bank records.
October 25 -
The online lender is entering the car-loan market at a time when some banks are scaling back and regulators are sounding the alarm about deteriorating underwriting standards.
October 25 -
Bizfi, a New York-based online small-business finance company, announced the hiring of John Donovan as its new chief executive officer.
October 24