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Regions Financial in Birmingham, Ala., has introduced an online consumer lending product that it uses technology developed by Avant.
October 11 -
Thomas Depping, who quit banking out of frustration with regulators five years ago, says Warburg Pincus' deep pockets will help him make Ascentium Capital a household name among small-business borrowers.
October 7 -
It's been a tough year for farmers, and lenders are looking for ways to help those borrowers offset sagging income.
October 7 -
Earnings season is set to begin with a bang Oct. 14 when four of the six largest banking companies report. The next few weeks will likely bring a steady stream of lackluster commercial lending results, good news on energy and mortgage books and (thanks, Wells Fargo) a whole lot of scrutiny of cross-selling practices.
October 7 -
Umpqua Holdings in Portland, Ore., has formed a corporate lending office and hired Richard Cabrera to oversee it.
October 5 -
For regulators to develop a unified framework for fintech companies to operate in, they first have to come to a consensus.
October 5 -
A new app aims to modernize the automobile financing process by allowing car shoppers to get credit approval on their phones.
October 5 -
More than $100 billion in securitized commercial mortgages come due soon, many of them still underwater.
October 4 -
Medallion Bank in New York has sold its asset-based lending division to an unnamed buyer.
October 4 -
Prosper Marketplace is closing the secondary market for its loans, citing a lack of demand among investors.
October 3