Consumer lending

Bank of the West intends to stop making indirect auto loans and will instead focus on financing purchases of boats and recreational vehicles. It’s just the latest example of a regional bank pouring more resources into the powersports sector.

It’s the company’s responsibility to come forward with the information about how an algorithm that could be discriminating against women borrowers was designed and the exact impact of it, she said.

The tech giant’s plan to offer checking raises concerns about how it will use customer data; third quarter loan originations were the second most on record.

Consumer behavior is more dynamic than ever with changing preferences, healthy credit demand and greater access. Nidhi Verma, Vice President, Consulting for TransUnion is our special guest. Hosted by Penny Crosman, Editor at Large, American Banker.A Consumer Credit Podcast

Consumer behavior is more dynamic than ever with changing preferences, healthy credit demand and greater access. Nidhi Verma, vice president, consulting for TransUnion, is our special guest. Hosted by Penny Crosman, editor at large, American Banker. A Consumer Credit Podcast

Plug in to the second installment of the “Consumer Credit Podcast Series” with guest Kevin Yuann, general manager of NerdWallet, one of the country’s leading personal finance websites. Hosted by Daniel Wolfe, editor-in-chief, PaymentsSource. A Consumer Credit Podcast

Home loan originations rose by double digits in the third quarter while auto loan originations approached an all-time high, according to new household credit data from the New York Fed.

Tech giant takes will work with Citi; the bank reportedly asked IT providers to return some of the money it paid them in 2018.