Credit

Paul Murphy took full responsibility for a recent spike in charge-offs at the Houston company. His challenge in 2020 is keeping credit issues in check.

One found a buyer, another announced plans to retire, and others took steps to reinvent their banks.

Financial regulators’ statement cautiously encouraging lenders to go beyond traditional underwriting in their lending decisions is a big step forward for the use of alternative data and artificial intelligence, bankers say.

Curve has appointed Paul Harrald to lead a business line that will allow the all-in-one card company to offer support for credit card debt reduction and installment payments.

Casting aside recession fears, the credit bureau predicts credit cards, mortgages, auto loans and unsecured personal loans should all perform well — including those extended by online lenders.

Testing shows an overreliance on machine learning data can unfairly harm credit scores.

Casting aside recession fears, the credit bureau predicts credit cards, mortgages, auto loans and unsecured personal loans should all perform well — including those extended by online lenders.

Many business customers are putting off expansion because they can’t find enough workers to fill available jobs.

The regulator says the bank needs to address employee complaints and pay controls; the presidential hopeful would make it more difficult for banks to combine.

Banks will not have to file reports on customers just because they're in the hemp business; making it easier for people with no credit history to get loans.