Lending

Some institutions say the combination of chatbots and social media could entice new borrowers, but burdensome legacy systems may limit their effectiveness.

Phenix Pride FCU in Alabama is one of several institutions Inclusiv and the African-American Credit Union Coalition are celebrating during Black History Month.

Klarna has agreed to acquire Italian fintech Moneymour as part of an innovation push to counter rivals in the popular point of sale credit market.

Point of sale credit is a popular option, and Visa has followed its investment in Klarna by financially backing ChargeAfter.

Unsecured debt – either closed-end or revolving – could be a bright spot as other loan categories slow, but new entrants and other factors could create challenges in the year ahead.

Year to date Sep. 30, 2019. Dollars in thousands.

Shifting to a seamless, customer-centric automation strategy can help credit unions better compete with the big banks while also meeting consumer expectations set by the likes of Amazon, Uber and more.

Breaking into the POS credit market is nearly impossible for payment companies without cooperation, says Jifiti's Nufar Segal.

Companies that scored highest in this year’s Best Fintechs to Work For (a ranking compiled by our parent company, Arizent) go beyond the basics of strong pay packages, generous benefits and effective leadership to take a more holistic interest in their employees’ lives, according to the data.

Companies that scored highest in this year’s Best Fintechs to Work For ranking go beyond the basics of strong pay packages, generous benefits and effective leadership to take a more holistic interest in their employees’ lives, according to the data.