Nonbank

While remittances may pose higher risks than services like bill pay, they are absolutely necessary in an age of unprecedented migration. It's high time state and federal regulators update the rules to help inspire banks to re-risk.

UpLift is the latest Silicon Valley startup seeking to peel off a slice of the $1 trillion credit card market.

Threats to the industry's control over payments were apparent before PayPal became popular. However, risks are even more visible and real today.

OnDeck Capital reported its fourth consecutive quarterly loss on Thursday as investors bought fewer loans and the firm was forced to make costly adjustments to its business.

A new refinance mortgage offered by SoFi and Fannie Mae lets consumers tap into their home equity to pay down student loan debt at terms more favorable than a traditional cash-out refi.

A market that some Ginnie Mae issuers tap to help finance their mortgage operations has a dwindling number of investors.

A Washington, D.C.-based startup that finances higher education in the U.S. for international students announced a $6 million equity funding round.

One of the nation's biggest prepaid card issuers said that it expects to lose 10% to 12% of its current revenue as a result of new federal rules governing the industry.

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.

Rather than addressing a pressing need like an economic crisis, a fintech charter would place the federal government in the business of choosing winners and losers in a market, with the potential to distort the banking system.