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Banks are capitalizing on changing consumer habits - and satisfying a pressing need to diversify their loan portfolios - with a spate of instant point-of-sale loans for everything from iPhones to home improvements.
February 7
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The nonprofit is turning to banks and social impact investors to help significantly increase the size of its loan portfolio over five years.
March 1
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Its small, locally owned banks were as decimated after the crisis as in any big city. But community bankers say changes to the economy and their lending practices offer them a shot at challenging the big banks that dominate their market.
February 6
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Nano Financial will offer new technology to Commerce Bank's commercial customers as it considers ways to license it to other financial institutions.
January 25
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Lobbyists for the payday loan industry are getting a warmer reception in state capitals in 2018 than they did last year. One of their key arguments is that the federal crackdown on payday loans, which is now on hold, requires a response from the states.
February 1
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The pioneering brand re-enters a market where fintechs now account for over 30% of personal loan originations.
January 30
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U2 lead singer Bono is among the latest to support the ambitious mobile-only fintech startup, which applied for a national bank charter in July.
January 18
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StreetShares seeks to tap into the loyalties of military veterans, bringing together borrowers and savers through an online platform.
January 24
