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underwriting

Peer to Peer Lending
·Dec. 9, 2015

A National Tragedy With a Link to P2P Lending

Last week a tragedy occurred in San Bernardino, California. Since that time the media have been covering the story from...
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Peer to Peer Lending
·Nov. 19, 2013

Advice for New Lending Platforms

[Editor’s Note: Today we have something a bit different. Rather than discussing p2p lending from an investor perspective this article is...
Read Full Story
FintechNews RoundupUSA
·Jun. 12, 2019

Are Algorithms Used by Fintechs Discriminating Against Borrowers?

Elizabeth Warren and Doug Jones are asking regulators to take a closer look at the tools that fintechs are using...
Read Full Story
Peer to Peer Lending
·Dec. 6, 2013

CEO of Lending Club Testifies on Capitol Hill

Yesterday morning a subcommittee of the House Committee on Small Business conducted a hearing into the small business lending environment....
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FintechNews RoundupUSA
·Jan. 15, 2019

CFPB to Eliminate Underwriting Requirements Effecting Payday Lending

We learned in October that the CFPB was revisiting their ability to repay provisions in the small dollar lending rule;...
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Peer to Peer Lending
·Dec. 4, 2012

A Rich Database of New Credit Data Now Available from Prosper

I have complained many times over the last two years that the historical loan data on Prosper was far too...
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FintechUSA
·Jun. 30, 2020

Apple Launches Program for People Declined for an Apple Card

People who applied for the Apple Card and have been declined will be able to enroll in a new program...
Read Full Story
B2B BNPL
Fintech
·Feb. 2, 2023

B2B BNPL: Where does this leave banks?

This year has already seen some major shifts in focus for the BNPL market- should banks be concerned about the B2B focus?
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cfpb
Lending
·Jul. 28, 2023

CFPB highlights value of cashflow underwriting

Fintechs have touted the importance of cashflow data in underwriting. This week, the CFPB published their evidence to support the approach.
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News Roundup
·Jun. 15, 2012

Comparing Returns on Prosper Before and After the Auction Model Ended

Back in 2010 the management of Prosper took a gamble. They decided to do away with the auction model that...
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