JPMorgan Chase co-COO Gordon Smith spoke at a conference hosted by Bernstein Strategic Decisions Conference where he discussed the bank’s...
Small businesses are eager to get assistance from the $349 billion lending program for small businesses; it appears that businesses...
According to CB Insights challenger banks are the fastest growing fintech segment in the world; U.S. based Chime has been...
Consumer borrowing increased by $15.2 billion in February, according to a report from the Federal Reserve; credit card borrowing increased by $2.9 billion helping total credit card debt outstanding to increase to $1 trillion; auto loan and student loan borrowing also increased in February by $12.3 billion. Source
CommonBond has created a March Debtness bracket to look at the payoff rates of this year's March Madness basketball teams; the bracket identifies the time it takes for students to pay off their student loans; UCLA is CommonBond's current March Madness winner with the fastest payoff rate at 4.42 years. Source
Automated mortgage transaction technology firm Roostify has announced Frank Gelbart as its new chief revenue officer; Frank Gelbart has over 20 years of experience with technology companies and was previously president, CEO and co-founder of Appfluent Technology; Roostify is a fast growing startup and is currently partnering with JPMorgan for mortgage lending technology innovation. Source
Regulators in the US are contemplating giving banks additional regulatory points for lending to mid and low income Americans who...
Adam Jiwan is the founder and CEO of Spring Labs, a company working on a completely new system for credit...
A recent study conducted by Lending Club claims that 60% of Americans have revolving credit card debt and two-thirds of Americans...
PayPal COO Bill Ready talked to Karen Webster of PYMNTS.com about the decision to join Facebook’s project Libra; PayPal exists...