As open data is seen as a necessity moving into the digital age, consumer permissioned data could be the key to manage privacy concerns.
The desire for increased financial inclusion is a primary driver behind the increased use of alternative data in lending decisions, a new report from LexisNexis Risk Solutions finds.
It was three ago last week when LendingClub closed its acquisition of Radius Bank. At that time LendingClub entered into an operating agreement with the OCC that imposed capital restraints and growth limits on the fintech pioneer.
Warren Buffett-backed Nubank reported a 44% increase in profits in the second quarter, as it expands its customer base in Latin America.
In the west we take it for granted that the vast majority of people have internet access. But that is not true in the developing world. For digital payments to take off there we need to develop robust offline payments infrastructure.
Embedded lending services provider Lendflow this week announced its new Credit Decisioning Engine that enables fintechs and vertical SaaS companies to build, embed and launch credit products
Savings are the foundation for building wealth, but millions of underserved Americans struggle to take the first step towards establishing financial security through an emergency savings account.
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On behalf of the LendIt Fintech news team, I would like to wish you a Merry Christmas and a happy New Year.
Rising rates and inflation have caused employee financial stress to skyrocket. The partnership could ease some of the strain.
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Every Saturday I bring you the latest news from the world of peer to peer lending. These are the best...