Lenders’ delinquency strategy must be rooted in an “empathy-first” model to support customers in experiencing hardship. Customers in distress need support and resources, not shame.
Hiring competition has increased across sectors - A focus on financial wellness may equate to higher employee retention and motivation.
The fintech investor ecosystem is retreating to 2018 levels, while founding is at a significant low. However, it's not all bad.
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The numbers are in for April and it was another great month for Lending Club and Prosper. For Lending Club...
When the CFPB released their long-awaited proposal on open banking rules in October there was cautious optimism from both banking and fintech groups.
Fast forward two and a half months, when everyone has had a chance to fully digest the 299-page proposed rulemaking, there are many suggestions for improvement. With the 60-day comment period ending this week, the CFPB has received over 11,000 comments.
Mastercard and JP Morgan have partnered to bring open banking payments to billpaying. This is just the first development from the partnership.
LendingClub saw revenue and earnings at the high end of their guidance range but, due to ongoing uncertainty remain reserved with next steps.
Pat White, the founder of crypto enterprise startup Bitwave, said programmable money and its infrastructure will change traditional institutions.
Plurall and dale! want to expand the supply of credit in the underserved market, providing solutions for small entrepreneurs to prosper.
Mastercard added nine open banking fintechs to the Engage partner network and seven new companies to the Start Pat startup incubator.