A day after LendingClub made big news by laying off 471 people there are rumors circulating all around the industry...
Online lenders are about to face their biggest test and many are trying to balance how they keep up with...
The biggest decision in anyone’s life is the decision to start a family. For the growing segment of the population...
On Episode 27 I talk with Kareem Saleh of FairPlay. FairPlay is the first Fairness-as-a-Service solution for fair lending compliance...
Yesterday, LendingClub shared that they were laying off 460 people, accounting for 30% of their workforce; the cuts were across...
Goldman Sachs slowed originations for their personal loan product through Marcus after they launched the Apple Card; “The slowing pace...
After the 2008 financial crisis many banks were criticized deservedly so for their role int the crisis and the subsequent...
Early last year UK online lender Zopa closed the platform to new investors, they have now re-opened it; investors will be able to invest in both the Core and Plus products, with and without the IFISA; last week Zopa also announced for the first time since 2015 they were raising target investor rates to 4 percent for Core and 4.6 percent for Plus. Source.
The entrepreneurial life is not for the faint of heart. The journey is fraught with challenges and unforeseen obstacles are...
FICO has released a new product to help lenders figure out which consumers are most financially resilient and therefore better...