Discover Financial Services CEO David Nelms stated, “It really takes a decade of experience going through cycles to understand how to use credit bureau information to have good predictions…The funny thing is they’re not making money, even in a great cycle.”; Nathaniel Hoopes, executive director of the Marketplace Lending Association provided his own comments on the manner and how marketplace lending is putting pressure on credit card issuers and other traditional lenders. Source
Payments fintech Stripe announced three major upgrades to their payments platform to help users increase revenue, direct connectivity to major...
Discover plans to use artificial intelligence in order to learn more about their personal loan applications; for instance, shopping at...
In the market today there are so many great options for low/no fee checking and savings accounts; many of these...
Forbes partnered with market research firm Statista to measure the best banks in more than 20 countries by surveying more...
PeerIQ released their Q4 2018 Lending Earnings Insights Report which points to a number of themes showing the economy is strong...
Capital One spent 81 percent more on marketing in Q4 2018 than it did in Q4 2017 and Discover’s marketing...
Branchless banks have started to show their staying power when it comes to deposits in recent quarters even as they...
Wells Fargo, PayPal and Discover have joined together to help provide capital for fintech startups founded by women; in Q3...
In this week’s PeerIQ Industry Update they cover the slowing growth rate of consumer credit which points to consumers being...