Credit-card debt has grown to record highs and some large banks are reporting increased delinquency rates; this trend, combined with higher interest rates could be cause for concern according to Michael Pearce, an economist at Capital Economics; article provides data from the NY Fed on delinquent loans across student, auto, mortgage and credit card debt. Source
Back in the late 1990s and early 2000s there was discussion about consolidation of banks creating a barbell effect, a...
A new report is out from Oxford Economics which found that a decade after the financial crisis, small businesses are...
The Daily Telegraph reports that the challenger bank is hiring executives to lead its product and marketing arms in the...
The head of Funding Circle USA talks small business lending, competition, banks, the SBA, Canada expansion, regulation and more. Source...
One of the co-founders of Funding Circle USA is stepping down and will become Chairman. Source
Global payments partner Anita Boomstein from Manatt Phelps & Phillips shares the latest in what is happening when it comes...
BBVA is well known for being a leader when it comes to adopting new technology; back in 2011 they sought...
There are some extremely attractive offers these days from a multitude of digital banks; it has been 10 years since...
Raisin has been able to attract billions of deposits to European banks and will eventually be launching their deposits-as-a-service offering...