Comerica names new chief credit officer in latest management shake-up


The promotion of Melinda Chausse was one of several leadership changes the Dallas company announced this month.


Machine learning’s promises, pitfalls


Testing shows an overreliance on machine learning data can unfairly harm credit scores.


Why small businesses need regulators' proposed 'Madden' fix


Bank regulators are considering a bypass to the 2015 court ruling governing loan sales that would ultimately offer more credit options to entrepreneurs.


Viral tweet accusing Apple Card of sexism leads to regulatory probe


The New York Department of Financial Services is opening a probe into Goldman Sachs' credit card practices after a viral tweet from a tech entrepreneur alleged gender discrimination in the new Apple Card's algorithms.


Challenger banks insist they’re equal to the task of lending


MoneyLion and Varo say familiarity with existing customers — whom they already offer savings, investment and personal finance products — will help them make smart credit decisions.


Online lenders make case for cash-flow data while acknowledging pitfalls


Though the use of alternative data in lending is seen by some as untested, several fintechs say they couldn't function without it.


Which fintechs are best positioned to handle a recession?


In a downturn, some fintechs, such as independent lenders, will be more vulnerable to economic forces than those working to service banks' regulatory needs.


Lenders without border walls


Some fintechs have figured out how to provide international students and immigrants with credit cards and loans. Machine learning makes the underwriting possible.


Facebook will block loan, housing ads seen as discriminatory


As part of a settlement with the National Fair Housing Alliance and the American Civil Liberties Union, the social media platform will no longer allow certain advertisers to target users by age, gender or ZIP code.


CFPB orders State Farm Bank to improve credit reporting practices


The banking subsidiary of the Bloomington, Ill., insurer must stop providing inaccurate information to the credit bureaus under a consent order.