Marketplace lending

OnDeck raises earnings guidance following strong 3Q

10/24/19

The online lender posted a profit for the sixth consecutive quarter, as higher margins helped offset a decline in loan originations.

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The banks warming to AI-based lending

10/21/19

At TCF National Bank in Detroit and First National Bank of Omaha, early results from artificial intelligence pilot programs are strong.

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BBVA partners with fertility company for online health care loan

10/15/19

The bank is providing a point-of-sale loan to women seeking IVF treatments and getting funds to clinics, in some cases, within 24 hours.

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LendingClub's new pitch to institutional investors

10/10/19

The company has rolled out an online platform for firms considering marketplace loans as an asset class.

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LendingClub founder's new firm launches card-loan hybrid product

10/10/19

Renaud Laplanche, one of the first fintech disruptors, is launching an unusual type of credit product at Upgrade, his new company, that is a cross between a credit card and an unsecured loan.

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Are banks losing the brand war to tech firms?

10/08/19

Futurist Lex Sokolin believes buying banking products will be like buying generic pain relievers on Amazon.

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Can Freddie Mac's embrace of AI pull the industry along?

10/02/19

Freddie Mac's test of artificial intelligence to make lending decisions could be a significant turning point in broadening the use of the technology.

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Fintech lenders taking more market share from banks, survey finds

09/25/19

Digital-first lenders more than doubled their market share in the last four years, according to a report by Experian.

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Kabbage founders launch startup to connect small businesses with gig workers

09/23/19

The startup, Drum, provides a marketplace for small businesses to offer promotions to influencers who can help them drum up business.1:54 PM?

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House Republicans urge OCC to reverse effects of Madden ruling

09/23/19

All of the GOP members on the House Financial Services Committee called on the regulator to consider "administrative decisions" to offset the impact of the 2015 decision.

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