Marketplace lending

How Laplanche's new venture differs from Lending Club

04/06/17

Upgrade, an online lender started by former Lending Club CEO Renaud Laplanche, will tout credit monitoring and education features to stand out in a crowded field.

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Online lenders spooked by Colorado's tough stance on interest rates

04/05/17

Digital lenders have been partnering with banks to get around state-by-state usury caps, but that approach is facing tougher scrutiny.

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What doesn't kill online lenders can only make them stronger

04/05/17

Following a wave of layoffs, credit concerns and funding issues in 2016, marketplace lenders entered 2017 on "much stronger footing," says Sam Hodges, co-founder and U.S. managing director at Funding Circle.

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How fraudsters are gaming online lenders

03/28/17

As online lenders and their vendors step up monitoring, patterns of fraud are emerging.

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Can small-dollar business loans make a comeback?

03/24/17

Ann Marie Mehlum, who has joined a lending platform called SmartBiz Loans after stints as a community banker and an SBA official, says the combination of fintech and old-fashioned banking could bring back small-business loans under $100,000.

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Competing with fintech on business loans isn’t rocket science

03/23/17

None of the initial steps banks can take to modernize business lending are cutting-edge innovation ideas, but they can still improve the borrowing experience, giving businesses fewer reasons to look elsewhere.

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OnDeck adds former Morgan Stanley exec to its board

03/21/17

Jim Rosenthal previously served as chief operating officer at the Wall Street investment bank. He joins the board of an online lender that has recorded losses in five straight quarters.

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Cross River Bank recruits former state regulator for board

03/20/17

David Cotney, former Massachusetts banking commissioner, will guide compliance for the New Jersey bank, a critical partner for many fintech startups.

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OCC must stand up for preemption

03/20/17

The Office of the Comptroller of the Currency can give lenders relief from the effects of a recent court decision over interest rate authority, but only if the agency chooses to do so.

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Why CommonBond's CEO says fintech charter could be a game changer

03/17/17

In a Q&A, CommonBond CEO David Klein discusses how an OCC charter might benefit customers by lowering the cost to run a student loan refinancing business.

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