Marketplace lending

Digit's latest feature tackles student loan debt


Digit is applying its automated-savings techniques to the growing problem of student loan debt.


OnDeck raises earnings guidance following strong 3Q


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


The banks warming to AI-based lending


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


BBVA partners with fertility company for online health care loan


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.


LendingClub's new pitch to institutional investors


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


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


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.


Are banks losing the brand war to tech firms?


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


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


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


Fintech lenders taking more market share from banks, survey finds


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


Kabbage founders launch startup to connect small businesses with gig workers


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