2007 Capital Cards Lending 
PYMNTS
SEPTEMBER 18, 2018
And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. Mortgages and Credit Cards and Student Debt…. Mortgages ?
PYMNTS
DECEMBER 10, 2016
Two years ago today, Lending Club was ringing the bell on an IPO that one early investor called “a no-brainer.”. Lending Club’s model does not need bank branches on each street corner, and it can turn around in minutes and hours, not days. I crossed paths with Laplanche back in 2007 and wanted to back him right away,” Petrushka said.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
AUGUST 1, 2016
credit card (and other types of revolving debt) has exploded to $18 billion in just the last three months – triggering concerns among experts that Americans are getting a little too debt-happy when the U.S. According to new reports, the amount of U.S. could be staring down the barrel of a recession.
South State Correspondent
AUGUST 16, 2023
Home equity lines of credit (HELOCs) and bank card usage are up 24% and 17%, respectively. Capital rotation is to HELOCs and away from autos. Within autos, the capital rotation is for new cars over used cars. Consumer Credit – Cards There is a shift of capital occurring to the prime tiers of cardholders.
PYMNTS
APRIL 8, 2019
But he went on to hit a career 755, a feat that no one came close to matching until 2007, when Barry Bonds broke that record. Gig workers, for example, will likely soon see an upgrade to their payments speed, thanks to a bit of help from their card network friends. Visa Ups the Pace of Gig Payments.
Fintech Labs Insights
APRIL 12, 2024
Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)
PYMNTS
SEPTEMBER 13, 2018
It also brought tens of billions of dollars of fresh capital to the banks, with marquee names such as JPMorgan Chase and Wells Fargo among the recipients. By holding more capital, banks have a buffer against shocks. And as the BIS noted, lending growth has been strong, relatively across the board. That means debt has blossomed.
Expert insights. Personalized for you.
148 
Let's personalize your content