PYMNTS
JANUARY 14, 2020
From that gap sprung forth a group of alternatives for underwriting access, which varied widely in terms of structure, funding sources and target demographics. On that score, online lenders have been successful, according to a just-released study from the Cleveland Federal Reserve. But speed was just as critical a factor.
PYMNTS
JANUARY 14, 2020
From that gap sprung forth a group of alternatives for underwriting access, which varied widely in terms of structure, funding sources and target demographics. On that score, online lenders have been successful, according to a just-released study from the Cleveland Federal Reserve. But speed was just as critical a factor.
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PYMNTS
NOVEMBER 13, 2017
The Federal Reserve Bank of Cleveland issued new research on the online lending market showing that borrowers end up in more debt than consumers who don’t utilize this method of borrowing. The Philadelphia and Chicago Federal Reserve recently conducted a more granular study and reached the opposite conclusion as this Cleveland Fed research.”
TheGuardian
AUGUST 2, 2021
Parker Hannifin could potentially be a decent owner but its commitments are too easy to wriggle out of The only simple element in US group Parker Hannifin’s £6.3bn bid for Coventry-based defence and aerospace business Meggitt is the takeover premium: an offer at 71% more than last week’s share price counts as fat by any measure.
PYMNTS
AUGUST 2, 2016
Digital banking trends and advancing technology can imply that the unbanked or the underbanked are a diminishing group in U.S. Unfortunately, this group is likely to be low income, to have suffered an economic shock, or to face high costs when accessing their funds.
CFPB Monitor
FEBRUARY 3, 2020
At the same time, the improved economy, the deregulatory environment at the federal level, and the increase in technological innovation (including artificial intelligence, data aggregation, and Blockchain) has resulted in new entrants into the consumer financial services industry and the offering of new products and services by the industry.
Insights on Business
APRIL 21, 2017
Turbulence and disruption have been the mainstay of the financial services industry for more than a decade and there is little to suggest that a long calm is in the offing. Quite the contrary, the industry had to adapt to an onslaught of new regulations in the aftermath of the Global Financial Crisis. The system can learn.
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