In-depth coverage of the latest Lending & Credit developments, trends, and analysis — curated daily.
A breath of fresh air for homebuyers: Mortgage rates are ticking down as geopolitical tensions ease. But don't break out the champagne just yet.
Forget the old playbook. Subprime consumers are forging new paths to credit, and traditional banks are flat-out missing it.
The gift card is no longer just a static token of affection or a quick present. Zip and InComm Payments are injecting a shot of financial flexibility into the gifting economy, making those prepaid plastic rectangles far more dynamic.
Mortgage rates are down today, but don't pack your bags for a refinance just yet. Global instability is a brewing storm on the horizon.
A breath of fresh air for homebuyers: Mortgage rates are ticking down as geopolitical tensions ease. But don't break out the champagne just yet.
Forget the old playbook. Subprime consumers are forging new paths to credit, and traditional banks are flat-out missing it.
SAS is betting big on the Scandinavian small business market with a new credit card designed to simplify finances and boost travel perks. But in an era of evolving SMB priorities, does this loyalty-driven approach align with what businesses truly need?
The gift card is no longer just a static token of affection or a quick present. Zip and InComm Payments are injecting a shot of financial flexibility into the gifting economy, making those prepaid plastic rectangles far more dynamic.
Islamic property finance is notoriously opaque. Now, one company is trying to blast through the fog.
Affirm's aiming for $100 billion in gross merchandise volume. The question is, can their new trio of bets—banks, Shopify, and AI—actually get them there, or is it just more Silicon Valley smoke and mirrors?
The government's handing out money via tariff refunds. Sounds like a win, right? For the middle market, it's less about getting paid and more about *when*.
The courtroom drama is over, and OppFi is breathing a sigh of relief. A judge's decision just handed a significant win to the fintech lender, potentially reshaping how we view online lending partnerships.
U.K. business lending has tanked to a level not seen in nearly three decades, a stark indicator that the flow of capital to the heart of the economy has severely constricted. This isn't just a financial statistic; it's a red flag for the very engine of job creation and innovation.
SoFi continues its aggressive enterprise push by acquiring Peach Finance, a lending infrastructure startup. This move bolsters its technology solutions segment.
The foundations of consumer lending are crumbling, rebuilt in real-time by AI and open banking. Traditional lenders are no longer just facing competition; they're seeing their customer relationships evaporate.