Oct 23, 2020 | FinTech, News
Amazon Launches Payday Advance Program for Warehouse Workers Amazon recently launched a program called Anytime Pay, which provides payday advances to the company’s most financially vulnerable warehouse workers, allowing them to instantly access up to half of the...
Oct 19, 2020 | Banks & Credit Unions, FinTech, News
Lending Club Announces Retirement of P2P Lending Platform LendingClub, an online marketplace for borrowers to access loans funded by consumer investors in amounts as low as $25, recently announced that its peer-to-peer (P2P) lending platform will be completely shut...
Oct 14, 2020 | FinTech, News
Venmo Launches Its First Credit Card Earlier this month, Venmo launched its own credit card, issuing it to select Venmo customers. This comes after approximately a year of the company teasing a possible credit card offering, as well as a debit card released in June...
Oct 5, 2020 | Financial Literacy, FinTech, News
Experian Report Shows Lenders Believe Alternative Credit Data Improves Financial Access for Consumers Last month, Experian released its most recent State of Alternative Data report, highlighting lender and consumer awareness about leveraging alternative credit data in...
Sep 21, 2020 | Banks & Credit Unions, FinTech, News
Survey Finds Most Americans Say They Can Now Manage Finances Without Physical Bank Branch A recent survey commissioned by Plaid found that, largely due to the COVID-19 pandemic, most Americans have smoothly transitioned to digital banking and are increasingly turning...
Sep 11, 2020 | FinTech, News, Online Lending
Data Firm Finds Online Loans Holding Up Better Than Expected In a newly-released report, the data firm dv01 found that the percentage of online loan borrowers who made their regularly scheduled loan payments continued to rise in August, despite the lingering and...
