2001 Cards Lending 
PYMNTS
MARCH 8, 2016
The bureau also released a bulletin about the marketplace lending industry and provided tips for consumers who are looking for alternative financing options. Last month, MPD CEO Karen Webster weighed in on the subject of marketplace lending, posing the question: Is the tide going out on marketplace lending?
Jeff For Banks
APRIL 12, 2018
When I first read Standards Needed for Safe, Small Installment Loans from Banks, Credit Unions by the Pew Charitable Trusts that encouraged financial institutions to get back into small ticket consumer lending, I thought “what are they nuts!” Ever since we formed our company in 2001, this has been the case. And it wasn’t an anomaly.
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PYMNTS
JUNE 10, 2019
Stripe rolled out chargeback protection, Apple rolled out its take on sign-in authentication , Mastercard launched an open banking platform and Visa and Western Union paired on a global push to card payments – and those are just the top headlines. Finn accounts will now be changed over to Chase accounts.
PYMNTS
SEPTEMBER 18, 2017
That year, two grocery store owners opened a small business to help merchants trade financial information that would make it easier for all of them to access that information and make lending decisions. That business was called The Retail Credit Corporation.
PYMNTS
NOVEMBER 22, 2019
raised $10 million from SEB Bank and Seed Capital for its commercial card technology. million as it prepares to launch its lending-in-a-box offering, according to Asset Finance International. Bancorp in 2001 in a $2.1 Cardlay, based in the U.K., Also in the U.K., Funding Xchange secured $10.3
PYMNTS
OCTOBER 12, 2018
Consumers may feel a pinch (eventually) in the wallet, as credit card debt and mortgages become more expensive. Non-financial corporate debt, as a percentage of [gross domestic product (GDP)], is much higher than it was in 2007 and much higher than it was in 2001 … and, interestingly, much higher than it was in 1929,” he said.
TrustBank
DECEMBER 8, 2022
Adding to the observation is the fact that from roughly 2001-2006, a devastating housing price bubble formed due to lax lending standards. According to the S&P/Case-Shiller US National Home Price Index, home prices rose a whopping 63% over that period (2001-2006) before beginning to crater heading into the Financial Crisis.
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