credit

Galileo Targets Underbanked Consumers With Secured Credit Options
Galileo Targets Underbanked Consumers With Secured Credit Options
September 25, 2024  |  Credit Cards

Galileo Financial Technologies introduced a credit offering aimed at underbanked/underserved consumers. Secured Credit with Dynamic Funding is designed to simplify the secured credit process, making...

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FCA Head Nikhil Rathi Says AI Has Benefits and Risks for Financial Inclusion
FCA Head Nikhil Rathi Says AI Has Benefits and Risks for Financial Inclusion
September 19, 2024  |  Artificial Intelligence

The hyper-personalization of insurance enabled by artificial intelligence could benefit some customers but render others “uninsurable,” Nikhil Rathi, CEO of the United Kingdom’s Financial Conduct...

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Digital Platforms Promise Real-Time Fix for Loan Market’s Fax Problem
Digital Platforms Promise Real-Time Fix for Loan Market’s Fax Problem
September 18, 2024  |  Loans

For every fragmented ecosystem, there’s a digital innovation being built and scaled to streamline it. The global syndicated loan market, a $7 trillion-plus industry where...

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TransUnion and MoneyLion Team to Promote Consumer Finance Personalization
TransUnion and MoneyLion Team to Promote Consumer Finance Personalization
September 17, 2024  |  Partnerships

TransUnion teamed with financial services portal MoneyLion to boost personalization within consumer finance. The integration is designed to make sure consumers get the most personalized...

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Report: JPMorgan Chase Negotiating to Become Apple Credit Card Issuer
Report: JPMorgan Chase Negotiating to Become Apple Credit Card Issuer
September 17, 2024  |  Apple

JPMorgan Chase is reportedly in talks with Apple to become the new issuer of the Apple credit card. The discussions have advanced in recent weeks after...

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DailyPay Unveils Financial Wellness Tool for Credit Monitoring
DailyPay Unveils Financial Wellness Tool for Credit Monitoring
September 16, 2024  |  Personal Finance

DailyPay has debuted “Credit Health,” a tool to help users monitor their financial wellness. Announced Monday (Sept. 16), the offering is integrated into the earned...

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CFPB Sues Horizon Card Services, Alleging ‘Baiting and Gouging’ Consumers
CFPB Sues Horizon Card Services, Alleging ‘Baiting and Gouging’ Consumers
September 13, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sued Horizon Card Services and its CEO Robert Kane Friday (Sept. 13). The CFPB alleged that the company used...

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Consumer Delinquency Rates Decline as Inflation Slows
Consumer Delinquency Rates Decline as Inflation Slows
September 13, 2024  |  Loans

More consumers are making their loan payments on time, aided by slower inflation and other trends. Late payments on loans have leveled off after increasing...

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Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected
Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected
September 11, 2024  |  Banking

Goldman Sachs CEO David Solomon reportedly said Wednesday (Sept. 11) that the bank’s exit from its credit partnership with General Motors is no “messier” than it expected....

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