Articles
Merchant Cash Advance Software: Top Features to Notice
By: Michael Stilwill, Chetu, Inc.
Merchant cash advance software enables businesses to obtain cash by using sales as the basis for the advance. This is significantly different from a loan, and there is no collateral involved.…
How to Optimize Your Alternative Financial Services in 2019
By: Clarity Services, Inc. A part of Experian
Summary description: In today’s data-driven world, lenders who do not utilize updated prescreening criteria accounting for today’s industry trends are at a serious disadvantage. That includes accurately differentiating…
LendingTree Awards $10,000 Prize to Innovative Assessments For Winning LEND360 Startup Innovators Program
CHICAGO, IL – LEND360 in partnership with LendingTree honored Innovative Assessments with a $10,000 prize for winning the Startup Innovators Program during the LEND360 conference in Chicago, IL on October 9, 2018. The LEND360 Startup…
Reflecting on De La Torre – The Sky Isn’t Falling
By: Catherine M. Brennan and Hurshell Brown
In August, the California Supreme Court issued its decision in De La Torre v. CashCall, Inc., which answered “yes” to the question “Can the interest rate on consumer loans…
Past, Present, and Future State of Acquisition Marketing for Consumer Lending
Past, Present, and Future State of Acquisition Marketing for Consumer Lending
By: Jeff White, Partner, The Wheelhouse Group
If you’re in marketing, you know that technology has changed EVERYTHING for us in the last 20 years. We’ve…
New OCC Policy to encourage Bank Participation in Small Dollar Lending
Last week, the Office of the Comptroller of the Currency (OCC) released a new bulletin outlining steps for banks to offer short-term loans to customers. The overall goal of the policy change is to increase…
Fed Finds 40% of Americans Can’t Cover a $400 Emergency Expense
Four in 10 adults would struggle to cover an unexpected expense of $400, according to the Federal Reserve's Report on the Economic Well-Being of U.S. Households in 2017, released last week.
The fifth annual survey showed…
Why Lenders Need Customer Identity Intelligence
Why Lenders Need Customer Identity Intelligence
By: Craig Moore, SVP – National Sales Manager, Accelitas
The credit scores and data analytics systems, including loan decisioning engines, that lenders have relied on in the past simply don’t cut…
GAO Issues Report on Fragmented Fintech Regulatory System
GAO Issues Report on Fragmented Fintech Regulatory System
Last week, the Government Accountability Office (GAO) issued a report that addresses financial technology for payments, online lending, financial advice, and blockchain.
The report examined the risk/benefits of such…
LEND360 comes to Washington
LEND360 comes to Washington
As the Trump Administration develops a fintech policy report to be released later this year, a diverse group of LEND360 participants made the trek to Washington DC to meet with the authors…