Add this topic to your myFT Digest for news straight to your inbox
Country’s central bank raises capital requirements in move to curb rising delinquencies
Access denied to sensitive data such as debtors’ contacts after borrowers report blackmail attempts by lenders
UK financial regulator said ailing company needed to preserve funds to repay customers
Lenders flag a further £6.2bn of problem loans made to struggling businesses
Data reveal which banks have the largest exposure to default and fraud under the scheme
‘Landmark’ move is ecommerce group’s most significant step into financial services
Many fast-growing companies on the FT ranking were already well-placed for the changes that Covid-19 accelerated
The online lender, founded by former Lending Club chief Renaud Laplanche, doubled revenues last year
In some states, women do not have any control over household budgets but that is starting to change
Officials in credit-hungry economies have struggled to control the fast-growing sector
Online lender worth nearly $40bn to float in New York even as Trump threatens delistings
SoftBank-backed small business loan platform made strategic U-turn as pandemic hit
Impairment rates on marketplace loans have risen only moderately during the pandemic
Upstart lenders plug gaps as SMEs struggle to access government support and bank finance
Kabbage calls on Washington to step in as it cuts credit lines and furloughs staff
Federal loans will be forgiven if recipients use them to cover payroll and other costs
Initiative will do little to help David Solomon hit ambitious financial targets
Industry faces threat of economic slowdown just as underwriting skills show improvement
California-based lender that offers small loans to the ‘unbanked’ eyes expansion
The bank of the future becomes the bank of the past.
Chinese group taps investors after it was hit hard by regulatory curbs on sector
New guarantee will cover authorised and unauthorised losses by customers
Private equity owner Cabot Square in talks about potential buyers
The implications of improved underwriting technology.
International Edition