Author: Fady Askharoun
It began with a problem years ago, back when consumers started shifting online, particularly when financial transactions started going digital. As borrowers gravitated to the Internet to do business with lenders, the need for insurance…
The severity of a liquidity crunch for digital lenders cannot be overstated, as it poses significant challenges to their operations and the broader financial ecosystem. When liquidity becomes scarce, it can lead to a vicious…
Lending acts as a fundamental driver of economic vitality, facilitating investments, consumer spending, and broader economic expansion. Its intricacies are closely linked with the prevailing economic climate, as fluctuations in key indicators—such as inflation, interest…
A new report from Open Lending and TransUnion dispels the myth that many thin-file consumers, especially Millennials and Generation Z, are more risky. By digging deeper into available data, lenders can identify profitable consumers who…
Since 2013, we have been closely following the lending space. In the past 11 years, there has been an incredible amount of innovation, much of which we have reported on here. After a few years…
Embedded finance is having a moment. While those of us in fintech marvel at all the technological innovation enabling its different facets, the reality is that embedded finance is helping people in very real ways.…
Results of a new survey from PayNearMe show demand for digital payment types and general dissatisfaction with the loan-paying process. Both are omens for the industry. When asked what would make it easier to pay…
Affirm reported earnings before the bell this morning and, in the words of CEO Max Levchin on X, “In the parlance of our times, we slayed.” Yes, it was a terrific quarter, continuing the excellent…
While both Generation Z and millennials are maturing during difficult financial times, TransUnion’s study Solving for Z shows Generation Z has it harder. Solving for Z compares the credit usage of 22-24-year-olds today to how…
The Buy-Now-Pay-Later market in Mexico is evolving beyond the realm of digital commerce, also emerging as a viable alternative to cash for in-store transactions at brick-and-mortar establishments. In the past few years, several BNPL providers…
