Tagged: lending

March 13, 2026 @ 3:13 pm By Omar Faridi  |  

UK Finance has indicated that British high street banks extended more support to small and medium-sized enterprises last year, with total new lending climbing to £17.5 billion in 2025 from £16.1 billion in 2024. The latest figures from UK Finance show this marks the second… Read More

March 13, 2026 @ 10:07 am By Omar Faridi  |  

Upstart Holdings, Inc. (NASDAQ:UPST), the creator of an artificial intelligence lending marketplace traded on NASDAQ under the ticker UPST, has revealed its intention to seek a national bank charter. The move, disclosed March 10, involves establishing Upstart Bank, N.A., as a federally insured institution, pending clearances… Read More

March 3, 2026 @ 2:43 pm By Omar Faridi  |  

In a recent move blending artificial intelligence with blockchain technology, Figure Technology Solutions (Nasdaq: FIGR) has unveiled a venture with Agora Data. This alliance aims to integrate auto financing options into Figure’s innovative marketplace platforms, signaling a broader reach into consumer credit sectors beyond traditional… Read More

March 3, 2026 @ 2:41 pm By Omar Faridi  |  

Investment and trading platform Kraken continues to move forward with user-centric updates that enhance accessibility and financial services. Recent announcements highlight this focus: the integration of Payward Ramp with Onramper and the launch of Kraken Flexline. These developments address key pain points for crypto enthusiasts,… Read More

March 3, 2026 @ 2:07 pm By Omar Faridi  |  

In the landscape of decentralized finance, Aave Horizon emerges as a specialized platform on the Ethereum blockchain, designed specifically for accredited investors. This lending marketplace allows users to secure stablecoin loans using tokenized securities or real-world assets (RWAs) as collateral. It delivers seamless, round-the-clock liquidity… Read More

February 27, 2026 @ 2:37 am By Omar Faridi  |  

In a concerning development within the United Kingdom’s specialist property finance sector, Market Financial Solutions Limited (MFS) has applied to the court for administration after nearly 20 years of continuous operation. Founded in 2006, the London-based firm has built a reputation as a reliable provider… Read More

February 27, 2026 @ 12:50 am By Omar Faridi  |  

Lenders across Ireland’s banking and non-banking sectors remain firmly committed to the real estate market, according to KPMG’s newly released Irish Real Estate Lending Survey for March 2025. The report, released this month, captures a cautiously optimistic mood among credit providers at a time when… Read More

February 26, 2026 @ 5:30 pm By Omar Faridi  |  

TransUnion (NYSE: TRU) released its 2026 credit originations outlook, projecting steady but tempered expansion across major lending categories. The forecast, issued alongside the Q4 2025 Credit Industry Insights Report (CIIR), highlights mortgages and unsecured personal loans as the main engines of growth amid a broader… Read More

February 21, 2026 @ 1:23 pm By Omar Faridi  |  

Figure Technology Solutions (Nasdaq: FIGR) has suffered a significant data breach that exposed the personal details of approximately 967,000 customer accounts. The incident, which came to light in mid-February 2026, stemmed from a targeted social engineering attack rather than a technical vulnerability, highlighting ongoing challenges… Read More

February 20, 2026 @ 11:43 am By Omar Faridi  |  

Crypto lending platform Ledn has completed the inaugural securitization of Bitcoin-collateralized loans into asset-backed securities (ABS). The deal, valued at $188 million, represents a significant step in legitimizing crypto credit products within mainstream debt markets and opens new avenues for liquidity in the digital asset… Read More

February 18, 2026 @ 7:33 am By Omar Faridi  |  

Aave has indicated that the decentralized finance landscape is maturing and that liquidations serve as an essential safeguard, protecting lenders and maintaining protocol integrity even when borrowers face challenges. Since its inception in 2020, the Aave protocol has managed more than 310,000 liquidation events, amounting… Read More

February 15, 2026 @ 9:13 am By Omar Faridi  |  

In a recent development for the alternative asset management sector, Brigade Capital Management, LP, a global investment firm, has concluded the fundraising for its inaugural private credit vehicle. The Brigade Private Credit Solutions Fund has amassed more than $1 billion in commitments, surpassing initial targets… Read More

February 9, 2026 @ 9:02 am By Omar Faridi  |  

The United Kingdom’s financial sector is showing signs of adaptation and cautious positivity as outlined in recent reports from UK Finance. Amid ongoing geopolitical uncertainties, the organization’s latest Economic Review highlights tentative improvements in business sentiment, while another key update explores the expanding specialist buy-to-let… Read More

February 5, 2026 @ 8:38 am By Omar Faridi  |  

Equifax (NYSE: EFX) has unveiled a new predictive tool aimed at shielding lenders from the escalating threats of first-party fraud. Announced on January 30, 2026, the Credit Abuse Risk model leverages data compliant with the Fair Credit Reporting Act (FCRA) to identify suspicious behaviors that… Read More

January 30, 2026 @ 5:20 pm By Omar Faridi  |  

Equifax (NYSE: EFX) has introduced its innovative Employment Insights solutions tailored specifically for auto dealers. Announced recently, these tools integrate authenticated employment and earnings information from The Work Number database with the company’s standard consumer credit reports. This combination provides lenders with a more comprehensive… Read More

January 29, 2026 @ 9:27 am By Omar Faridi  |  

Seen Finance, an affiliate of Snap Finance and the servicer behind the Seen-branded credit card, has forged a strategic alliance with Nova Credit, a key player in credit infrastructure and analytics. Announced on January 28, 2026, this collaboration aims to broaden credit opportunities by incorporating… Read More

January 28, 2026 @ 6:14 am By Omar Faridi  |  

In a move to enhance accuracy and security in consumer lending, Equifax (NYSE: EFX) has rolled out products aimed at streamlining credit decisions and combating sophisticated fraud. These advancements come at a time when financial institutions face increasing pressure to balance rapid approvals with robust… Read More

January 27, 2026 @ 1:05 am By Omar Faridi  |  

Estateguru, a pan-European real estate crowdfunding platform, continues to make progress in 2026 with key updates focused on the Baltic markets. As a crowdfunding focused platform, it connects investors with property developers, offering opportunities for diversified investments secured by mortgages. Recent announcements from Estateguru highlight… Read More

January 23, 2026 @ 8:31 am By Omar Faridi  |  

Bank of Ireland has unveiled two significant developments that highlight its commitment to enhancing customer experiences and tracking economic vitality. These announcements underscore the bank’s role in driving digital transformation and providing insights into household behaviors amid a shifting economy. One standout initiative is the… Read More

January 19, 2026 @ 5:21 pm By Omar Faridi  |  

The US Department of Education has announced a temporary halt to seizing tax refunds and wages from individuals with delinquent student loans. This decision arrives shortly after the agency indicated it would begin issuing garnishment orders to an initial group of about 1,000 borrowers this… Read More