Cross River Intelligence Archives

Happy Sunday, Fed Chair Powell warns more hikes are coming. Bank economists remain downbeat on credit conditions. FDIC issues more cease and desist orders over deposit insurance claims. CFPB seeks to supervise big tech. Fintechs still raising funds. Crypto grab bag. PayPal sells European BNPL portfolio. Bmtx acquires Envel. New here? Subscribe here to get our newsletter each Sunday. For eve ...

Happy Sunday, Inflation cools. Fed pauses on rate hikes. Renters get a break. CFPB pushes ahead with open banking rules. FIS acquires BaaS platform Bond. Lower credit card late fees are no free lunch. PayPal SMB lending fills bank branch gap. Pagaya announces seventh ABS deal this year. Cross River and Momnt announce partnership. New here? Subscribe here to get our newsletter each Sunday. F ...

Happy Sunday, Wage growth slows. Worries continue over banks’ commercial real estate exposure. Minnesota passes payday loan cap. SEC bears down on Coinbase, Binance. Big banks could see capital requirements jump 20%. Lawmakers try again to rein in credit card processing costs. OpenFin announces Series D. Online banks winning war for deposits. A neobank for retirees. New here? Subscrib ...

Happy Sunday, Congress is poised to reach a debt ceiling deal. Borrowers may (finally) resume paying their student loans. OneMain hit with NYDFS, CFPB cases. Comerica under fire for handling of Direct Express program. Overdraft revenue down 50% from 2019. Rent reporting platform Boom raises $4.5Mn. Klarna cuts losses in half. Cross River and Paymints team up. JPMC bets big on AI. Monzo reaches ...

Hi all, Cole here! We come to you today with our quarterly consumer lending wrap up. Catch up on the latest trends emerging in the consumer lending space: we see credit tightening slowing origination volume, but helping delinquencies, and MPL’s new issue volumes rebounding. New here? Subscribe here to get our newsletter each Sunday. For even more updates, follow PeerIQ on LinkedIn and ...