Cross River Intelligence Archives

Hi all, Cole here, We come to you today with our quarterly consumer lending review. Catch up on the latest trends emerging in the consumer lending space: personal loan trends, auto/bankcard loan trends, takeaways from fintech earnings, takeaways from bank earnings, and an increase in MPL new issue volume. New here? Subscribe here to receive our newsletter each Sunday. For e ...

Happy Sunday, Fed minutes say “higher for longer.” CFPB survives court challenge, issues BNPL guidance, sues SoLo Funds. FDIC Chair to resign. Yendo, Footprint, and Majority announce funding rounds. PayActiv looking to sell minority stake. Synapse meltdown continues. Keep your eye out this week for our Q1 Consumer Lending Review, keeping you up-to-date on what’s happening ...

Happy Sunday, A mixed bag on inflation metrics. Fed urges patience, reiterates policy stance. Retail sales fall as more consumers max out cards. CFPB distributes $384Mn to Think Finance victims. Klarna takes steps towards IPO. 7-Eleven tests expanded cash in/cash out capabilities. Chime announces EWA product. New here? Subscribe here to get our newsletter each Sunday. For even more updates, ...

Happy Sunday, Slower growth may be necessary to tame inflation. Chime enters into consent order. SoFi settles with Finra. SEC investigating Upstart. FIS launches BaaS platform. Mercury expands into spend management. BNPL’s “phantom debt” problem. Crowded taps Visa Direct. Fintechs wrap up our earnings season coverage. New here? Subscribe here to get our newsletter each Sun ...

Happy Sunday, Job openings fall. Rates likely to stay higher for longer. DOJ investigates Block. Ansa raises $14Mn. Baselayer emerges from stealth. Backflip announces $15Mn Series A. Republic First seized, sold. Goldman looks to offload GM card. Fintech lenders report earnings. New here? Subscribe here to get our newsletter each Sunday. For even more updates, follow us on LinkedIn (PeerIQ b ...