News
NY Officials Urge Credit Freezes to Prevent Identity Theft
5+ hour, 40+ min ago (131+ words) Why Protect Your Credit? Proactively taking steps to protect your credit can save money, prevent long-term credit damage, and ensure you have access to credit when you need it. What Is a Credit Freeze? Protecting your credit through a credit…...
A Credit Cycle, Not A Crisis
1+ hour, 20+ min ago (20+ words) Real Clear Markets A Credit Cycle, Not A Crisis Let us first dismiss concerns about systemic risk....
5 shocking credit card statistics in 2026 (and how to avoid becoming one)
1+ day, 44+ min ago (917+ words) One of the most alarming financial trends in recent years is the rapid growth of credit card debt. This increase reflects a combination of higher living costs, greater reliance on credit, and rising interest rates that make balances harder to…...
Kbank Enhances SOHO Credit Scoring Model Using AI
8+ hour, 40+ min ago (310+ words) Published 29 Apr. 2026 10: 00(KST) On April 29, Kbank announced that it has enhanced its credit scoring system (CSS) for small office/home office (SOHO) business owners by reflecting the changing business environment and customer characteristics, and by utilizing artificial intelligence (AI) technology…...
Investors rebuff Boaz Weinstein offer to buy shares
13+ hour, 41+ min ago (403+ words) NEW YORK: Investors in a Blue Owl Capital Inc fund tendered less than 1% of shares to Boaz Weinstein's Saba Capital Management and Cox Capital Partners, which had offered to buy them out at a steep discount, according to people familiar…...
JPMorgan's Dimon Warns Not All 1, 000 Private Credit Firms Will Survive Downturn
13+ hour, 49+ min ago (252+ words) Seoul Economic Daily Jamie Dimon, chief executive of JPMorgan, the largest U. S. bank, issued another warning about troubles in the credit lending market. Speaking at an investment management conference in Norway on Tuesday, Dimon said the contraction in the credit lending…...
Novio raises $10. 5m to expand credit access in India
4+ hour, 22+ min ago (277+ words) The Next Phase of Customer Engagement: Digital Banking to AI-Ready Digital Banking The company said the fresh capital will be used to expand its distribution network across tier II to tier V cities, strengthen partnerships with banks, and enhance its…...
JPMorgan's Jamie Dimon warns again on risks of credit downturn
17+ hour, 26+ min ago (286+ words) JPMorgan Chase & Co. s Jamie Dimon again cautioned that a credit market downturn could be worse than expected, even after his firm and Wall Street rivals posted a banner quarter in which loan portfolios held up. In private credit specifically,…...
Mortgage credit score changes raise gamification concerns
9+ hour, 33+ min ago (317+ words) Mortgage executives say adding lender choice between FICO 10 T and Vantage Score 4. 0 could enable gamification and adverse selection. They expect the GSEs to adjust LLPA grids to replace lost fee revenue, shifting costs back to borrowers." AI Summary Mortgage industry…...