There is little doubt rapid innovation is occurring in the financial technology space. While a paradigm shift in financial services was already well underway, the COVID-19 pandemic is likely to exacerbate that shift. My role as CEO at SuperMoney has provided me with some insight into how things are evolving in the fintech space. Below […]

The payday lending industry heaved a collective sigh of relief yesterday. The Consumer Financial Protection Bureau proposed the weakening of Obama-era payday lending rules that required lenders to assess borrowers’ ability to repay. They also limited the number of times a lender could try to withdraw money from a lender’s account to two. Major victory […]

Government shutdowns affect millions of people but they are particularly hard on poor families and low-income workers. While Congress and White House staff members continue to get paid 800,000 federal employees have seen their paychecks stop. About 420,000 “essential” employees are working without pay. This includes IRS, NASA, and TSA agents. Approximately 380,000 workers have […]

In partnership with Experian and fintech company Finicity, FICO recently announced a new credit scoring model called the UltraFICO Score. This new score will give customers the choice to include data from their bank accounts as well. This marks the first time the credit scoring pioneer has included consumer-contributed data in its credit scoring calculations. This makes it possible for people who can’t […]

Building on the technology that powers SuperMoney’s leading marketplaces for personal loans, auto loans, auto loan refinancing, and business loans, we are proud to announce that SuperMoney has launched a modern marketplace that will help students make smarter decisions when shopping for student loan refinancing. The SuperMoney Student Loan Refinance Marketplace allows you to: Submit […]