Auto Loan Delinquencies Creep Higher Among the Most Creditworthy
Credit delinquencies are starting to creep up even among borrowers with the highest credit scores. Research shows that most of the increase is concentrated in the auto loan and mortgage segments, while credit card delinquencies remain stable for now. According to the latest edition of CreditGauge, published by VantageScore, late-stage delinquencies have risen across all […]
Visa to End Its Open Banking Operations in the U.S.
As concerns grow over the relationships between fintechs and banks, Visa will reportedly shut down its open banking services in the United States. Open banking relies on third-party relationships, where financial technology companies connect banks to each other and to a range of services. These offerings have become essential to the digital banking experience consumers […]
Oracles Can Be the Final Piece of the Blockchain Puzzle
Much has been made of the security and immutability of blockchain, but this security comes with a caveat: It can be achieved only when the blockchain is separated from external systems. This means that a smart contract could be set up in a supply chain to tell a company when a shipment is transferred, but […]