• Aug. 23, 2017, 2:19 pm

The Daily Dig for Thursday, August 6

Record originations boost Lending Club share price

Record high originations gave Lending Club shares a four percent boost this week, leaving them 67 cents below their IPO price. Maureen Farrell reports.

Lenders create Bill of Rights

A group of small business lenders have create a voluntary Small Business Borrower’s Bill of Rights to provide protection to borrowers. Nick Clements explains.

China home to biggest banks

Four of the five largest banks in the world hail from China. Is that a problem? Gwynn Guilford thinks so.

Facebook owns patent for using social media to assess credit risk

Acquired along with several other patents when Facebook took over another company a few years ago, the patent allows credit providers to use social media to determine if a person is worth lending to. Cadie Thompson explains.

 

 

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