Robert Wildhack News Today

Operator: Good day everyone and welcome to the Credit Acceptance Corporation Fourth Quarter 2023 Earnings Call. Todays call is being recorded.

Operator: Good morning and thank you for attending todays SoFis Second Quarter 2023 Earnings Conference call.

Operator: Good day, and welcome to the Northern Trust Corporation Second Quarter 2023 Earnings Conference Call. Today’s conference is being recorded.

U.S. financial technology companies are tightening their lending standards, a move that has bolstered their access to debt financing from Wall Street investors, according to industry executives.During the COVID-19 pandemic, many fintechs began lending to borrowers with imperfect credit, but Wall Street in

U.S. financial technology companies are tightening their lending standards, a move that has bolstered their access to debt financing from Wall Street investors, according to industry executives.During the COVID-19 pandemic, many fintechs began lending to borrowers with imperfect credit, but Wall Street in

Fintechs like Upstart, Affirm and OneMain Financial say they are boosting credit quality, in another example of how lenders have been pulling back amid uncertainty over the economic outlook.

US financial technology companies are tightening their lending standards, a move that has bolstered their access to debt financing from Wall Street investors, according to industry executives.

After seeing deposit increase over the second half of March, CFO Dermot McDonogh restated the New York custody giant's guidance for a 20% year-over-year jump in spread income, hinting the company might actually overshoot its target.

Operator: Good day, and welcome to the Upstart Fourth Quarter 2022 Earnings Call. Todays conference is being recorded.

The company reported its seventh consecutive quarter of record adjusted net revenue.