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  • Wed. Oct 30th, 2024
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    Tag: Credit

    SoFi Cash Accounts Surge 54% as Product Monetization Continues to Advance
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    SoFi Cash Accounts Surge 54% as Product Monetization Continues to Advance

    SoFi Technologies“Cross-selling continues and certain trends appear to be taking hold as the interest rate environment becomes more favorable. Members are accessing more products through the company's platform and momentum is increasing SoFi money Deposits continue to be supported by direct deposit members. After rising more than 50% in the past three months, SoFi shares […]

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    US Bancorp sees outages in stable cards and an increase in sales
    News

    US Bancorp sees outages in stable cards and an increase in sales

    US Bancorp's most recent quarter showed continued card balance growth, the resiliency of its so-called “differentiated business model” and credit quality metrics that were in line with expectations. CEO Andrew Cecere said on the conference call with analysts that the company had seen “good momentum across several fee-based business initiatives,” adding that net charge-off rates […]

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