Driven by interest rates that, at least for the near future, the Fed hints will continue to rise, banks have reported the market value of issued loans are currently less than their balance sheet at the end of 2022. These declining loan values could put pressure...
Instant disbursements adoption set new records in 2022 — except in lending, where two-thirds of FinTech FI customers would eagerly pay extra for instant disbursements. LendingClub’s Anuj Nayar explains how lenders looking to move toward faster loan disbursements can lean into AI for both speed...
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Prism has added origination services to its lending platform tailored to startup tech companies and employees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
New rules released by the Consumer Financial Protection Bureau on Thursday will change small business lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Novo is conducting a pilot of a working capital program designed for small business owners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Silicon Valley Bank began giving more loans to insiders after regulators identified some bank weaknesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Tink has joined forces with Italian FinTech ConTe.it Prestiti to streamline loan applications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
The push to pursue four-year college degrees for white-collar jobs, which kicked into high gear in the 1980s, has left America 40 years later with a steep shortage of skilled workers who can weld, drive a semi, fix HVAC systems, and perform jobs that have...
