loans

How Businesses Leverage Working Capital Solutions to Drive Growth
How Businesses Leverage Working Capital Solutions to Drive Growth
July 09, 2024  |  B2B Payments

In an evolving economic landscape, the ability to innovate in working capital management is crucial. And with the news Tuesday (July 9) that the latest...

READ MORE >
New Data: Instant Loan Payouts Rise Thanks to Growing Lender Adoption
New Data: Instant Loan Payouts Rise Thanks to Growing Lender Adoption
July 09, 2024  |  News

Borrowing connects consumers with funds they need to pay for major expenses or to manage debt. As a result, the timely receipt of these funds...

READ MORE >
Report: Bank of Montreal Leads $2.55 Billion Loan in Nuvei Deal
Report: Bank of Montreal Leads $2.55 Billion Loan in Nuvei Deal
July 08, 2024  |  Loans

Bank of Montreal is reportedly leading a group of underwriters launching a $2.55 billion loan to back the previously announced acquisition of Canadian payments processor Nuvei....

READ MORE >
Embedded Lending Puts SMBs at Center of Financial Services Landscape
Embedded Lending Puts SMBs at Center of Financial Services Landscape
July 08, 2024  |  SMBs

The growing importance of seamless, customer-centric financial solutions has transformed today’s digital economy. And innovations like embedded lending have revolutionized the financial services ecosystem by...

READ MORE >
CFPB Finds Failures in Loan Collection and Medical Credit Cards
CFPB Finds Failures in Loan Collection and Medical Credit Cards
July 02, 2024  |  CFPB

The companies collecting Americans’ student loans, auto loans and medical payments have some work to do. That’s according to a report issued Tuesday (July 2) by the Consumer...

READ MORE >
State Bank of India Launches Web-Based Invoice Financing Solution
State Bank of India Launches Web-Based Invoice Financing Solution
July 01, 2024  |  B2B Payments

The State Bank of India reportedly launched a web-based invoice financing solution for microbusinesses and small- to medium-sized businesses (SMBs). The new MSME Sahaj solution...

READ MORE >
Following Court Orders, CFPB Extends Small Business Lending Rule Deadlines
Following Court Orders, CFPB Extends Small Business Lending Rule Deadlines
June 25, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has extended the compliance dates for its small business lending rule pursuant to court orders. A federal court in Texas stayed...

READ MORE >
FundPark Gets $250 Million for Chinese Working Capital Projects
FundPark Gets $250 Million for Chinese Working Capital Projects
June 25, 2024  |  Startups

Hong Kong-based FinTech FundPark reportedly obtained a $250 million private loan led by HSBC. The loan is the second investment of this type FundPark has...

READ MORE >
Nonbanks, Systemic Risks Highlight Need for ‘Know Your Business’ Due Diligence
Nonbanks, Systemic Risks Highlight Need for ‘Know Your Business’ Due Diligence
June 20, 2024  |  Authentication

For banks, forging partnerships with nonbanks and FinTechs has been a key way to capitalize on growth opportunities in private credit. But the increasing connectedness...

READ MORE >