loans

Report: An Estimated £26 Billion In UK COVID Loans Might Be Fraudulent

Report: An Estimated £26 Billion In UK COVID Loans Might Be Fraudulent
Report: An Estimated £26 Billion In UK COVID Loans Might Be Fraudulent
December 20, 2020  |  Security & Fraud

The Bounce Back loan program the British government launched in May to spur England’s economic recovery from COVID-19 has been beset with fraud and poor-quality...

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Shares Of Lender Upstart Gain 47 Pct After IPO
Shares Of Lender Upstart Gain 47 Pct After IPO
December 16, 2020  |  IPO

Upstart, which works to partner banks with customers looking for loans, saw its shares surge 30 percent upon its public debut Wednesday (Dec. 16), according...

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Goldman Sachs: Some 90 Pct Of Businesses Have Depleted PPP Monies
Goldman Sachs: Some 90 Pct Of Businesses Have Depleted PPP Monies
December 15, 2020  |  Loans

Small firms recently surveyed by Goldman Sachs indicated that small and mid-sized businesses (SMBs) are desperately in need of another round of emergency Paycheck Protection...

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UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
December 15, 2020  |  Bank Regulation

The U.K.’s Financial Conduct Authority (FCA) has fined Barclays £26 million ($31.6 million) for its treatment of consumer credit customers who fell into arrears on...

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Warren Buffett Calls On Congress To Provide More PPP For Small Businesses
Warren Buffett Calls On Congress To Provide More PPP For Small Businesses
December 15, 2020  |  Economy

Berkshire Hathaway Chairman Warren Buffett is calling on Congress to provide more Paycheck Protection Program (PPP) loans to small businesses to help them survive the...

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Reading The Tea Leaves Of Post-Pandemic SMB Lending
Reading The Tea Leaves Of Post-Pandemic SMB Lending
December 11, 2020  |  B2B Payments

During periods of volatility and uncertainty, it can be next to impossible to plan for the long-term future. That’s especially true for small and medium-sized...

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Personal Loan App Ranking Rocking With Action
Personal Loan App Ranking Rocking With Action
December 10, 2020  |  Mobile Applications

Credit’s tight this winter, helping to explain some of the movement seen in PYMNTS latest Provider Ranking of Personal Loan Apps. As small businesses and...

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IKB Partners With fundingport On Corporate Finance
IKB Partners With fundingport On Corporate Finance
December 09, 2020  |  B2B Payments

IKB Deutsche Industriebank AG, which works in lending and public loans, will work with Hypoport subsidiary and corporate finance platform fundingport on corporate finance improvements, according...

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NEW REPORT: The Banks’ How-To Guide To Using AI To Manage Credit Risk
NEW REPORT: The Banks’ How-To Guide To Using AI To Manage Credit Risk
December 09, 2020  |  Artificial Intelligence

Managing credit risk used to be a reactive process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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