loans

UK Banks Nix $1.3B In Fraudulent ‘Bounce-Back’ Loans

UK Banks Nix $1.3B In Fraudulent ‘Bounce-Back’ Loans
UK Banks Nix $1.3B In Fraudulent ‘Bounce-Back’ Loans
November 05, 2020  |  Security & Fraud

The United Kingdom’s version of the Paycheck Protection Program is also getting hit up by fraudsters, though British bankers appear to be a step ahead...

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Election-Driven Payday Loan Caps Spotlight On-Demand Wage Technology
Election-Driven Payday Loan Caps Spotlight On-Demand Wage Technology
November 05, 2020  |  Loans

Amid the pandemic, a ceiling on payday loans extends … state by state. Get the Full Story Complete the form to unlock this article and...

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COVID Spawns Local SMB Loans, Mask Shortages And More Suburban Starbucks
COVID Spawns Local SMB Loans, Mask Shortages And More Suburban Starbucks
November 04, 2020  |  Coronavirus

With federal COVID-19 stimulus programs dried up for the moment and talks to renew them stalled, local communities are looking to fill the void by...

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UK’s FCA Gives Six More Months For Loan Holidays
UK’s FCA Gives Six More Months For Loan Holidays
November 02, 2020  |  Loans

With new lockdown restrictions due to COVID-19 imminent, the U.K.’s Financial Conduct Authority (FCA) has extended loan holidays for those who still can’t pay off...

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Fed Adjusts Main Street Lending Terms To Help Small Businesses
Fed Adjusts Main Street Lending Terms To Help Small Businesses
October 30, 2020  |  Loans

The Federal Reserve Board has modified the terms of the Main Street Lending Program (MSLP)  to make it more obtainable for smaller businesses, according to...

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Personal Loan Apps Show Resilience In Latest Provider Ranking
Personal Loan Apps Show Resilience In Latest Provider Ranking
October 30, 2020  |  Mobile Applications

Maybe it’s a byproduct of that which shall not be named — by which we mean the pandemic — but PYMNTS’ Provider Rankings have been...

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TransUnion Beefs Up Credit Reports As Lenders Seek More Info
TransUnion Beefs Up Credit Reports As Lenders Seek More Info
October 29, 2020  |  Consumer Finance

Credit rating giant TransUnion is rolling out a new service it says will save time and money for lenders and other businesses seeking credit information...

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StreetShares Nets $10M To Expand SMB Lending Tech
StreetShares Nets $10M To Expand SMB Lending Tech
October 25, 2020  |  B2B Payments

FinTech StreetShares, which works to aid financial institutions (FIs) in providing loans for small- to medium-sized businesses (SMBs), has secured $10 million in a funding...

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Capital One Reports Drop In Domestic Card Average Loans Amid Pandemic
Capital One Reports Drop In Domestic Card Average Loans Amid Pandemic
October 23, 2020  |  Earnings

Capital One reported on Thursday (Oct. 22) that domestic card average loans fell in Q3, as consumers spent less and saved more amid the pandemic....

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