loans

SBA Doubled Up Loans To More Than 4,000 Businesses

SBA Doubled Up Loans To More Than 4,000 Businesses
SBA Doubled Up Loans To More Than 4,000 Businesses
March 15, 2021  |  Loans

According to an analysis by the Small Business Administration (SBA)’s Office of the Inspector General, there were 4,260 borrowers who received duplicate loans sent out...

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Report: Chinese Regulators Target High-Living, Loan-Fueled Lifestyles Of Youth
Report: Chinese Regulators Target High-Living, Loan-Fueled Lifestyles Of Youth
March 14, 2021  |  Loans

Chinese regulators who have targeted the sprawling Ant Group and the country’s growing online lending sector are motivated in part by a desire to curtail...

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Plaid, Codat Team To Target UK SMB Loan Sector
Plaid, Codat Team To Target UK SMB Loan Sector
March 14, 2021  |  B2B Payments

Plaid and Codat unveiled a new offering in the U.K. that the companies say will make it easier for small- to medium-sized businesses (SMBs) to...

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Rightfoot Aims To Recreate Infrastructure For Repaying Student Loans
Rightfoot Aims To Recreate Infrastructure For Repaying Student Loans
March 12, 2021  |  Loans

Collectively, Americans owe roughly $1.7 trillion in student loan debt, a figure likely to continue climbing as the cost of education continues to rise alongside...

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Today In Digital-First Banking: LendingClub Loan Volume Bounces Back; NTT DATA Helps Banks Compete With FinTechs
Today In Digital-First Banking: LendingClub Loan Volume Bounces Back; NTT DATA Helps Banks Compete With...
March 11, 2021  |  Banking

In today’s top news in digital-first banking, LendingClub reported as part of its fourth-quarter financial results that originations increased 56 percent quarter over quarter, while...

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Today In Payments: Coupang Files $4.6 Billion US IPO; LendingClub Q4 Loan Volume Rebounds By 56 Pct
Today In Payments: Coupang Files $4.6 Billion US IPO; LendingClub Q4 Loan Volume Rebounds By...
March 11, 2021  |  News

In today’s top news, Coupang raised $4.6 billion in its IPO, and LendingClub reported that loan volumes were up 56 percent in the fourth quarter....

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PSCU, Allied Solutions Team On Delinquency Management
PSCU, Allied Solutions Team On Delinquency Management
March 11, 2021  |  Credit Unions

Credit union service organization PSCU has partnered with Allied Solutions in order to give financial institutions the option of single-source delinquency management and support, according to...

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LendingClub Q4 Loan Volume Rebounds By 56 Pct
LendingClub Q4 Loan Volume Rebounds By 56 Pct
March 10, 2021  |  Earnings

LendingClub reported Wednesday (March 10) as part of its fourth quarter earnings results that originations climbed 56 percent quarter over quarter, exceeding the high end...

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