loans

SMB Loans Pose Potential Big Risk For European Banks

SMB Loans Pose Potential Big Risk For European Banks
SMB Loans Pose Potential Big Risk For European Banks
January 20, 2021  |  Banking

Euro area banks have cut back on lending, as the pandemic continues to threaten the economy. At the same time, however, big problems are building...

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Today In B2B: WEX Integrates With MYOB; Citi Accelerates ISO 20022 Path
Today In B2B: WEX Integrates With MYOB; Citi Accelerates ISO 20022 Path
January 20, 2021  |  B2B Payments

Today in B2B payments, European banks pull back spending, while WEX collaborates with MYOB. Plus, dLocal partners with Dinie, RepSpark partners with PGA and Citi...

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Pandemic’s New PPP Extends $5 Billion During First Week 
Pandemic’s New PPP Extends $5 Billion During First Week 
January 20, 2021  |  Loans

During the first week of the newly-reopened Paycheck Protection Program (PPP), some 60,000 loans were extended totaling $5 billion, the Wall Street Journal (WSJ) reported...

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European Banks Lend Less, Fearing Bad Loans During Pandemic
European Banks Lend Less, Fearing Bad Loans During Pandemic
January 19, 2021  |  Economy

Euro area banks have scaled back lending in order to shield against risk, a new European Central Bank (ECB) survey says. Get the Full Story...

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PPP Round Two Aims To Clean Up Issues From Round One
PPP Round Two Aims To Clean Up Issues From Round One
January 19, 2021  |  Loans

The second round of federal funds to small businesses is already on its way out the door, with the Paycheck Protection Program (PPP) opening up...

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COVID-19 Scams Target The Business Community
COVID-19 Scams Target The Business Community
January 18, 2021  |  B2B Payments

With a second Paycheck Protection Program (PPP) on the way, small businesses have yet another chance to secure much-needed financial relief. But new concerns are...

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Biden Taps FTC’s Rohit Chopra To Head CFPB
Biden Taps FTC’s Rohit Chopra To Head CFPB
January 18, 2021  |  Consumer Finance

Rohit Chopra, a commissioner at the Federal Trade Commission (FTC), has been tapped by President-elect Joe Biden to head the Consumer Financial Protection Bureau (CFPB),...

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Google India Boots Loan Apps Breaking Safety Policies
Google India Boots Loan Apps Breaking Safety Policies
January 14, 2021  |  Google

After reviewing numerous complaints, Google India said it will remove any apps relating to personal lending that are found to be in violation of its...

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