loans

FinTechs, FIs Uniting Over Distributed Banking For Disbursements

FinTechs, FIs Uniting Over Distributed Banking For Disbursements
FinTechs, FIs Uniting Over Distributed Banking For Disbursements
January 13, 2021  |  Disbursements

Ingo Money CEO Drew Edwards recently told PYMNTS that “Historically, banks have viewed FinTechs through an ‘us versus them’ lens — and rightly so, because,...

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Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink
Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink
January 12, 2021  |  B2B Payments

Today in B2B payments, some small businesses received less than $99 in Paycheck Protection Program (PPP) loans, and U.S. bank profits are expected to sink....

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About 300 SMBs Received Less Than $99 In PPP
About 300 SMBs Received Less Than $99 In PPP
January 11, 2021  |  B2B Payments

While the Paycheck Protection Program (PPP) was supposed to be a lifeline for struggling small- to medium-sized businesses (SMBs) during the pandemic, some SMBs that...

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Porter Capital Offers New Funding Tools To PPP Recipients
Porter Capital Offers New Funding Tools To PPP Recipients
January 11, 2021  |  B2B Payments

Porter Capital, which works with accounts receivable (AR) financing and asset-based lending solutions, will provide more funding for businesses in need of extra money from...

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Day 1 Dawns For SMBs With PPP2
Day 1 Dawns For SMBs With PPP2
January 11, 2021  |  Loans

Two weeks after its 11th-hour passage by Congress, the second round of the Paycheck Protection Program (PPP) administered by the Small Business Administration has begun...

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China Tightens Scrutiny Of Consumer Lending By Tech Giants
China Tightens Scrutiny Of Consumer Lending By Tech Giants
January 11, 2021  |  Bank Regulation

Ant Group, Tencent and JD.com are facing a crackdown by Beijing over concerns of over-lending to consumers through their platforms, a major cash cow for...

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Today In B2B: SBA Releases New PPP Loan Guidance; xSuite Secures Peppol Certification
Today In B2B: SBA Releases New PPP Loan Guidance; xSuite Secures Peppol Certification
January 11, 2021  |  B2B Payments

Today in B2B payments, the SBA releases guidance for the next round of PPP loans, while xSuite secures Peppol invoice certification. Plus, TripActions announces ERP...

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SBA Unveils Guidance For Second Round Of PPP Loans
SBA Unveils Guidance For Second Round Of PPP Loans
January 08, 2021  |  Loans

The Small Business Administration (SBA) has released guidance on applying for the second round of loans being offered under the Paycheck Protection Program (PPP), which...

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