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PPP Round Two: Small Business Administration Unveils Rules For $284.5 Billion Stimulus Program 

PPP Round Two: Small Business Administration Unveils Rules For $284.5 Billion Stimulus Program 
PPP Round Two: Small Business Administration Unveils Rules For $284.5 Billion Stimulus Program 
January 08, 2021  |  Loans

The U.S. government has unveiled rules for the new $284.5 billion round of its popular Paycheck Protection Program (PPP), which should begin accepting applications soon....

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SMBs (And Their Lenders) Rethink Their Financing Strategy
SMBs (And Their Lenders) Rethink Their Financing Strategy
January 08, 2021  |  B2B Payments

There’s no doubt that the small business community is facing a period of immense tribulation. In addition to navigating forced shutdowns and supply chain disruptions,...

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SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket
SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket
January 07, 2021  |  IPO

Online FinTech startup SoFi announced Thursday (Jan. 7) that it was merging with publicly-traded Social Capital in an $8.6 billion deal that brings it instant liquidity...

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China’s Ant Group Mulling Creation Of New Consumer Loan Unit
China’s Ant Group Mulling Creation Of New Consumer Loan Unit
January 07, 2021  |  Cross-border Payments

China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while...

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Optimizing Data To Unlock Trade Finance Collaboration
Optimizing Data To Unlock Trade Finance Collaboration
January 07, 2021  |  B2B Payments

Well before the coronavirus crisis hit, businesses — particularly small and medium-sized enterprises (SMEs) — were faced with a whopping $1.5 trillion gap in available...

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Loans By Smartphones Rate In New Provider Ranking Of Personal Loan Apps
Loans By Smartphones Rate In New Provider Ranking Of Personal Loan Apps
January 06, 2021  |  Mobile

When applying for a personal loan, we like the process to be brief, efficient, no suspense. Get the Full Story Complete the form to unlock...

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Supply Chain Finance Firms Could See Spike In Defaults In Europe
Supply Chain Finance Firms Could See Spike In Defaults In Europe
January 06, 2021  |  B2B Payments

As a leading European watchdog debuts more stringent standards, the financial institutions (FIs) that help support the continent’s supply chains are set to encounter a...

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Today In Digital-First Banking: OCC OKs Stablecoins, INVNs For Banks; States Sue Banking Watchdog Over ‘True Lender’ Regulation
Today In Digital-First Banking: OCC OKs Stablecoins, INVNs For Banks; States Sue Banking Watchdog Over...
January 06, 2021  |  Banking

In today’s top news in digital-first banking, the Office of the Comptroller of Currency (OCC) has OK’d independent node verification networks (INVNs) and stablecoins for...

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