loans

Pandemic Aid Package Provides Relief For Lenders To Help SMBs

Pandemic Aid Package Provides Relief For Lenders To Help SMBs
Pandemic Aid Package Provides Relief For Lenders To Help SMBs
December 22, 2020  |  B2B Payments

The almost $900 billion U.S. pandemic aid package ratified by lawmakers Monday (Dec. 21) following months of debate will assist financial institutions by relaxing an...

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Report: An Estimated £26 Billion In UK COVID Loans Might Be Fraudulent
Report: An Estimated £26 Billion In UK COVID Loans Might Be Fraudulent
December 20, 2020  |  Cybersecurity

The Bounce Back loan program the British government launched in May to spur England’s economic recovery from COVID-19 has been beset with fraud and poor-quality...

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Shares Of Lender Upstart Gain 47 Pct After IPO
Shares Of Lender Upstart Gain 47 Pct After IPO
December 16, 2020  |  IPO

Upstart, which works to partner banks with customers looking for loans, saw its shares surge 30 percent upon its public debut Wednesday (Dec. 16), according...

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Goldman Sachs: Some 90 Pct Of Businesses Have Depleted PPP Monies
Goldman Sachs: Some 90 Pct Of Businesses Have Depleted PPP Monies
December 15, 2020  |  Loans

Small firms recently surveyed by Goldman Sachs indicated that small and mid-sized businesses (SMBs) are desperately in need of another round of emergency Paycheck Protection...

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UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
December 15, 2020  |  Bank Regulation

The U.K.’s Financial Conduct Authority (FCA) has fined Barclays £26 million ($31.6 million) for its treatment of consumer credit customers who fell into arrears on...

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Warren Buffett Calls On Congress To Provide More PPP For Small Businesses
Warren Buffett Calls On Congress To Provide More PPP For Small Businesses
December 15, 2020  |  Economy

Berkshire Hathaway Chairman Warren Buffett is calling on Congress to provide more Paycheck Protection Program (PPP) loans to small businesses to help them survive the...

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Reading The Tea Leaves Of Post-Pandemic SMB Lending
Reading The Tea Leaves Of Post-Pandemic SMB Lending
December 11, 2020  |  B2B Payments

During periods of volatility and uncertainty, it can be next to impossible to plan for the long-term future. That’s especially true for small and medium-sized...

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Personal Loan App Ranking Rocking With Action
Personal Loan App Ranking Rocking With Action
December 10, 2020  |  Mobile

Credit’s tight this winter, helping to explain some of the movement seen in PYMNTS latest Provider Ranking of Personal Loan Apps. As small businesses and...

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