loans

UK’s FCA Gives Six More Months For Loan Holidays

UK’s FCA Gives Six More Months For Loan Holidays
UK’s FCA Gives Six More Months For Loan Holidays
November 02, 2020  |  Loans

With new lockdown restrictions due to COVID-19 imminent, the U.K.’s Financial Conduct Authority (FCA) has extended loan holidays for those who still can’t pay off...

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Fed Adjusts Main Street Lending Terms To Help Small Businesses
Fed Adjusts Main Street Lending Terms To Help Small Businesses
October 30, 2020  |  Loans

The Federal Reserve Board has modified the terms of the Main Street Lending Program (MSLP)  to make it more obtainable for smaller businesses, according to...

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Personal Loan Apps Show Resilience In Latest Provider Ranking
Personal Loan Apps Show Resilience In Latest Provider Ranking
October 30, 2020  |  Mobile

Maybe it’s a byproduct of that which shall not be named — by which we mean the pandemic — but PYMNTS’ Provider Rankings have been...

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TransUnion Beefs Up Credit Reports As Lenders Seek More Info
TransUnion Beefs Up Credit Reports As Lenders Seek More Info
October 29, 2020  |  Consumer Finance

Credit rating giant TransUnion is rolling out a new service it says will save time and money for lenders and other businesses seeking credit information...

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StreetShares Nets $10M To Expand SMB Lending Tech
StreetShares Nets $10M To Expand SMB Lending Tech
October 25, 2020  |  B2B Payments

FinTech StreetShares, which works to aid financial institutions (FIs) in providing loans for small- to medium-sized businesses (SMBs), has secured $10 million in a funding...

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Capital One Reports Drop In Domestic Card Average Loans Amid Pandemic
Capital One Reports Drop In Domestic Card Average Loans Amid Pandemic
October 23, 2020  |  Earnings

Capital One reported on Thursday (Oct. 22) that domestic card average loans fell in Q3, as consumers spent less and saved more amid the pandemic....

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Grab’s Earnings Bouncing Back To Pre-COVID Numbers
Grab’s Earnings Bouncing Back To Pre-COVID Numbers
October 22, 2020  |  Earnings

Singapore’s mobile tech giant Grab is seeing solid recovery, with revenue bouncing back to 95% of pre-pandemic levels, according to a Thursday, Oct. 22 Reuter’s...

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HSBC To Eliminate As Many As 300 UK Commercial Banking Jobs
HSBC To Eliminate As Many As 300 UK Commercial Banking Jobs
October 21, 2020  |  Personnel

HSBC will be restructuring its commercial banking business in Britain which will result in 300 job cuts, according to Reuters. Get the Full Story Complete...

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