loans

Plaid Offers Lenders Payroll Data To Expedite SMB Loans
Plaid Offers Lenders Payroll Data To Expedite SMB Loans
April 06, 2020  |  Loans

Plaid, a startup being acquired by Visa, wants to help money get to those who need loans faster. To do so, it’s attacking the problem...

READ MORE >
Small Business Rescue Program Encounters Technical Challenges
Small Business Rescue Program Encounters Technical Challenges
April 06, 2020  |  Loans

Amid processing and technology challenges that are holding back payments, the U.S. government’s $350 billion small business rescue program began its fourth day on Monday...

READ MORE >
Today In Payments: Wells Fargo To Cap SMB Bailout Loans At $10B; Apple Buys AI Voice Assistant Startup Voysis
Today In Payments: Wells Fargo To Cap SMB Bailout Loans At $10B; Apple Buys AI...
April 06, 2020  |  News

In today’s top news, Wells Fargo began taking loan applications, saying it will disperse $10 billion to nonprofits and small businesses, and Apple bought voice...

READ MORE >
BOA Says 10 Pct Of $350B Emergency Loans May Be Already Gone 
BOA Says 10 Pct Of $350B Emergency Loans May Be Already Gone 
April 06, 2020  |  Coronavirus

Three days after lenders began accepting applications for business bailout loans, Bank of America said requests for the cash reached 10 percent by Monday (April...

READ MORE >
Wells Fargo To Cap SMB Bailout Loans at $10 Billion
Wells Fargo To Cap SMB Bailout Loans at $10 Billion
April 06, 2020  |  Loans

Wells Fargo announced it will begin taking loan applications on Monday (April 6) as part of the Paycheck Protection Program (PPP) and will disperse $10...

READ MORE >
Switzerland Issues $15B In SMB Loans Within First Week Of Launch
Switzerland Issues $15B In SMB Loans Within First Week Of Launch
April 05, 2020  |  Loans

Switzerland is in the midst of an economic surge compared to other coronavirus-ravaged countries, with fast and efficient loans making the difference, experts say. Get...

READ MORE >
Global Bankers Release $500B In Capital To Facilitate Lending
Global Bankers Release $500B In Capital To Facilitate Lending
April 05, 2020  |  Loans

Financial regulators have made $500 billion in capital available for lenders around the world, which gives lenders the freedom for another $5 trillion of loans...

READ MORE >
BoA Receives $6B In SMB Loan Requests Within Hours
BoA Receives $6B In SMB Loan Requests Within Hours
April 05, 2020  |  B2B Payments

Banks were supposed to start taking applications for the Paycheck Protection Program (PPP) on Friday (April 3), but among the bigger U.S. lenders, only Bank...

READ MORE >
Bumpy First Days As Banks Grapple With SMB PPP Demand
Bumpy First Days As Banks Grapple With SMB PPP Demand
April 05, 2020  |  Loans

Call it a bumpy beginning — and that’s a charitable statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >