loans

Barclays Rivals Goldman’s Marcus With Digital Bank
Barclays Rivals Goldman’s Marcus With Digital Bank
October 15, 2018  |  Digital Banking

Barclays is ready to offer U.S. consumers a low-cost, digital-only bank that will directly compete with Goldman Sachs‘s Marcus brand. Barry Rodrigues, CEO of cards and...

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Wells Fargo’s Q3 Beats On Revenues, Falls Short On Earnings
Wells Fargo’s Q3 Beats On Revenues, Falls Short On Earnings
October 12, 2018  |  Earnings

As Wells Fargo seeks to cut costs while retooling its business for the age of digital banking, the company reported slightly better than expected revenues,...

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Citigroup Beats Earnings Expectations, But Misses On Revenue
Citigroup Beats Earnings Expectations, But Misses On Revenue
October 12, 2018  |  Earnings

It was a better than expected showing when Citibank reported, with earnings coming in stronger than anticipated, buttressed by a lower corporate tax rate. According...

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Will Risky Supplier Financing Light The $1.3T Debt Bomb’s Fuse?
Will Risky Supplier Financing Light The $1.3T Debt Bomb’s Fuse?
October 12, 2018  |  Debt

Stock markets around the globe seem to be in freefall. Interest rates are marching higher. Sears, at least at the time this article, is prepping for...

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Funding Circle Links Data To Analytics Platform dv01
Funding Circle Links Data To Analytics Platform dv01
October 11, 2018  |  B2B Payments

Alternative small business finance firm Funding Circle has signed on to provide data to dv01, a reporting and analytics platform focused on boosting transparency in...

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CFOs Brace For Loan Disruption Amid Accounting Changes
CFOs Brace For Loan Disruption Amid Accounting Changes
October 11, 2018  |  B2B Payments

Corporates are gearing up to manage a whole slew of accounting standards changes in the coming years, but one of the more immediate effects involves how...

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Rate Hikes Hint At Credit-Card Debt Trap
Rate Hikes Hint At Credit-Card Debt Trap
October 10, 2018  |  Economy

Now, it seems, interest rates have garnered some, well, interest. It has been barely a week since the Federal Reserve boosted interest rates by a...

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RBS Chief: Lack Of Regulation Allowed Bank’s SMB Mistreatment
RBS Chief: Lack Of Regulation Allowed Bank’s SMB Mistreatment
October 09, 2018  |  B2B Payments

The Royal Bank of Scotland‘s (RBS’) chief executive is calling on U.K. regulators to introduce stricter small business (SMB) lending regulations, claiming that lax regulatory...

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National Funding Explores AltFin’s Uncertain Growth Trajectory
National Funding Explores AltFin’s Uncertain Growth Trajectory
October 09, 2018  |  B2B Payments

The alternative finance boom post-2008 financial crisis undoubtedly provided more options for small business (SMB) borrowers, but that doesn’t mean the industry is guaranteed to...

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