loans

Eight UK Credit Unions Went Out Of Business In 2018

Eight UK Credit Unions Went Out Of Business In 2018
Eight UK Credit Unions Went Out Of Business In 2018
December 26, 2018  |  Loans

Largely hailed as safe alternatives to payday loan firms, credit unions in the U.K. are shuttering at the fastest tempo in years, amid fears that...

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gpi Makes SWIFT Cross-Border Gains
gpi Makes SWIFT Cross-Border Gains
December 20, 2018  |  B2B Payments

SWIFT has noted that gpi payments make up more than half of its cross-border traffic. The Fed sees marquee tech names pushing for faster payments,...

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China Institutes New Policy To Boost Small Firm Lending
China Institutes New Policy To Boost Small Firm Lending
December 19, 2018  |  Loans

Faced with a slowing economy and a trade dispute with the U.S., China’s central bank on Wednesday (Dec. 19) announced a new policy tool aimed...

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Rising Interest Rates Put Dent In Small Bank Deposits
Rising Interest Rates Put Dent In Small Bank Deposits
December 17, 2018  |  Loans

Smaller banks around the country are feeling the pinch as rising interest rates keep earnings static on loans and customers want more interest on their...

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Rising Delinquency Rates Dampen Reports Of Stronger Business Performance
Rising Delinquency Rates Dampen Reports Of Stronger Business Performance
December 17, 2018  |  B2B Payments

There is a lot to be optimistic about for U.S. businesses. A strengthening economy and forecasts of new revenue heights have corporates large and small looking...

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Consumer Credit Originations Poised For More Growth In 2019
Consumer Credit Originations Poised For More Growth In 2019
December 12, 2018  |  Loans

Thanks to low unemployment, growth in GDP and real disposable income, TransUnion forecasted that consumer credit originations and consumer balances will increase in 2019 for...

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Ex-Fed Chief Yellen: Deregulation Risks ‘Gigantic Holes’ In Financial Systems   
Ex-Fed Chief Yellen: Deregulation Risks ‘Gigantic Holes’ In Financial Systems  
December 12, 2018  |  Economy

Can it happen again? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Lawmakers Want To Outlaw SMB ‘Confession Loans’
Lawmakers Want To Outlaw SMB ‘Confession Loans’
December 06, 2018  |  Bank Regulation

U.S. Senators Sherrod Brown and Marco Rubio have called for a ban on confessions of judgement, a tactic predatory lenders use to make borrowers forfeit...

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Bitcoin Daily: Ripple XRP Added To KuCoin; GM Unveils Autonomous Car Blockchain Patent
Bitcoin Daily: Ripple XRP Added To KuCoin; GM Unveils Autonomous Car Blockchain Patent
December 04, 2018  |  Bitcoin

KuCoin, a digital currency exchange based in Singapore, has rolled out support for the trading of the Ripple XRP cryptocurrency, Cryptovest reported. The platform now...

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