loans

CFPB Finds Failures in Loan Collection and Medical Credit Cards

CFPB Finds Failures in Loan Collection and Medical Credit Cards
CFPB Finds Failures in Loan Collection and Medical Credit Cards
July 02, 2024  |  CFPB

The companies collecting Americans’ student loans, auto loans and medical payments have some work to do. Get the Full Story Complete the form to unlock...

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State Bank of India Launches Web-Based Invoice Financing Solution
State Bank of India Launches Web-Based Invoice Financing Solution
July 01, 2024  |  B2B Payments

The State Bank of India reportedly launched a web-based invoice financing solution for microbusinesses and small- to medium-sized businesses (SMBs). Get the Full Story Complete...

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Following Court Orders, CFPB Extends Small Business Lending Rule Deadlines
Following Court Orders, CFPB Extends Small Business Lending Rule Deadlines
June 25, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has extended the compliance dates for its small business lending rule pursuant to court orders. Get the Full Story Complete the...

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FundPark Gets $250 Million for Chinese Working Capital Projects
FundPark Gets $250 Million for Chinese Working Capital Projects
June 25, 2024  |  Startups

Hong Kong-based FinTech FundPark reportedly obtained a $250 million private loan led by HSBC. Get the Full Story Complete the form to unlock this article...

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Nonbanks, Systemic Risks Highlight Need for ‘Know Your Business’ Due Diligence
Nonbanks, Systemic Risks Highlight Need for ‘Know Your Business’ Due Diligence
June 20, 2024  |  Authentication

For banks, forging partnerships with nonbanks and FinTechs has been a key way to capitalize on growth opportunities in private credit. Get the Full Story...

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Kapitus Raises $45 Million to Expand Small Business Financing Options
Kapitus Raises $45 Million to Expand Small Business Financing Options
June 18, 2024  |  Investments

Kapitus has closed a $45 million investment-grade corporate note financing and will use the proceeds to expand its financing options for small businesses. Get the...

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Nonbank Lenders Pose Risks to Traditional Banks as Private Credit Surges
Nonbank Lenders Pose Risks to Traditional Banks as Private Credit Surges
June 18, 2024  |  Banking

Coming into 2024, PYMNTS spotlighted the appeal of private credit, also known as private debt, issued to corporates, and which offered up, and still offers,...

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Lending Platform Momnt Promotes Chris Bracken to CEO
Lending Platform Momnt Promotes Chris Bracken to CEO
June 17, 2024  |  Personnel

Embedded lending platform Momnt has a new chief executive officer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Former Visa CEO Carl Pascarella Talks the Future of Credit
Former Visa CEO Carl Pascarella Talks the Future of Credit
June 14, 2024  |  Loans

When it comes to financial technology and payments modernization, there’s nothing like a seasoned veteran of the business for some perspective. Carl Pascarella, former CEO...

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