loans

Community Banks Get SMB Leg Up With FinTech Lending Platform

Community Banks Get SMB Leg Up With FinTech Lending Platform
Community Banks Get SMB Leg Up With FinTech Lending Platform
September 29, 2022  |  Loans

One doesn’t build a FinTech in New Zealand — with a population of five million souls and a bit more than half a million SMBs...

READ MORE >
Mollie Launches Capital Division to Help SMBs Tap Funding
Mollie Launches Capital Division to Help SMBs Tap Funding
September 27, 2022  |  Loans

Payment service provider Mollie is launching a capital division to make it easier for small and medium-sized businesses (SMBs) to gain broader access to fast...

READ MORE >
Fitch Says Bond Buy Won’t Lower El Salvador’s Default Risk
Fitch Says Bond Buy Won’t Lower El Salvador’s Default Risk
September 23, 2022  |  Cryptocurrency

El Salvador has repurchased more than $500 million of its bonds at a huge discount, but that may not lessen its risk of a default...

READ MORE >
Citi to Cut Lending to Private Equity Firms
Citi to Cut Lending to Private Equity Firms
September 23, 2022  |  Bank Regulation

Citigroup is undertaking drastic cutbacks on the amount of money it lends to private equity firms and other asset managers as big banks try to...

READ MORE >
KeyBank Partners with Oracle to Digitize Consumer Lending Process
KeyBank Partners with Oracle to Digitize Consumer Lending Process
September 21, 2022  |  Loans

KeyBank can now service loans in real-time, including application, payments and collections, after partnering with Oracle to update and digitize its non-real estate consumer lending...

READ MORE >
UK Public Sector Workers Turn to BNPL Amid Real-Terms Wage Cuts
UK Public Sector Workers Turn to BNPL Amid Real-Terms Wage Cuts
September 21, 2022  |  Buy Now Pay Later

With struggling with soaring inflation and a cost-of-living crisis that is gripping the nation, public sector workers in the U.K. are feeling the pinch. Get...

READ MORE >
Card Issuers See Upswing in Borrowing
Card Issuers See Upswing in Borrowing
September 18, 2022  |  Credit Cards

Consumers unleashed from COVID-19 restrictions and confronting inflation-boosted prices are back to using their credit cards near pre-pandemic levels, Seeking Alpha reported Sunday (Sept. 18)....

READ MORE >
Banking Platform Oportun Gains $150M Secured Loan From Neuberger Berman
Banking Platform Oportun Gains $150M Secured Loan From Neuberger Berman
September 16, 2022  |  Loans

Mission-driven FinTech and digital banking platform Oportun Financial Corporation closed a $150 million senior secured term loan from funds managed or sub-advised by Neuberger Berman Specialty Finance. Get the...

READ MORE >
PSCU’s TriVerity Launches Tool for Indirect Credit Bureau Disputes
PSCU’s TriVerity Launches Tool for Indirect Credit Bureau Disputes
September 14, 2022  |  Credit Unions

PSCU company TriVerity is introducing a new solution to handle all aspects of timely indirect credit bureau tradeline dispute investigations and responding to automated credit...

READ MORE >