As stimulus checks and tax breaks were sent out to individuals and families throughout the pandemic, consumers banked the payments. And that swelled deposits at credit unions. Denise Stevens, SVP, chief product and digital officer for PSCU, told PYMNTS CEO Karen Webster that, increasingly, CUs...
Call it a crisis that crosses the pond, will last into 2020 and, likely, beyond. Looking past the cheerful numbers tied to holiday shopping and the tens of billions of dollars spent on Black Friday, Cyber Monday and into Christmas, the decline of retail, at...
As banks continue to shy away from providing small business loans, many small and medium-sized business (SMB) owners have turned to online lending companies to fill the gap. SMB digital loan applications increased 19 percent year over year, according to The Wall Street Journal. However,...
Alternative small business lender Fundation has struck a new partnership with another financial institution, the company revealed Wednesday (Jan. 23). In a press release, Fundation said it is collaborating with Banc of California to develop a streamlined, digital small business lending and line of credit...
May 05, 2022
As stimulus checks and tax breaks were sent out to individuals and families throughout the pandemic, consumers banked the payments. And that swelled deposits at credit unions. Denise Stevens, SVP, chief product and digital officer for PSCU, told PYMNTS CEO Karen Webster that, increasingly, CUs want to branch out into lending to compete with their […]
April 09, 2018
Kabbage will announce today that its business customers will now get instant loan proceeds via a partnership with Ingo Money. Lisa McFarland, EVP and chief product officer at Ingo Money,...
May 23, 2022
The State Bank of India (SBI) has announced that its personal loan product for salaried customers, called Real-Time Xpress Credit (RTXC), will be available through its YONO bank app, a report from IBS Intelligence said Monday (May 23). Customers will be able to access RTXC from anywhere, the report said. The service will be 100% […]
December 30, 2019
As banks continue to shy away from providing small business loans, many small and medium-sized business (SMB) owners have turned to online lending companies to fill the gap. SMB digital...
