The threat that is alternative lending is no more, according to a new report by Deloitte. The firm published a paper on the marketplace lending industry this week following a rocky month for the sector — the sudden exit of Lending Club’s CEO sent stocks tumbling....
TSYS is fueling the adoption of digital payments among corporates with its latest offering, announced on Monday (May 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Barclays recently announced the companies picked for its Tel Aviv accelerator program, according to reports, and while officials at the banks touted a focus on payments security, the bank has also targeted corporate payments in its startup batch. Get the Full Story Complete the form...
Bank loans to small and medium-sized enterprises in the U.K. are dropping by nearly $145 million every month, according to new analysis from online marketplace lending site Funding Options. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The newest of new businesses — just trying to get off the ground — need access to capital. The big bank spigot is closed, and many online lenders are finding it rough sledding amid regulatory scrutiny. But New Business Funders CEO Troy Bohlke sees promise...
Banks may not always be up for overhauling their operations with a largely untested, disruptive technology, but new reports suggest the threat of fraud in one area of corporate finance is encouraging financial institutions to adopt distributed ledger technology in growing volumes. Get the Full...
In business, not everything is in black and white. While there is technology to heighten transparency of business processes like cash flow, FX risk and other financial aspects of the job, the accuracy, accessibility and actual use of those tools is far from a sure...
The head of Barclays’ corporate banking has announced plans for his resignation. Reports on Thursday (May 19) said John Winter announced his retirement and plans to exit his post at the end of the month. The news comes as Barclays Chief Executive Officer Jes Staley...
Earlier this month, New Business Funders entered the alternative business lending space, launching a solution to help startups access financing when they can’t get a bank loan. The news raised some eyebrows, especially as the largely unregulated market of marketplace lending took a hit thanks to...