February 06, 2024
BAFS Commercial Platform Aims to Connect Borrowers and Lenders
BAFS (Business Alliance Financial Services) has debuted a platform to connect commercial lenders with borrowers. The Louisiana company’s Borrower Portal, announced Tuesday (Feb. 6), lets borrowers input loan request information, upload documents,...
February 05, 2024
Can Fleet Management Serve as Beacon for Platformization of Connected...
Bit by bit the smokestack economy — and the subsets thereof — come online, go digital, find new ways to connect stakeholders. And as counterintuitive as it might seem, fleet...
February 05, 2024
As Banks Tighten Lending, Are Private and Alternative Credit Channels...
The banks continue to tighten, the traditional channels are tougher to navigate in the commercial lending space. And against a backdrop where smaller firms are still seeking credit as we...
February 05, 2024
Banks Report Tighter Standards, Lower Demand for Lending in Q4
Banks tightened their standards on loans to both businesses and households in the fourth quarter. They also saw lower demand for lending during that period, the Federal Reserve reported Monday (Feb. 5). “While...
February 04, 2024
Ripple Prepares to Expand Payments Business in US
Ripple says it’s planning to expand its payments business in the U.S. Right now, 90% of the blockchain company’s business is based outside the U.S., Ripple senior director and head...
February 01, 2024
How GenAI Is Transforming Financial Services Through ‘Hyper-Personalization’
Michael Haney, head of product strategy at Galileo Financial Technologies, said machine learning combined with the rise of generative artificial intelligence will usher in a new era of back-office productivity...
January 31, 2024
Tether Says USDT Market Cap Climbs Toward $100 Billion
Tether, issuer of USDT stablecoin, says its flagship digital asset is worth nearly $100 billion. The company on Wednesday (Jan. 31) released earnings showing that it saw a “record-breaking” $2.85 billion...
January 30, 2024
New Report Examines Impact of Cross-Border Payments on Business Growth
In an era of disruptive technologies, cross-border payments are quietly undergoing a revolution. The emerging paradigm centers around cost-effective, real-time payment options with maximum visibility for both sender and receiver....
January 29, 2024
BNY Mellon Unveils Cash Management Solution for Treasury Services Clients
BNY Mellon has unveiled its new cash management solution, called Virtual Account-Based Solutions. This offering aims to provide clients with enhanced access and control over their cash administration activities and...
