credit

CRIF Realtime Launches Tools For SMBs To Calculate Coronavirus Risks

CRIF Realtime Launches Tools For SMBs To Calculate Coronavirus Risks
CRIF Realtime Launches Tools For SMBs To Calculate Coronavirus Risks
April 23, 2020  |  B2B Payments

To help small- to medium-sized businesses (SMBs) in the U.K. struggling because of the coronavirus pandemic, CRIF Realtime is rolling out a new array of...

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CUs Saw Overall Credit Spending Drop 31.3 Pct in YOY Weekly Data, PSCU Says
CUs Saw Overall Credit Spending Drop 31.3 Pct in YOY Weekly Data, PSCU Says
April 21, 2020  |  Credit Unions

Credit union service organization PSCU has updated its weekly transaction analysis from Owner credit union members to reflect the impact of the coronavirus, finding that...

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Office Depot Refinances Credit Facility, Retires Term Loan
Office Depot Refinances Credit Facility, Retires Term Loan
April 20, 2020  |  Retail

In an effort to streamline its capital structure, Office Depot has refinanced its current asset-based credit facility with a new five-year arrangement and has retired...

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Consumers Pay Down Credit Card Debt As Businesses Ramp It Up
Consumers Pay Down Credit Card Debt As Businesses Ramp It Up
April 19, 2020  |  Economy

As the coronavirus pandemic continues, a sharp difference emerges between the ways consumers and businesses are dealing with credit: Consumers are spending less and have...

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Trend Talk: FIs And FinTechs Can Operationalize Aid Fast, Get Liquidity Flowing
Trend Talk: FIs And FinTechs Can Operationalize Aid Fast, Get Liquidity Flowing
April 10, 2020  |  Banking

Contradiction, confusion and, glaringly, the absence of promised government cash has intensified the crisis now gripping American businesses, from Main Street to Wall Street. Get...

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Afterpay CEO On The Obstacles And Opportunities Growing Into The U.S. Market
Afterpay CEO On The Obstacles And Opportunities Growing Into The U.S. Market
April 07, 2020  |  Buy Now Pay Later

While installment loan products were not quite unheard of in the U.S. five or six years ago, they were quite rare. At that time, the...

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SMBs Accuse Kabbage Of Abruptly Canceling Credit
SMBs Accuse Kabbage Of Abruptly Canceling Credit
April 02, 2020  |  B2B Payments

Amid a climate in which cash needs are on the rise, it’s been reported that Kabbage Inc. has abruptly cut off credit to small business...

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New Data: SMBs Shift COVID Cash Flow Challenges To Their Workforce
New Data: SMBs Shift COVID Cash Flow Challenges To Their Workforce
April 02, 2020  |  Coronavirus

The coronavirus pandemic is advancing, wreaking havoc on U.S. citizens and the economy. Get the Full Story Complete the form to unlock this article and...

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US Eases New Banking Rule On Reporting Bad Loans
US Eases New Banking Rule On Reporting Bad Loans
March 30, 2020  |  Banking

Bank regulators have rolled back the Jan. 1 accounting standard known as “current expected credit loss” (CECL) in an effort to bolster loans in the...

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