loans

FTC Fines Credit Karma $3M for False Pre-Approvals

FTC Fines Credit Karma $3M for False Pre-Approvals
FTC Fines Credit Karma $3M for False Pre-Approvals
September 01, 2022  |  Legal

The Federal Trade Commission (FTC) says it has ordered personal finance company Credit Karma to pay a $3 million penalty for telling consumers they were...

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Indian FinTech EarlySalary Closes on $110M for Expansion
Indian FinTech EarlySalary Closes on $110M for Expansion
August 30, 2022  |  Investments

FinTech consumer lender EarlySalary raised $110 million in a Series D funding round, the largest amount the startup raised since it was founded in Pune, India in...

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Highline Teams With Argyle to Drive Payroll-Linked Lending
Highline Teams With Argyle to Drive Payroll-Linked Lending
August 29, 2022  |  Loans

Payments FinTech Highline Technologies is partnering with employment data platform Argyle to bring payroll-linked lending and bill pay capabilities to lenders across the U.S. Get the Full Story Complete...

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Secret Service Recovers $286M in COVID Aid Stolen by ID Fraud
Secret Service Recovers $286M in COVID Aid Stolen by ID Fraud
August 28, 2022  |  Security & Fraud

The Secret Service has reportedly recovered $286 million in COVID-19 relief funds that had been obtained illegally by people using fake identities. Get the Full...

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FTC Warns Public About Student Loan Forgiveness, Payment Pause Scams
FTC Warns Public About Student Loan Forgiveness, Payment Pause Scams
August 26, 2022  |  Security & Fraud

The federal government’s plan to forgive some student loans isn’t up and running yet, but it’s certainly been getting a lot of coverage in the...

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Bunq’s CapitalFlow Picks Up $10M for Green Financing
Bunq’s CapitalFlow Picks Up $10M for Green Financing
August 26, 2022  |  Investments

Ireland-based Capitalflow Group, owned by neobank Bunq, has secured 10 million euros (about $10 million) from the low-cost Energy Efficiency Loan Scheme (EELS) of the...

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Amazon, Flipkart Lobby Against India’s Digital Lending Rules
Amazon, Flipkart Lobby Against India’s Digital Lending Rules
August 26, 2022  |  Regulation

Companies have begun to lobby against India’s new digital lending rules after the regulations interrupted card services and put Amazon loan offerings in peril. Get...

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Digital Marketplaces Tackle 3,000 Years of Agribusiness Inertia
Digital Marketplaces Tackle 3,000 Years of Agribusiness Inertia
August 25, 2022  |  B2B Payments

For more than 3,000 years, the agriculture industry has been doing business manually. It started with stone tablets and still clings to last millennium’s paper...

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Student Loan Forgiveness Offers Cash-Strapped Consumers Breathing Room
Student Loan Forgiveness Offers Cash-Strapped Consumers Breathing Room
August 24, 2022  |  Loans

The cancellation of student debt may be a bit of a political football. Some opponents argue that the debt should not be cancelled, as the...

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