loans

Gensler: SEC Wants to Register Crypto Lenders

Gensler: SEC Wants to Register Crypto Lenders
Gensler: SEC Wants to Register Crypto Lenders
July 21, 2022  |  Cryptocurrency

If crypto lenders operate more like investment firms, they need to be registered as such, the head of the U.S. Securities and Exchange Commission (SEC)...

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42% of Consumers Would Switch Banks to Get Bundled Banking Products
42% of Consumers Would Switch Banks to Get Bundled Banking Products
July 20, 2022  |  Banking

Consumers’ desire for banking convenience has spurred their interest in bundled banking services. In fact, many consumers are willing to leave banks that fail to...

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Loan Loss Reserves Creep Up at Cautious Wells and Citi
Loan Loss Reserves Creep Up at Cautious Wells and Citi
July 15, 2022  |  Digital-First Banking

The banks see strength — in consumer spending, debit, credit and in a recession that may prove short-lived. Get the Full Story Complete the form...

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Today in the Connected Economy: JPMorgan’s Forecast Uncertain
Today in the Connected Economy: JPMorgan’s Forecast Uncertain
July 14, 2022  |  Connected Economy

Today in the connected economy, J.P. Morgan Chase reserves $428 million in additional funds to cover bad loans while posting a 28% drop in profits....

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JPMorgan Says US Consumer in ‘Great Shape’ but Macro Is Deteriorating
JPMorgan Says US Consumer in ‘Great Shape’ but Macro Is Deteriorating
July 14, 2022  |  Earnings

Reports of the death of consumer spending are greatly exaggerated — at least from the point of view of the nation’s largest lender, J.P. Morgan...

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Pod Foods Launches Financing Tool for Emerging Brands
Pod Foods Launches Financing Tool for Emerging Brands
July 14, 2022  |  Investments

Logistics-equipped wholesale B2B grocery marketplace Pod Foods has debuted Pod Foods Capital, a financing tool for emerging brands that need help gaining access to capital,...

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TurnKey Lender Raises $10M, Names Board Chair
TurnKey Lender Raises $10M, Names Board Chair
July 14, 2022  |  B2B Payments

B2B Software-as-a-Service (SaaS) company TurnKey Lender announced Thursday (July 14) it had raised $10 million in new funding and appointed a new board chairman. Get...

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Vehicle Financing Firm Moove Raises $20M
Vehicle Financing Firm Moove Raises $20M
July 14, 2022  |  Investments

South African mobility FinTech Moove has raised $20 million in financing from Absa Corporate and Investment Banking (CIB), the Johannesburg company announced Thursday (July 14)....

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Cross River Teams With SmartBiz on SMB Financing
Cross River Teams With SmartBiz on SMB Financing
July 12, 2022  |  SMBs

Small business-focused artificial intelligence (AI)-powered financing platform SmartBiz has teamed up with financial services company Cross River to help more small businesses across the U.S....

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