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Digital Lending Platform Numerated Adds Automated Lending Features

Digital Lending Platform Numerated Adds Automated Lending Features
Digital Lending Platform Numerated Adds Automated Lending Features
August 04, 2021  |  Loans

Numerated, a four-year-old FinTech digital lending platform, has added new features to automate processes for business lending products, the company announced on Wednesday (Aug. 4)....

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NY Fed: Household Debt Nears $15T Amid Rise In Mortgage, Auto Loan Originations
NY Fed: Household Debt Nears $15T Amid Rise In Mortgage, Auto Loan Originations
August 03, 2021  |  Debt

Household debt increased by $313 billion (2.1 percent) in the second quarter of 2021, hitting a total of $14.96 trillion, according to information from the...

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Study: Hard-Hit SMBs See Value In Innovation But Still Struggle To Get Funding
Study: Hard-Hit SMBs See Value In Innovation But Still Struggle To Get Funding
August 03, 2021  |  SMBs

Some 45 percent of Main Street small and medium-sized businesses (SMBs) expect revenues to increase this year, according to PYMNTS data from earlier this summer,...

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SBA Takes Over PPP Loan Forgiveness
SBA Takes Over PPP Loan Forgiveness
August 02, 2021  |  B2B Payments

The federal Small Business Administration is relieving banks of the work of reviewing applications for forgiveness of some government Paycheck Protection Program loans they made...

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Data And The Cloud Helps Mid-Market Banks ‘Punch Above Their Weight’ In Consumer Lending
Data And The Cloud Helps Mid-Market Banks ‘Punch Above Their Weight’ In Consumer Lending
July 29, 2021  |  IPO

As economies roar back, as consumers shift from debit toward credit again, greenfield opportunities exist for all types of lenders to meet pent up demand...

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CFPB: Credit Applications Returning To Pre-Pandemic Levels
CFPB: Credit Applications Returning To Pre-Pandemic Levels
July 28, 2021  |  Loans

Consumer applications for mortgages, car loans and revolving credit cards had essentially returned to pre-pandemic levels by May, a new report from the Consumer Financial...

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The Future Of Payments And Banking: Moving Beyond The Branch Experience
The Future Of Payments And Banking: Moving Beyond The Branch Experience
July 27, 2021  |  Digital Banking

In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look...

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Fed To Discuss Cutting Back On Low Interest Rates Amid COVID-19 Surge, Inflation
Fed To Discuss Cutting Back On Low Interest Rates Amid COVID-19 Surge, Inflation
July 26, 2021  |  Economy

The Federal Reserve is planning to meet this week to discuss when and how it will scale back its low pandemic interest rates, given the...

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BNPL And New Ways Of Financing Are Challenging Old Ways Of Calculating Creditworthiness
BNPL And New Ways Of Financing Are Challenging Old Ways Of Calculating Creditworthiness
July 25, 2021  |  credit frictions

For decades, the FICO score has been the most influential tool in the financial services marketplace. It has stood above all others as the independent...

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