Dozens of companies sought and received federal assistance through the Payroll Protection Program (PPP) that Congress created to help small businesses survive COVID-19 shutdowns, and...
The U.S. Department of Justice is conducting a civil probe into whether some FinTechs distributing federal Payroll Protection Program relief botched loan sizes, Reuters reported,...
The U.S. saw 10 bankruptcy filings by large corporates with at least $50 million in liabilities in April, but that’s almost 50 percent lower than...
Banks have softened standards for household and commercial loans in the first quarter of 2021, following a year-long trend of tightening due to the economic...
U.K. banks are bracing for an avalanche of requests by businesses to extend terms for the Bounce Back Loan Scheme (BBLS), designed to provide quick...
Virgin Money is collaborating with FinTech Trade Ledger as it keeps developing its corporate banking offering, according to a Thursday (April 29) announcement. Get the...
In today’s top news in digital-first banking, LendingClub reported that loan originations grew by 63 percent quarter over quarter, while U.S. Bank is rolling out...
LendingClub reported Wednesday (April 28) as part of its first quarter earnings results that loan originations climbed 63 percent quarter over quarter, according to an...
Experian unveiled the Ascend Commercial Suite, which is targeted toward financial institutions focused on business lending and insurance carriers, according to a Thursday (April 27)...