loans

U.S. Treasury Injects $9 Billion Into Minority And Community Lenders

U.S. Treasury Injects $9 Billion Into Minority And Community Lenders
U.S. Treasury Injects $9 Billion Into Minority And Community Lenders
March 04, 2021  |  Loans

The U.S. Department of the Treasury has announced that a new program intending to help out with access to capital in communities that have traditionally...

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Monthly New Car Loan Payments Hit Record High Of Nearly $600
Monthly New Car Loan Payments Hit Record High Of Nearly $600
March 04, 2021  |  Loans

Loan payments for new cars escalated to record highs, closing in on $600 per month, CNBC reported on Thursday (March 4), citing data from the...

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Today In Digital-First Banking: Plaid Rolls Out Income Verification Tool; Revolut Grows To Additional European Nations
Today In Digital-First Banking: Plaid Rolls Out Income Verification Tool; Revolut Grows To Additional European...
March 04, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Plaid is introducing Plaid Income in an effort to streamline the income verification process, while Revolut Bank has...

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Plaid Launches New Tool To Streamline Income Verification
Plaid Launches New Tool To Streamline Income Verification
March 04, 2021  |  Digital Banking

FinTech startup Plaid is introducing Plaid Income, a product intended to streamline the income verification process, making it easier for consumers to get loans, rent...

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Report: Ant Seeks To Shore Up Consumer Finance Unit’s Funding
Report: Ant Seeks To Shore Up Consumer Finance Unit’s Funding
February 26, 2021  |  International

As it gets ready to fold in its micro-lending operations, Ant Group is in discussions with other backers in its new consumer finance unit to...

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FinTechs Find Lending’s ‘Atomic Data Points’ In Emerging Markets
FinTechs Find Lending’s ‘Atomic Data Points’ In Emerging Markets
February 26, 2021  |  Loans

In emerging markets, individuals and businesses have pivoted into the digital age because, simply put, they’ve had to. Get the Full Story Complete the form...

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New PPP Round Finally Gets Around To Gig Workers And More SMBs 
New PPP Round Finally Gets Around To Gig Workers And More SMBs 
February 25, 2021  |  Loans

Another round of Paycheck Protection Program (PPP) funds is readying to hit the bank accounts of small business owners, this time slightly modified from the...

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FDIC: Bank Profits Dropped 36.5 Pct In 2020
FDIC: Bank Profits Dropped 36.5 Pct In 2020
February 23, 2021  |  Banking

U.S. bank profits fell 36.5 percent in 2020 compared to the previous year due to the large volume of money set aside to cover potential...

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OnDeck Teams With HomeAdvisor On SMB Financing
OnDeck Teams With HomeAdvisor On SMB Financing
February 22, 2021  |  B2B Payments

OnDeck, an Enova International brand, has collaborated with HomeAdvisor to help businesses and tradespeople on the HomeAdvisor platform to access financing, according to a Monday...

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