loans

Day 1 Dawns For SMBs With PPP2

Day 1 Dawns For SMBs With PPP2
Day 1 Dawns For SMBs With PPP2
January 11, 2021  |  Loans

Two weeks after its 11th-hour passage by Congress, the second round of the Paycheck Protection Program (PPP) administered by the Small Business Administration has begun...

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China Tightens Scrutiny Of Consumer Lending By Tech Giants
China Tightens Scrutiny Of Consumer Lending By Tech Giants
January 11, 2021  |  Bank Regulation

Ant Group, Tencent and JD.com are facing a crackdown by Beijing over concerns of over-lending to consumers through their platforms, a major cash cow for...

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Today In B2B: SBA Releases New PPP Loan Guidance; xSuite Secures Peppol Certification
Today In B2B: SBA Releases New PPP Loan Guidance; xSuite Secures Peppol Certification
January 11, 2021  |  B2B Payments

Today in B2B payments, the SBA releases guidance for the next round of PPP loans, while xSuite secures Peppol invoice certification. Plus, TripActions announces ERP...

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SBA Unveils Guidance For Second Round Of PPP Loans
SBA Unveils Guidance For Second Round Of PPP Loans
January 08, 2021  |  Loans

The Small Business Administration (SBA) has released guidance on applying for the second round of loans being offered under the Paycheck Protection Program (PPP), which...

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PPP Round Two: Small Business Administration Unveils Rules For $284.5 Billion Stimulus Program 
PPP Round Two: Small Business Administration Unveils Rules For $284.5 Billion Stimulus Program 
January 08, 2021  |  Loans

The U.S. government has unveiled rules for the new $284.5 billion round of its popular Paycheck Protection Program (PPP), which should begin accepting applications soon....

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SMBs (And Their Lenders) Rethink Their Financing Strategy
SMBs (And Their Lenders) Rethink Their Financing Strategy
January 08, 2021  |  B2B Payments

There’s no doubt that the small business community is facing a period of immense tribulation. In addition to navigating forced shutdowns and supply chain disruptions,...

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SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket
SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket
January 07, 2021  |  IPO

Online FinTech startup SoFi announced Thursday (Jan. 7) that it was merging with publicly-traded Social Capital in an $8.6 billion deal that brings it instant liquidity...

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China’s Ant Group Mulling Creation Of New Consumer Loan Unit
China’s Ant Group Mulling Creation Of New Consumer Loan Unit
January 07, 2021  |  International

China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while...

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Optimizing Data To Unlock Trade Finance Collaboration
Optimizing Data To Unlock Trade Finance Collaboration
January 07, 2021  |  B2B Payments

Well before the coronavirus crisis hit, businesses — particularly small and medium-sized enterprises (SMEs) — were faced with a whopping $1.5 trillion gap in available...

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