loans

China’s Ant Group Mulling Creation Of New Consumer Loan Unit

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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Loans By Smartphones Rate In New Provider Ranking Of Personal Loan Apps
Loans By Smartphones Rate In New Provider Ranking Of Personal Loan Apps
January 06, 2021  |  Mobile Applications

When applying for a personal loan, we like the process to be brief, efficient, no suspense. Get the Full Story Complete the form to unlock...

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Supply Chain Finance Firms Could See Spike In Defaults In Europe
Supply Chain Finance Firms Could See Spike In Defaults In Europe
January 06, 2021  |  B2B Payments

As a leading European watchdog debuts more stringent standards, the financial institutions (FIs) that help support the continent’s supply chains are set to encounter a...

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Today In Digital-First Banking: OCC OKs Stablecoins, INVNs For Banks; States Sue Banking Watchdog Over ‘True Lender’ Regulation
Today In Digital-First Banking: OCC OKs Stablecoins, INVNs For Banks; States Sue Banking Watchdog Over...
January 06, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, the Office of the Comptroller of Currency (OCC) has OK’d independent node verification networks (INVNs) and stablecoins for...

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Amazon Creates $2 Billion Housing Fund Targeting Its Top Locations
Amazon Creates $2 Billion Housing Fund Targeting Its Top Locations
January 06, 2021  |  Amazon

Amazon has launched a new Housing Equity Fund, bankrolled by more than $2 billion, “to preserve and create 20,000 affordable housing units” in areas the...

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Several US States Sue Banking Regulator Over ‘True Lender’ Rule
Several US States Sue Banking Regulator Over ‘True Lender’ Rule
January 06, 2021  |  Loans

Washington D.C. joined seven states in suing a bank regulator over a rule they fear could encourage predatory lending by stopping them from leveling state...

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Chinese Government Asks Ant Group To Share Consumer Data
Chinese Government Asks Ant Group To Share Consumer Data
January 06, 2021  |  International

Chinese regulators want billionaire Jack Ma to share consumer-credit data collected from his financial technology company Ant Group, which he’s largely resisted doing for years, The Wall Street...

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Opportunity Fund Teams With CUs For SMB Lending Campaign
Opportunity Fund Teams With CUs For SMB Lending Campaign
January 05, 2021  |  B2B Payments

Longtime small business microlender Opportunity Fund is teaming up with a trio of credit unions (CUs) as part of the nonprofit’s bid to invest $1...

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