loans

China to Send Banks Money for SMB Aid

China to Send Banks Money for SMB Aid
China to Send Banks Money for SMB Aid
September 01, 2021  |  Loans

China’s central bank is planning to provide 300 billion yuan, or $46.4 billion, in low-cost funding to aid banks in providing support for small- and...

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Banks Loosen Lending Standards in Race to Loan Money
Banks Loosen Lending Standards in Race to Loan Money
August 30, 2021  |  Loans

Banks sitting on piles of cash are quickly easing lending standards for both consumers and small businesses in the second quarter as competition to extend...

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Mastercard’s Finicity Adds Automation To Loan Origination Software
Mastercard’s Finicity Adds Automation To Loan Origination Software
August 26, 2021  |  Loans

Mastercard FinTech company Finicity on Thursday (Aug. 26) announced an expansion of its one-touch mortgage verification service, which will now be integrated into ICE Mortgage...

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Report: US Institutions Back Loans For Women, SMBs In India
Report: US Institutions Back Loans For Women, SMBs In India
August 22, 2021  |  B2B Payments

The U.S. Agency for International Development and U.S. International Development Finance Corp. are jointly offering $50 million in guarantees to a portfolio of loans India’s...

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Facebook Launches SMB Loan Program With India’s Indifi 
Facebook Launches SMB Loan Program With India’s Indifi 
August 20, 2021  |  SMBs

Facebook is teaming up with Indifi, an online lender in India, as part of a larger initiative to bring on more local businesses as advertisers,...

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Wells Fargo Backtracks, Will Keep Existing Personal Credit Lines
Wells Fargo Backtracks, Will Keep Existing Personal Credit Lines
August 18, 2021  |  Loans

Wells Fargo has gone back on a previous declaration that it would be doing away with its personal credit lines, Bloomberg reported. Get the Full...

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Report: 60 Pct Of Credit Union Members Look To Other FIs For Credit Products
Report: 60 Pct Of Credit Union Members Look To Other FIs For Credit Products
August 17, 2021  |  Credit Unions

Credit union (CU) members often feel a strong affinity for their CUs, but that is not always enough to keep them from using other financial...

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Citi Supports Local Businesses With New Lending Program
Citi Supports Local Businesses With New Lending Program
August 11, 2021  |  Loans

Citi announced on Wednesday (August 11) that it is introducing the launch of Bridge built by Citi, a new lending platform intended to assist small...

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