loans

UK’s FCA Gives Six More Months For Loan Holidays
UK’s FCA Gives Six More Months For Loan Holidays
November 02, 2020  |  Loans

With new lockdown restrictions due to COVID-19 imminent, the U.K.’s Financial Conduct Authority (FCA) has extended loan holidays for those who still can’t pay off...

READ MORE >
Fed Adjusts Main Street Lending Terms To Help Small Businesses
Fed Adjusts Main Street Lending Terms To Help Small Businesses
October 30, 2020  |  Loans

The Federal Reserve Board has modified the terms of the Main Street Lending Program (MSLP)  to make it more obtainable for smaller businesses, according to...

READ MORE >
Personal Loan Apps Show Resilience In Latest Provider Ranking
Personal Loan Apps Show Resilience In Latest Provider Ranking
October 30, 2020  |  Mobile Applications

Maybe it’s a byproduct of that which shall not be named — by which we mean the pandemic — but PYMNTS’ Provider Rankings have been...

READ MORE >
TransUnion Beefs Up Credit Reports As Lenders Seek More Info
TransUnion Beefs Up Credit Reports As Lenders Seek More Info
October 29, 2020  |  Consumer Finance

Credit rating giant TransUnion is rolling out a new service it says will save time and money for lenders and other businesses seeking credit information...

READ MORE >
StreetShares Nets $10M To Expand SMB Lending Tech
StreetShares Nets $10M To Expand SMB Lending Tech
October 25, 2020  |  B2B Payments

FinTech StreetShares, which works to aid financial institutions (FIs) in providing loans for small- to medium-sized businesses (SMBs), has secured $10 million in a funding...

READ MORE >
Capital One Reports Drop In Domestic Card Average Loans Amid Pandemic
Capital One Reports Drop In Domestic Card Average Loans Amid Pandemic
October 23, 2020  |  Earnings

Capital One reported on Thursday (Oct. 22) that domestic card average loans fell in Q3, as consumers spent less and saved more amid the pandemic....

READ MORE >
Grab’s Earnings Bouncing Back To Pre-COVID Numbers
Grab’s Earnings Bouncing Back To Pre-COVID Numbers
October 22, 2020  |  Earnings

Singapore’s mobile tech giant Grab is seeing solid recovery, with revenue bouncing back to 95% of pre-pandemic levels, according to a Thursday, Oct. 22 Reuter’s...

READ MORE >
HSBC To Eliminate As Many As 300 UK Commercial Banking Jobs
HSBC To Eliminate As Many As 300 UK Commercial Banking Jobs
October 21, 2020  |  Personnel

HSBC will be restructuring its commercial banking business in Britain which will result in 300 job cuts, according to Reuters. Get the Full Story Complete...

READ MORE >
Swedish Startup Lendify Closes $115M Funding Deal
Swedish Startup Lendify Closes $115M Funding Deal
October 21, 2020  |  Investments

Swedish peer-to-peer (P2P) lending startup Lendify has secured $115 million in funding from Insight Investment, according to a Bloomberg report on Wednesday (Oct. 21). Get...

READ MORE >