loans

Hundreds Of Probes Into PPP Loan Fraud Have Been Opened

Hundreds Of Probes Into PPP Loan Fraud Have Been Opened
Hundreds Of Probes Into PPP Loan Fraud Have Been Opened
November 08, 2020  |  Security & Fraud

The federal Paycheck Protection Program (PPP) designed to blunt the economic impact of the pandemic is beset by extensive instances of fraud, The Wall Street...

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Blockchain Lending Firm Figure Seeks National Bank Charter
Blockchain Lending Firm Figure Seeks National Bank Charter
November 06, 2020  |  Banking

Financial services firm Figure Technologies, Inc. has sought a national bank charter from the Office of the Controller of the Currency (OCC), which will let...

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UK Banks Nix $1.3B In Fraudulent ‘Bounce-Back’ Loans
UK Banks Nix $1.3B In Fraudulent ‘Bounce-Back’ Loans
November 05, 2020  |  Security & Fraud

The United Kingdom’s version of the Paycheck Protection Program is also getting hit up by fraudsters, though British bankers appear to be a step ahead...

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Election-Driven Payday Loan Caps Spotlight On-Demand Wage Technology
Election-Driven Payday Loan Caps Spotlight On-Demand Wage Technology
November 05, 2020  |  Loans

Amid the pandemic, a ceiling on payday loans extends … state by state. Get the Full Story Complete the form to unlock this article and...

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COVID Spawns Local SMB Loans, Mask Shortages And More Suburban Starbucks
COVID Spawns Local SMB Loans, Mask Shortages And More Suburban Starbucks
November 04, 2020  |  Coronavirus

With federal COVID-19 stimulus programs dried up for the moment and talks to renew them stalled, local communities are looking to fill the void by...

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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...

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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...

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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...

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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...

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