loans

TransUnion Beefs Up Credit Reports As Lenders Seek More Info

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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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...

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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....

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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...

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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...

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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...

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Google Cloud’s AI Tool Automates Mortgage Document Processing
Google Cloud’s AI Tool Automates Mortgage Document Processing
October 19, 2020  |  Loans

Google Cloud is aiming to innovate the mortgage industry with its new artificial intelligence (AI) tool called Lending DocAI. Get the Full Story Complete the...

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Closing The B2B Trade Credit Gap With AI, Machine Learning
Closing The B2B Trade Credit Gap With AI, Machine Learning
October 19, 2020  |  B2B Payments

Although the COVID era continues to have an outsized impact on small businesses, frontline lending experts say SMBs have recently begun to catch a break...

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PPP, SMBs And The Challenges Of KYC
PPP, SMBs And The Challenges Of KYC
October 16, 2020  |  Loans

The House Select Subcommittee on the Coronavirus Crisis found the U.S. Treasury Department encouraged banks to prioritize existing customers applying for PPP loans — allegedly...

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