loans

JPMorgan, Citi Earnings Hint At (Some) Optimism On Credit Losses

JPMorgan, Citi Earnings Hint At (Some) Optimism On Credit Losses
JPMorgan, Citi Earnings Hint At (Some) Optimism On Credit Losses
October 13, 2020  |  Earnings

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Instant Pay Startup Clair Notches $4.5M To Help Gig Workers
Instant Pay Startup Clair Notches $4.5M To Help Gig Workers
October 09, 2020  |  Investments

New York City-based FinTech startup Clair has raised $4.5 million in seed funding to disrupt payday lending schemes and help gig workers and freelancers get...

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Today In Payments: Central Banks Frame Criteria For Digital Currency; Amazon India Gets $95.5M For Festive Season
Today In Payments: Central Banks Frame Criteria For Digital Currency; Amazon India Gets $95.5M For...
October 09, 2020  |  News

In today’s top news, the Federal Reserve and seven central banks are collaborating on a framework for digital currency, and Amazon India prepares for its...

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Fixing A Credit-Data Dearth That’s Hurting Lending More Than COVID-19
Fixing A Credit-Data Dearth That’s Hurting Lending More Than COVID-19
October 09, 2020  |  Credit Cards

The pandemic has cast a chill across the loan process, but Matt Harris, co-founder and CEO of Bloom Credit, told PYMNTS that a lack of...

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Mambu, Ranqx Partner To Enhance SMB Digital Lending
Mambu, Ranqx Partner To Enhance SMB Digital Lending
October 08, 2020  |  B2B Payments

Berlin’s Mambu is partnering with New Zealand digital lending platform Ranqx, which will use Mambu’s API-first digital banking platform to provide digital lending experiences, loan...

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BoA Goes Micro With Consumer Loan Up To $500
BoA Goes Micro With Consumer Loan Up To $500
October 08, 2020  |  Loans

Bank of America (BoA) is muscling into the payday loan business, minus the sky-high fees, as the pandemic continues to upend the financial landscape, according...

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Stimulus May Be In The Offing, But Will SMBs Line Up?
Stimulus May Be In The Offing, But Will SMBs Line Up?
October 06, 2020  |  SMBs

Stimulus payments are on the way – maybe. But for the Main Street SMBs that are navigating the pandemic with a mindset more sanguine than had...

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UK SMBs Say Lenders Refuse To Provide Relief Loans
UK SMBs Say Lenders Refuse To Provide Relief Loans
October 05, 2020  |  Loans

Small and medium-sized businesses (SMBs) in the U.K. say their very survival is at stake because lenders have refused to provide inexpensive, state-backed loans amid...

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Subscriptions, AR Automation, PPP Loan Forgiveness Top This Week’s News
Subscriptions, AR Automation, PPP Loan Forgiveness Top This Week’s News
October 02, 2020  |  The Weekender

It’s the end of another work week, and the PYMNTS Weekender is here to catch you up on the latest news. We have deep dives...

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