loans

Square To Launch Square Loans In Australia For SMEs

Square To Launch Square Loans In Australia For SMEs
Square To Launch Square Loans In Australia For SMEs
April 14, 2021  |  Loans

Square plans to launch its lending product, Square Loans, in Australia. The offering assists small companies with expansion by providing them with easy and expedient...

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Wells Fargo Reports 20 Pct Rise In Consumer Debit Card Spend Amid Pandemic Recovery   
Wells Fargo Reports 20 Pct Rise In Consumer Debit Card Spend Amid Pandemic Recovery   
April 14, 2021  |  Earnings

Wells Fargo reported Wednesday (April 14) results that showed approximately 6 percent growth in credit card-based spending, with notable growth of approximately 20 percent in...

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Digital Bank Brings Special Treatment To Debt-Strapped Doctors
Digital Bank Brings Special Treatment To Debt-Strapped Doctors
April 13, 2021  |  Banking

Physician, heal thyself — financially. Student debt in times of financial stress can be a crushing burden. That’s especially true for individuals who have chosen...

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GetVantage Offers India’s SMBs Revenue-Based Financing With A Twist
GetVantage Offers India’s SMBs Revenue-Based Financing With A Twist
April 13, 2021  |  SMBs

For small firms in India, particularly up-and-coming players in the digital space, getting access to funding is a painful process. Until recently, their access to...

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Fed Data Shows Big Banks’ Loan-to-Deposit Ratio At 36-Year Low
Fed Data Shows Big Banks’ Loan-to-Deposit Ratio At 36-Year Low
April 12, 2021  |  Banking

The Federal Reserve’s latest weekly survey showed that the 25 largest banks in the U.S. reduced their loan-to-deposit ratio to 53.9 percent, the lowest in...

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PPP Remains A Favorite Target Of Fraudsters
PPP Remains A Favorite Target Of Fraudsters
April 12, 2021  |  B2B Payments

Fraudsters have discovered yet another way to infiltrate the Paycheck Protection Program (PPP), and the business email compromise (BEC) continues to reign as the biggest...

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Citigroup Seeks To Maintain Freeze On Inadvertent Loan Payment Of $504 Million
Citigroup Seeks To Maintain Freeze On Inadvertent Loan Payment Of $504 Million
April 09, 2021  |  Loans

Creditors of Revlon Inc. that obtained in excess of $500 million in inadvertent payments by way of Citigroup Inc. want a judge to let them...

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Avoiding The Bait-And-Switch Of Small Business Finance
Avoiding The Bait-And-Switch Of Small Business Finance
April 09, 2021  |  B2B Payments

Trust is a vital component in the small- to medium-sized business (SMB) lending relationship, but it can be especially hard to come by in times...

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