Singapore’s Grab said it has closed on a $2 billion, five-year term loan facility amid speculation that it is readying an initial public offering. Get...
A new presidential administration has begun, a new House and Senate have been sworn in, and more stimulus, it seems, is going out. How much...
A Leesburg, Virginia, man pleaded guilty to a federal bank fraud charge that he stole $2.5 million by obtaining Paycheck Protection Program (PPP) loans by...
Banking technology company Temenos revealed a “next-generation” business lending system, which was created to assist financial institutions (FIs) in digitally transforming their corporate banking business,...
The European Central Bank (ECB) is concerned that regional banks are not setting aside as much money as other countries to cover loan losses stemming...
Though traditional financial institutions have faced a surge in market pressure to digitize as new FinTech competitors emerge, there are still plenty of areas in...
Stilt, which works in financial services for immigrants, has raised a $100 million warehouse facility from Silicon Valley Bank, according to a press release. Get...
LoanDepot will be seeking as much as $315 million in its initial public offering (IPO), according to a Securities and Exchange Commission (SEC) filing. Get...