The Consumer Financial Protection Bureau (CFPB) has settled with student loan servicers Discover Bank, The Student Loan Corporation and Discover Products (collectively Discover) in a...
In today’s top payments news around the world, China’s State Council reportedly said that small and micro-sized firms can defer loan payments past Q1 2021...
When the $900 billion coronavirus relief bill is finally enacted, $325 billion in aid will be earmarked for small- to medium-sized businesses (SMBs). Get the...
The almost $900 billion U.S. pandemic aid package ratified by lawmakers Monday (Dec. 21) following months of debate will assist financial institutions by relaxing an...
The Bounce Back loan program the British government launched in May to spur England’s economic recovery from COVID-19 has been beset with fraud and poor-quality...
Upstart, which works to partner banks with customers looking for loans, saw its shares surge 30 percent upon its public debut Wednesday (Dec. 16), according...
Small firms recently surveyed by Goldman Sachs indicated that small and mid-sized businesses (SMBs) are desperately in need of another round of emergency Paycheck Protection...
The U.K.’s Financial Conduct Authority (FCA) has fined Barclays £26 million ($31.6 million) for its treatment of consumer credit customers who fell into arrears on...