loans

Missing The Podium Edition: US Bank, SoFi And Bitcoin On Cards
Missing The Podium Edition: US Bank, SoFi And Bitcoin On Cards
February 19, 2018  |  Data Dive

Not everyone gets a trophy, an inevitable truth discovered by the U.S. Olympic team in Pyeongchang — at least so far. It’s not been a standout year for the...

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Indian Banks Could Take $3B Hit From Punjab National Bank Scheme
Indian Banks Could Take $3B Hit From Punjab National Bank Scheme
February 19, 2018  |  International

Indian banks could be on the hook for more than $3 billion thanks to a massive fraud scheme revealed by Punjab National Bank last week....

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BofA Community Development Banking Has Record 2017
BofA Community Development Banking Has Record 2017
February 16, 2018  |  Banking

Bank of America Merrill Lynch’s Community Development Banking (CDB) announced news on Thursday (Feb. 15) that 2017 was a record year for the firm. The...

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Premiums Paid On Packaged Loans Touch Financial Crisis Lows
Premiums Paid On Packaged Loans Touch Financial Crisis Lows
February 14, 2018  |  Loans

Despite a return of volatility to the stock market, the premium that investors want on loans that are packaged and offered as bonds has hit...

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Big Banks Continue SMB Lending Uptick, Biz2Credit Finds
Big Banks Continue SMB Lending Uptick, Biz2Credit Finds
February 08, 2018  |  B2B Payments

Small business hiring may have petered out in January, but lending to SMBs certainly didn’t. The latest Biz2Credit Small Business Lending Index found SMB lending...

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Equifax Gives Lenders Access To SMB Data
Equifax Gives Lenders Access To SMB Data
February 06, 2018  |  B2B Payments

Soon after news emerged that the Consumer Financial Protection Bureau (CFPB) would be pulling back its investigation into Equifax Inc. and the data breach that...

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Business Lending Standards Loosen In Q4 2017
Business Lending Standards Loosen In Q4 2017
February 06, 2018  |  Loans

The Federal Reserve revealed in its quarterly survey on Monday (Feb. 5) that loan officers in banks around the U.S. eased lending standards for businesses...

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LendingClub: Getting Borrowers Off The Credit Hamster Wheel
LendingClub: Getting Borrowers Off The Credit Hamster Wheel
February 05, 2018  |  Banking

Another day, another customer trudging into the bank to discuss credit card debt and a lack of savings … over a venti Starbucks latté. It...

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LendingPoint Brings In Former Citi Director As CFO
LendingPoint Brings In Former Citi Director As CFO
February 02, 2018  |  Personnel

LendingPoint, online lender and provider of the LoanHero point of sale financing platform, announced the appointment of a Citibank executive as its new chief financial...

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