loans

Lawmakers Want To Outlaw SMB ‘Confession Loans’

Lawmakers Want To Outlaw SMB ‘Confession Loans’
Lawmakers Want To Outlaw SMB ‘Confession Loans’
December 06, 2018  |  Bank Regulation

U.S. Senators Sherrod Brown and Marco Rubio have called for a ban on confessions of judgement, a tactic predatory lenders use to make borrowers forfeit...

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Bitcoin Daily: Ripple XRP Added To KuCoin; GM Unveils Autonomous Car Blockchain Patent
Bitcoin Daily: Ripple XRP Added To KuCoin; GM Unveils Autonomous Car Blockchain Patent
December 04, 2018  |  Bitcoin

KuCoin, a digital currency exchange based in Singapore, has rolled out support for the trading of the Ripple XRP cryptocurrency, Cryptovest reported. The platform now...

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LendingTree: US Consumer Debt Approaching $4T   
LendingTree: US Consumer Debt Approaching $4T  
November 30, 2018  |  Debt

LendingTree said in its debt report for the month of November that based on recent holiday shopping and credit card spending, credit card balances will...

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SoFi CEO Says Fed Rate Hikes Not A Threat
SoFi CEO Says Fed Rate Hikes Not A Threat
November 30, 2018  |  Loans

Anthony Noto, CEO of the financial company SoFi, said this week that his company is preparing for a landscape with higher interest rates, and that...

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Kuwait Debuts FinTech Sandbox
Kuwait Debuts FinTech Sandbox
November 29, 2018  |  B2B Payments

As proof that FinTech sandboxes are going global, Kuwait has become the latest player in the Middle East to debut a framework. Elsewhere, a Kenyan...

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Ingo Money CEO: Why Instant Payments Are Gig Work’s DNA
Ingo Money CEO: Why Instant Payments Are Gig Work’s DNA
November 29, 2018  |  Gig Economy

The gig economy has been getting no shortage of attention. In the last few years, a nearly uncountable number of articles and editorials have been...

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China Sees Rise In ‘Auto-Backed’ Small Business Lenders
China Sees Rise In ‘Auto-Backed’ Small Business Lenders
November 28, 2018  |  B2B Payments

Some alternative lenders in China have a unique way of mitigating the risk of borrower defaults: attaching a tracking device to borrower vehicles. Get the...

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FinTech Firms Show Banks The ‘Art Of The Possible’ In SMB Lending
FinTech Firms Show Banks The ‘Art Of The Possible’ In SMB Lending
November 27, 2018  |  B2B Payments

The metaphor has been repeated countless times: Small businesses (SMBs) are the backbone of the economy. So, access to capital isn’t just essential for these...

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SMB Lending Crunch Hits China
SMB Lending Crunch Hits China
November 26, 2018  |  B2B Payments

Small businesses (SMBs) in China are struggling to access bank loans with large, state-owned corporations, according to recent analysis from French trade credit insurer Coface,...

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