loans

FinTech Firms Show Banks The ‘Art Of The Possible’ In SMB Lending

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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Warnings Sound Again Over Corporates’ $9T Debt
Warnings Sound Again Over Corporates’ $9T Debt
November 26, 2018  |  B2B Payments

U.S. corporates are weighed down by $9 trillion in debt that analysts have said could lead to economic trouble in only a few years. Recent...

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Sub-Prime Lending’s Late-Year Bounce
Sub-Prime Lending’s Late-Year Bounce
November 20, 2018  |  Alternative Finances

According to the latest Q3 2018 TransUnion’s Industry Insights Report the back half of 2018 has been a good year for sub-prime borrowers looking for access to credit. In the year...

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After Hurricane Michael, Credit Unions Step Up To Boost Rebuilding Efforts
After Hurricane Michael, Credit Unions Step Up To Boost Rebuilding Efforts
November 15, 2018  |  Credit Unions

When Hurricane Michael tore through the Florida Panhandle last month, it left $4.5 billion in damages in its wake. Now, as residents attempt to rebuild...

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FDIC Seeks Public Comment On Banks And Small-Dollar Loans
FDIC Seeks Public Comment On Banks And Small-Dollar Loans
November 14, 2018  |  Loans

The Federal Deposit Insurance Corporation (FDIC) announced that it is has issued a request for public comments related to small-dollar lending by financial institutions. Get...

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Affirm Launches New Features To Help Consumers Spend Responsibly
Affirm Launches New Features To Help Consumers Spend Responsibly
November 13, 2018  |  Alternative Finances

“The more I looked at retailer-sponsored finance, the more I realized people routinely end up paying atrociously more than they bargained for … This is...

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Spain’s BBVA, Partners Complete First Blockchain Syndicated Loan
Spain’s BBVA, Partners Complete First Blockchain Syndicated Loan
November 12, 2018  |  B2B Payments

Spain’s BBVA — along with partner banks MUFG of Japan and BNP Paribas of France — completed the first syndicated loan on the blockchain. Get the...

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Online Lender SoFi Sees $12M Loss In Q3
Online Lender SoFi Sees $12M Loss In Q3
November 12, 2018  |  Earnings

Online lender Social Finance (SoFi) continues to struggle, recording an adjusted loss of around $12 million during the third quarter before interest, taxes, depreciation and amortization. The...

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