loans

FDIC Says Banks’ SMB Lending May Be Significantly Underestimated

FDIC Says Banks’ SMB Lending May Be Significantly Underestimated
FDIC Says Banks’ SMB Lending May Be Significantly Underestimated
October 03, 2018  |  B2B Payments

A new Federal Deposit Insurance Corporation (FDIC) report suggests banks’ contribution to small business (SMB) lending is significantly underestimated. Get the Full Story Complete the...

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Avant Brings SaaS Lending Tech To Banks
Avant Brings SaaS Lending Tech To Banks
October 02, 2018  |  Loans

Avant is best known among its financial services peers as a FinTech firm, founded to throw automation and an artificial intelligence (AI)-enhanced underwriting process at...

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Tide Wants FinTech Firms To Have A Bigger Share Of RBS Funds
Tide Wants FinTech Firms To Have A Bigger Share Of RBS Funds
October 01, 2018  |  B2B Payments

Challenger bank Tide wants the U.K. to allow eMoney non-bank institutions to be able to compete for Royal Bank of Scotland (RBS) bail out funds,...

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Default By Top India Non-Bank Lender Rattles Market
Default By Top India Non-Bank Lender Rattles Market
October 01, 2018  |  B2B Payments

A top infrastructure lender in India is now being questioned by regulators over its $12.6 billion debt, just months after creditors gave the lender a...

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AltFin’s Inconsistent Path To SMB Adoption
AltFin’s Inconsistent Path To SMB Adoption
October 01, 2018  |  B2B Payments

What does small business (SMB) lending look like? It depends on many factors, including one’s location. For example, alternative finance in the U.K. seems to...

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YES Bank Denies Concealing Bad Corporate Loans
YES Bank Denies Concealing Bad Corporate Loans
September 28, 2018  |  B2B Payments

India’s YES Bank has denied covering up data that would reveal non-performing assets (NPAs) in the bank’s corporate loan portfolio, according to Bloomberg Quint reports...

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Why Scratch Says Loan Servicing Needs A Ground-Up Rebuild
Why Scratch Says Loan Servicing Needs A Ground-Up Rebuild
September 27, 2018  |  Alternative Finances

If the world were a more logical place, it would always be easy for a borrower to pay their debts as quickly and easily as...

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US Credit Scores Soar To 704, But Debt Looms
US Credit Scores Soar To 704, But Debt Looms
September 25, 2018  |  Debt

New data shows that as U.S. credit scores hit their highest point since the Great Recession, Americans are also borrowing more than ever. According to...

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Public Service Loan Forgiveness Program Accepts Few Applicants
Public Service Loan Forgiveness Program Accepts Few Applicants
September 21, 2018  |  Loans

To help manage their student loan debts, 28,000 borrowers have sent in 33,300 applications for the Public Service Loan Forgiveness (PSLF) program. However, approximately 99...

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