loans

Citigroup Increases Loan Loss Provisions Due to ‘Macro Environment’
Citigroup Increases Loan Loss Provisions Due to ‘Macro Environment’
June 10, 2025  |  Consumer Finance

Citigroup is reportedly preparing for a possible decline in consumer financial health by putting aside more provisions for potential losses on loans. Get the Full Story...

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CFPB Funding Sits in Crosshairs of Senate Committee’s Additions to ‘Big Beautiful Bill’
CFPB Funding Sits in Crosshairs of Senate Committee’s Additions to ‘Big Beautiful Bill’
June 09, 2025  |  CFPB

A so-called megabill grabbing headlines and making its way through Congress is on track to further alter the Consumer Financial Protection Bureau, an agency already...

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Revolving Credit Jumped in April as Consumers Loaded Up on Card Debt
Revolving Credit Jumped in April as Consumers Loaded Up on Card Debt
June 06, 2025  |  Economy

The paydowns earlier this year were temporary. And as the latest consumer credit data from the Federal Reserve on Friday (June 6) indicated, consumers turned...

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New Congressional Bill Takes Aim at $335M in Small Business Lending Fraud
New Congressional Bill Takes Aim at $335M in Small Business Lending Fraud
June 05, 2025  |  Loans

As tariffs loomed this spring, PYMNTS Intelligence found that obtaining financing was (and is) a difficult endeavor for smaller firms, which power the U.S. economy....

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US House Passes Bill Requiring Report on SBA Loan Program
US House Passes Bill Requiring Report on SBA Loan Program
June 05, 2025  |  Legal

The House of Representatives passed legislation Tuesday (June 3) that its sponsor said will combat fraud and improve transparency in a Small Business Administration (SBA) loan...

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Fed’s Beige Book Shows Muted Hiring and Spending as Uncertainty Lingers
Fed’s Beige Book Shows Muted Hiring and Spending as Uncertainty Lingers
June 05, 2025  |  Economy

A month and a half since the Federal Reserve’s last Beige Book, which takes the pulse of the economy through observations of businesses and community...

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Working Capital Efficiency Rises 2.5% Among North American Middle-Market Companies
Working Capital Efficiency Rises 2.5% Among North American Middle-Market Companies
June 05, 2025  |  Working Capital

North American middle-market firms are demonstrating resilience, fueled in part by an increasing and more strategic use of financial tools. Get the Full Story Complete...

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JPMorgan to Accept Bitcoin ETFs as Loan Collateral
JPMorgan to Accept Bitcoin ETFs as Loan Collateral
June 04, 2025  |  Bitcoin

JPMorgan Chase plans to offer financing to clients using spot bitcoin exchange-traded funds (ETFs) such as BlackRock’s iShares Bitcoin Trust (IBIT) as collateral, Bloomberg reported Wednesday...

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Just 37% of Consumer Lenders Connect at eCommerce Checkout
Just 37% of Consumer Lenders Connect at eCommerce Checkout
June 04, 2025  |  Loans

Despite the clear potential of integrating credit directly into commerce platforms, many lenders appear to be sitting on the sidelines, potentially missing significant growth opportunities...

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