Nigerian govt to regulate lending app operations, after raiding Sokoloan, others freeze accounts
The federal government, through its agency, the Federal Competition and Consumer Protection Commission (FCCPC), has…
Browsing: financial institutions
Loan Rejection with High Credit Score Reasons: Why Banks Reject Home, Auto and Personal Loan Applications Even When Credit Score is High
Reasons for rejection of a loan application by a bank with a high credit score…
Big Tech and FinTech join forces to help Ukraine
As Ukrainian Foreign Minister Dmytro Kuleba continues to pressure Russian Foreign Minister Sergei Lavrov for…
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Bart Reagor sentenced to 14 years in prison
LUBBOCK, Texas (KCBD) – Bart Reagor was sentenced to 14 years in prison for lying…
IHOP moves to appeal to reward-seeking consumers
Where in the past restaurant brands that offered loyalty programs through their mobile apps were…
Amazon acquires business management company Veeqo
Amazon acquired Veeqo, an e-commerce software company that makes tools to help online businesses sell…
Millions still available under loan program targeting Southern states > Columbia Business Report
Less than $300,000 of $17 million in loans intended to help small businesses in the…
Collaborative commerce monetizes speed
The pandemic has triggered an evolution in payments for midsize businesses, marked by a shift…
Russian banks turn to Chinese UnionPay for Cards
Many Russian banks have said they plan to start issuing cards using China’s UnionPay card…
Nagaland police warn of online loan scams | MorungExpress
Kohima, March 5 (MExN): Nagaland Police have warned the general public to be aware of…
Michigan man stole his identity to earn $200,000 in auto loans and buy 15 vehicles
A Michigan man is due back in federal court this month for allegedly using someone’s…
A $1 billion SPAC deal for a beauty software startup Perfect?
Beauty Software as a Service (SaaS) Startup Perfect Corp. is considering an initial public offering…
Walmart relaunches Mexican remittance program
Walmart will make it cheaper for customers to send money to Mexico, according to a…
Delivery startup Gorillas is looking to raise $700 million
Gorillas Technologies, a grocery delivery startup operating in the UK, US and France, is looking…
Academics and Economic Experts Debate Crypto Regulation
Cryptocurrencies have potential benefits and risks. They represent a departure from the traditional model of…
Eligibility check personalizes promotions | PYMNTS.com
The web cookie creepiness was enough to scare Big Tech off (mostly). Invasive data collection…
Sling TV will accept crypto payments via BitPay
Sling TV subscribers will now be able to use crypto to pay for their monthly…
Death of a borrower? What can the family do?
We have all encountered deaths of near and dear to Covid-19, making this pandemic probably…
Biden’s CFPB wants to know how consumers would reform banking and lending rules
Rohit Chopra, director of the Consumer Financial Protection Bureau.David Ryder/Bloomberg via Getty ImagesThe Biden administration…
Modernized Trucking and Supply Chain Payments
It seems the World Wars disrupted domestic freight and trucking less than this endless pandemic,…
January 2022 Webinar – Practitioner’s Guide to Trade and Commodity Finance – A New Edition and Beyond | Sullivan and Worcester
[co-author; Talal Khan, trainee] Sam Fowler-Holmes, Partner assisted by Jacqueline Cook, Of Counsel and Senior…
More Kenyans are using loans as a means of survival: report
By VINCENT OWINO The number of Kenyans borrowing from financial institutions has increased by 10%…
New research shows the mortgage process is as difficult as buying a home in today’s competitive housing market
SALT LAKE CITY–(BUSINESS WIRE)–Finicity, a Mastercard company and leader in open banking solutions, today released…
Israeli fintech Personetics raises $85M for tools to help incumbents customize banking services to compete with neobanks – TechCrunch
Big banks are under heavy pressure to modernize their services to meet the demands of…
Jakarta-based SME finance platform KoinWorks wins $ 108 million Series C – TechCrunch
The backbone of the Indonesian economy are its estimated at over 60 million SMEs. But…
World Board details top international advocacy victories in 2021 | 2022-01-05
The World Council of Credit Unions continued to successfully advocate before international standards bodies on…
Get out of this debt trap!
ILLUSTRATION BY ALBERT G. RODRIGUEZ Filipinos took on more debt in 2021. What’s worse is…
Why no action against the Essel group for the default of a bank loan: from the congress to the center
Congress asked why an administrator was not appointed for the Essel group. (To file)New Delhi:…
Global digital lending platform markets, 2021-2028
DUBLIN, December 24, 2021 / PRNewswire / – The report “Global Digital Lending Platform Market,…
SoftBank completes $ 4 billion loan from Apollo-Led group
The loan would be secured by SoftBank’s second Vision Fund, people familiar with the matter…
Biz2X} A SaaS model for banks for credit decisions in days instead of weeks and months
This FinTech solution not only reduces operational expenses, but also accelerates loan growth by dramatically…
Predatory banks rake in billions of dollars in overdraft fees
Paul Constant is a writer at Civic Ventures and co-host of the “Pitchfork Economics” podcast.…
Capitol One eliminates overdraft fees, CFPB investigates universal end of “abusive” fees
The CFPB is studying overdraft fees and the possibility of putting an end to them.…
Integrated finance will reach $ 7,000,000 in the next 10 years
As businesses, their customers and financial partners race to keep up with the growing appetite…
Digital lending is the next horizon for African banks, says Skaleet CEO
Sponsored by: Skaleet December 3, 2021 • • The recent growth of financial entities such…
Former mortgage company chairman sentenced to 104 months in federal prison and more than $ 51.8 million in restitution following plea of fraud
OKLAHOMA CITY (KFOR) – A former chairman of an Oklahoma City-based mortgage company was sentenced…
The pioneers of NBFI transformation in Bangladesh
In 1981, when Bangladesh was a newly independent nation lacking a foothold in almost every…
Forbes India – Artificial intelligence: banking on technology: the technological trends that have carved out a niche this year
With growing consumer demand for digital banking services, artificial intelligence is also at the heart…
End or technology? RBI wants to draw a line
The recommendations of the Reserve Bank of India’s internal task force on digital lending seek…
Sagent signs 7-year mortgage management agreement for Servion
Servion Mortgage, which partners with credit unions and community banks to provide mortgages to consumers,…
Transformation of the loan space in 2021
Banking has always been a challenge for Indians, multiple government programs like Jan Dhan Yojana…
President Biden announces key regional nominations for USDA and SBA
WASHINGTON – Today, President Joe Biden announced his intention to appoint the following individuals to…
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19 countries consider deal at COP26 to end fossil fuel financing abroad – sources
Commitment to end foreign financing of fossil fuels by end of 2022UK, Denmark and European…
Online Banking Update: BlueVine vs. Chase
Choosing the best online banking service for your business will depend on the needs of…
Federal Home Loan Bank of New York Announces Third Quarter 2021 Operating Highlights | State
NEW YORK, 28 October 2021 / PRNewswire / – The Federal Home Loan Bank of…
DBS Bank India Completes First Active Loan Change Before LIBOR Transition
Bombay (Maharashtra) [India], Oct. 27 (ANI / PRNewswire): In an effort to proactively adapt the…
Telecom Egypt secures $ 500 million medium-term syndicated loan
Telecom Egypt has secured a medium-term syndicated loan of $ 500 million to finance capital…
5 applications to consider for micro-loans this holiday season
5 applications to consider for micro-loans this holiday season By Léandra Monteiro Today Checkout Covid…
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CEO of Grapevine real estate trust, other executives accused of defrauding banks and investors
The managing director of a Grapevine lender that operates various real estate investment trusts and…
Indianapolis Federal Home Loan Bank opens hub in Detroit
The Federal Home Loan Bank of Indianapolis today opened a hub in Detroit, with the…
New Tax Laws: Will I be Reported by the IRS if I Receive Over $ 600 on Cash Applications?
CLEVELAND (WJW) – There is some confusion over new tax legislation that would give IRS…
CBN publishes bank interest rates at 1.15% for savings and maximum lending rate at 36% Nigeria news
Nigerian Banks Access Low Cost Funds From Individual / Business Deposits, Central Bank Interventions, and…
Banks Post Strong Third Quarter Gains Across All Major Credit Sectors
Source: Shutterstock. This week, banks are offloading tons of data on loan origination and other…
The evolution of convenience in financial markets
The Amazon effect has made its way into every corner of our lifestyles. It used…
5 factors to consider when choosing the right personal loan
Fullerton India instant personal loan application for salaried borrowers i.e. Fullerton India InstaLoan is a…
Nigeria among the main beneficiary countries of W’Bank IFC loans
Posted October 11, 2021 Nigeria was ranked sixth among the 10 countries most exposed to…
Dos and don’ts of borrowing
In an age when a loan is handy on your cell phone, it’s easy to…
DB stops five electronic credit frauds
Dhaka Metropolitan Police (DMP) Detective Cyber ​​and Special Crime Division Arrested Five Members of a…
How long does it take to get a personal loan?
Our goal here at Credible Operations, Inc., NMLS number 1681276, referred to as “Credible†below,…
General availability of Microsoft Cloud for financial services
By Ryan Morris-Reade, Today Microsoft has announced that Microsoft Cloud for Financial Services will be…
Chopra confirmed as next CFPB director; FTC departure leaves are split equally – Finance and Banking
United States: Chopra confirmed as next CFPB director; Departure leaves FTC evenly divided 05 October…
Banks offering loans to farmers and farms
In Bangladesh, agriculture is the largest employment sector, accounting for 14.2% of the country’s GDP…
Paytm Group takes over full ownership of CreditMate
Bangalore: Paytm, the digital payments company, has now acquired a 100% stake in Urja Money…
3 best artificial intelligence stocks to buy right now
Artificial intelligence (AI) has become a buzzword for almost every business when it comes to…
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Loan complaints reveal racial and wealth disparities
The Consumer Financial Protection Bureau (CFPB) released a report showing a significant difference in the…
Interbank Lending Market Future Opportunities and Growth Factors with Leading Providers SIFMA, Federal Reserve Bank – Stillwater Current
The interbank market is a market in which banks grant each other loans for a…
Ocrolus Raises $ 80 Million at Over $ 500 Million Valuation to Automate Document Processing for Fintechs and Banks – TechCrunch
If you’ve ever had to take out a loan, you know how many documents are…
Enterprise Bank Has New Markets Tax Credit to Fund Projects in Low Income Areas | Business
Enterprise Bank & Trust, based in St. Louis, has at least $ 6 million in…
“Fintech” industry: is it there to help you or to eat you alive?
Would you share the complete record of your personal banking transactions and purchases if this…
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Why SoFi Technologies Share Could Increase 80%
INGLEWOOD, CALIFORNIA – SEPTEMBER 08: (LR) owner and president of Los Angeles Chargers Dean Spanos,…
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Banks beware, foreigners are cracking the finance code
Investments in integrated finance jump in 2021, data showsBuy now, pay later, offers take center…
First Bank & Trust Company Expands Commercial Lending Team in Bristol | State
ABINGDON, Virginia., September 14, 2021 / PRNewswire / – First Bank & Trust Company Announces…
Here’s How An Account Aggregator Can Make Your Money Life Hassle-Free
What is an account aggregator? An Account Aggregator (AA) is a type of RBI regulated…
Indian delinquencies who fled UAE find temporary relief due to COVID-19
India’s two-wave COVID-19 outbreak since March 2020 has become an unlikely savior for many Indian…
Should You Use A Home Equity Loan For Debt Consolidation?
Editorial independenceWe want to help you make better informed decisions. Certain links on this page…
Federal Home Loan Bank of Boston Announces 2021 Second Quarter Results, Declares Dividend
BOSTON, July 23, 2021 /PRNewswire/ — The Federal Home Loan Bank of Boston announced its preliminary,…
Global Fintech Circle, which will go public, explains how DeFi lending is similar to traditional lending processes
The Global FinTech Team Circle, which will go public as part of a $ 4.5…
Paytm Drhp Shows Berkshire Hathaway and Ratan Tata to Sell Shares; Paytm is a “foreign owner” company
Ratan Tata, the chairman emeritus of Tata Sons, plans to sell Paytm shares as part…
Chinese central bank partially rolls over maturing medium-term loans, rate unchanged
SHANGHAI (Reuters) – China’s central bank partially rolled over its maturing medium-term loans on Thursday,…
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Explanation: Is China set to reduce RRR soon? What are the implications?
Chinese 100 yuan bills are seen in a counting machine as an employee counts them…
States review loan contracts before Libor ends
By JAMES ANYANZWA After the 2011 “scandal†of widespread allegations of manipulation, it became clear…
Relaunching small and medium-sized enterprises in West Africa
Access to financial services remains one of the most acute constraints for small and medium-sized…
[Funding alert] Debt Collection Platform CanPe Raises Fundraising Round Led by Axilor Ventures and Others
CanPe, a Bangaloreintelligent digital-based debt collection platform, has grown plant funding led by Axilor. The…
Ministry of Commerce unveils new loan matching program
Trade Minister Jurin Laksanawisit, center, attends a press conference to promote access to loans to…
CheckAlt and LEVERAGE Payment Solutions Partner to Solve Long-Standing Loan Repayment Problems | New
LOS ANGELES, July 7, 2021 / PRNewswire-PRWeb / – CheckAlt, the Leading Provider of Loan…
Padgett Law Group Web Summit Wins Media Excellence Award
PANDIFFERENT, the Padgett Web Summit, was recognized at the 2021 Apex Communications Awards, Padgett explained…
Big Bank Student Loan Consolidation: Review These 6 Pros and Cons
Note that the student loan situation has changed due to the impact of the coronavirus…
Consolidation of student loans: a solution for those who are in debt
American college graduates, and others who have taken out student loans, are saddled with record…