Modern Small and Medium Enterprises (SMEs) represent a significant part of the global economy, accounting for nearly 90% of all modern businesses. Modern SMEs...
Tag - Federal Reserve
Consumer lending in the US reached nearly 1.5 trillion dollars in 2018, according to the Federal Reserve Board of Governors, and European banks reported a...
Contemporary borrowers want to be able to price, decide. and act on loans from their phones.
It’s a stark truth that some credit unions and community banks...
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Today’s main news: SoFi cancels plans for Australia, Canada. SoFi completes largest consumer loan securitization to date. Elevate...
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Today’s main news: Prosper closes on $50M funding round at $550M valuation. SmartBiz Loans hits $500M in SBA loans. Labour proposes debt...
Shift expanding the reach of tech-enabled lenders
As the U.S. and global economies continue to expand and recover from the Great Recession of 2007-2009, the...
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Today’s main news: SoFi wants to steal banks’ most coveted customers. Biggest online lenders don’t always check key borrower...
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Today’s main news: The Global Fintech Report Q1 2017. Funding Circle US to bolster capital markets team. Fed wants a say in fintech...
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Today’s main news: CircleBack stopped making new loans. Lending Club’s K8, new rates, updates. What is the state of the FinTech...
A Look at the Automated Clearing House for Lenders
Alternative lenders do not have to be relegated to a dark corner of the financial industry just because of...