Source: en.wikipedia.org
Digital origination/decisioning company Amount has debuted a small-business-focused lending suite for banks and credit unions. The new SMB (small- to medium-sized business) Suite, announced Tuesday...
Three banks will lower their prime lending rate after the Federal Reserve decided to reduce the federal funds rate. BMO, Truist Financial and MT&T Bank...
The Federal Reserve cut interest rates by 0.5% Wednesday (Sept. 18), the first cut in four years. While stocks gyrated Wednesday and were down slightly...
The benefits of swapping analog, manual processes for digital ones are obvious. But that doesn’t mean they don’t bear repeating — especially against a backdrop...
Santander Consumer is expanding its small business offering to all auto dealers using its platform. The program lets small business owners and entrepreneurs finance vehicles...
New capital requirements could help Great Britain’s smaller lenders compete in the country’s mortgage market. That’s according to a report published by Reuters on Thursday...
Navient is exiting the federal student loan business as a regulator prepares to fine it $120 million. The company, formerly known as Sallie Mae, was...
Goldman Sachs this week reported losses related to its Main Street lending business. The banking giant has been pulling away from the credit card lending...
Regulators have scaled back capital requirements for banks, reducing the holdings that must be on the books to buffer against economic and other shocks. But...