loans

Eight UK Credit Unions Went Out Of Business In 2018
Eight UK Credit Unions Went Out Of Business In 2018
December 26, 2018  |  Loans

Largely hailed as safe alternatives to payday loan firms, credit unions in the U.K. are shuttering at the fastest tempo in years, amid fears that...

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gpi Makes SWIFT Cross-Border Gains
gpi Makes SWIFT Cross-Border Gains
December 20, 2018  |  B2B Payments

SWIFT has noted that gpi payments make up more than half of its cross-border traffic. The Fed sees marquee tech names pushing for faster payments,...

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China Institutes New Policy To Boost Small Firm Lending
China Institutes New Policy To Boost Small Firm Lending
December 19, 2018  |  Loans

Faced with a slowing economy and a trade dispute with the U.S., China’s central bank on Wednesday (Dec. 19) announced a new policy tool aimed...

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Rising Interest Rates Put Dent In Small Bank Deposits
Rising Interest Rates Put Dent In Small Bank Deposits
December 17, 2018  |  Loans

Smaller banks around the country are feeling the pinch as rising interest rates keep earnings static on loans and customers want more interest on their...

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Rising Delinquency Rates Dampen Reports Of Stronger Business Performance
Rising Delinquency Rates Dampen Reports Of Stronger Business Performance
December 17, 2018  |  B2B Payments

There is a lot to be optimistic about for U.S. businesses. A strengthening economy and forecasts of new revenue heights have corporates large and small looking...

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Consumer Credit Originations Poised For More Growth In 2019
Consumer Credit Originations Poised For More Growth In 2019
December 12, 2018  |  Loans

Thanks to low unemployment, growth in GDP and real disposable income, TransUnion forecasted that consumer credit originations and consumer balances will increase in 2019 for...

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Ex-Fed Chief Yellen: Deregulation Risks ‘Gigantic Holes’ In Financial Systems   
Ex-Fed Chief Yellen: Deregulation Risks ‘Gigantic Holes’ In Financial Systems  
December 12, 2018  |  Economy

Can it happen again? A decade on, with the financial crisis in the rearview mirror, Janet Yellen, former chair of the Federal Reserve, said there...

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Lawmakers Want To Outlaw SMB ‘Confession Loans’
Lawmakers Want To Outlaw SMB ‘Confession Loans’
December 06, 2018  |  Bank Regulation

U.S. Senators Sherrod Brown and Marco Rubio have called for a ban on confessions of judgement, a tactic predatory lenders use to make borrowers forfeit...

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Bitcoin Daily: Ripple XRP Added To KuCoin; GM Unveils Autonomous Car Blockchain Patent
Bitcoin Daily: Ripple XRP Added To KuCoin; GM Unveils Autonomous Car Blockchain Patent
December 04, 2018  |  Bitcoin

KuCoin, a digital currency exchange based in Singapore, has rolled out support for the trading of the Ripple XRP cryptocurrency, Cryptovest reported. The platform now...

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