U.S. bank BankUnited says restaurant debt in its small business loan portfolios is showing signs of stress, and is blaming food delivery apps like Uber Eats for the problem. According to American Banker reports Friday (Jan. 24), BankUnited CEO Rajinder Singh warned that unlike other...
For the first time since East & Partners began surveying Australian small businesses about their future growth plans, researchers have found that entrepreneurs are more likely to turn to an alternative lender than a traditional bank for capital. Reports in Dynamic Business this week said...
The International Chamber of Commerce Banking Commission recently released a report that found an imbalance between supply and demand of trade finance services. Its Global Survey on Trade Finance, which surveyed financial institutions across 98 countries, found that 61 percent of banks say they face...
Misys is offering banking clients access to its P2P lending software, reports said Tuesday (Jan. 17). The financial technology firm revealed it will offer banks access to its peer-to-peer lending technology to help banks compete with younger alternative lenders in the industry. Misys’ solution enables...
