PPP confusion prompts banks to revert to manual processes
Lenders participating in the SBA’s Paycheck Protection Program are trying to find a balance between speed and diligence. On the ...
Tag: Premium
Smaller banks innovate ways to handle PPP volume in the ‘scramble’
The Small Business Administration launched its Paycheck Protection Program loans more than a week ago and banks have been racing ...
Community bank embraces digital to deliver $50M in PPP loans
The technological upgrades Happy State Bank made prior to the COVID-19 crisis has helped the lender service and onboard customers ...
LendingTree: Personal loan inquiries at calendar-year lows
The COVID-19 crisis is taking its toll on the personal loan industry. According to data from LendingTree, the publicly traded ...
Weekly Wrap: SBA loans, SoFi and Galileo take center stage
One week after the Small Business Administration launched its Paycheck Protection Program, banks and fintechs alike are still navigating best ...
Fintechs push education for struggling customers
Challenger banks are finding their educational and budgeting tools increasingly relevant as the novel coronavirus rattles the economy. “This is ...
Banks retool customer service in the scramble for PPP loans
Banks are feeling the pressure of small businesses nationwide applying for Paycheck Protection Program loans. With the launch of the ...
Will COVID-19 burst fintech’s funding bubble?
Fintechs will likely have a tough time securing funding as the coronavirus pandemic continues to shake up the U.S. economy, prompting investors to ...
SBA loan platforms could be fintech’s ‘big moment’
A handful of fintech providers are bringing SBA Paycheck Protection Program loan platforms to market, a move that could be ...
Better.com profits from low interest rates and recent layoffs
Laid-off hospitality workers can start new careers as loan officers with Better.com. The digital mortgage lender plans to hire 1,000 ...
