Category : Banking

Banking Fintech Fintech Funding News

Wolters Kluwer Recommences Processing US PPP Loan Applications Through Financial Technology Solution

Fintech News Desk
by Fintech News Desk0
Second Round of PPP Enables Wolters Kluwer to Build on Supporting Main Street Business Jobs  Wolters Kluwer Compliance Solutions has announced that its Paycheck Protection Program (PPP) Supported by TSoftPlus™ solution, designed to help banks, credit unions, and other local lenders support small businesses with payroll funding during the COVID-19 crisis, has recommenced processing......
Banking Fintech News

MYbank Served Over 20 Million SMEs as of 2019, Further Spurring the Growth of China’s Small and Micro Businesses

Fintech News Desk
by Fintech News Desk0
MYbank, a leading online private commercial bank under Ant Financial Services Group, stated in its annual report released that it has served 20.87 million small and micro businesses in China as of the end of 2019. Read More: Jack Henry & Associates Launches Core-Integrated Accounts Receivable Financing “Even though my business......
Banking Fintech News

Kasasa Study Finds Most U.S. Consumers Want Total Digital Financial Experience

Fintech News Desk
by Fintech News Desk0
A recent consumer study commissioned by Kasasa revealed that majority of consumers (79%) find it important to have a complete digital experience when selecting a financial institution, highlighting online and mobile technology’s influence in attracting and retaining customers. The 2020 study was conducted online by The Harris Poll on behalf of Kasasa,......
Banking Fintech News

AvidXchange Foundation Supports Local Nonprofits, Youth and Families as Part of COVID-19 Relief Efforts

Fintech News Desk
by Fintech News Desk0
AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, announced efforts to provide relief to families and youth across the U.S. by supporting local food banks and donation drives in cities where its offices are located. With a commitment to making a difference......
Banking Business Fintech News

More than 3.4M Homeowners — 6.4% of All Mortgages — Now in COVID-19-Related Forbearance Plans According to Black Knight’s McDash Flash Data Set

Fintech News Desk
by Fintech News Desk0
The McDash Flash suite from Black Knight leverages daily, loan-level data to provide market participants with the most current view of the forbearance and mortgage performance landscape In light of the significant impacts the COVID-19 pandemic is having on the U.S. mortgage market, Black Knight,  has been tracking loan-level forbearance data on......
Banking Fintech News

Lenders Use LoanPro to Implement WFH Strategy

Fintech News Desk
by Fintech News Desk0
Banks, lenders, and loan servicing companies alike turn to LoanPro to seamlessly transition their servicing teams to work from home. Rhett Roberts, CEO at LoanPro , said “LoanPro has enabled both our lenders and loan servicing partners to successfully transition their teams to work from home environments with low to......
Banking Fintech News

Comerica Bank Accepting Paycheck Protection Program Loan Applications on Comerica.com and Ensuring Customers Receive Full Economic Impact Payments Regardless of Account Status

Fintech News Desk
by Fintech News Desk0
Comerica Bank announced that it is continuing to accept loan applications for the Small Business Administration’s Paycheck Protection Program in expectation of additional funds being approved by Congress. Additionally, Comerica is ensuring that all Economic Impact Payments (EIP)-eligible customers receive their full stimulus payment regardless of their account status. Read......
Banking Business Fintech News

NYMBUS SmartLenders™ Continues Accepting Paycheck Protection Program Loan Applications from New and Non-Bank Small Businesses

Fintech News Desk
by Fintech News Desk0
NYMBUS continues to help financial institutions and small businesses respond to the impact of COVID-19 through its SmartLenders Program that provides the fastest processing of Small Business Administration (SBA) Paycheck Protection Program (PPP) guaranteed loans. With Congress ready to make an additional $310 billion in PPP loan funds available, the urgency has never......
Banking Fintech News

Barclays Launches CLBIL Scheme to Support Large Corporate Banking Clients Impacted by Coronavirus (Covid-19) in the UK

Fintech News Desk
by Fintech News Desk0
Barclays is extending its support to businesses not covered by the Coronavirus Business Interruption Loan scheme, and not eligible for support under the COVID-19 Corporate Finance Facility, through the launch of the Coronavirus Large Business Interruption Loan scheme. Backed by a UK Government guarantee, Barclays will provide lending of up......
Banking Fintech News

Financial Institutions Digitally Process and Approve Over $30 Billion in Paycheck Protection Program Loans Using Ncino

Fintech News Desk
by Fintech News Desk0
nCino, the worldwide leader in cloud banking, announced that financial institutions using the nCino Banking System have been able to swiftly and digitally provide more than $30 billion for their eligible small business clients through the Small Business Association’s Paycheck Protection Program (PPP). Read More: Finhabits Launches Microlearning Journeys to Help Diverse......
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