Search Results for: loan administration

COVID-19 is Digitally Transforming Commercial Lending; Banks See Mass Adoption of Businesses Applying for Paycheck Protection Program Loans Online
Banking Business Fintech News

Numerated Launches Forgiveness Automation After Partnering with 70+ Banks to Originate 5% of Paycheck Protection Program Loans

Fintech News Desk
by Fintech News Desk0
Numerated, the financial technology company making it easy to purchase financial products from banks and credit unions, announced it has expanded its platform to automate Paycheck Protection Program loan forgiveness. As of , more than 70 banks and credit unions have used Numerated to launch digital lending for the Paycheck......
Abrigo’s New Asset/Liability Management Solution Helps Optimize Performance at Community Financial Institutions
Banking Business Fintech News

Four State Banking Associations Endorse Abrigo’s PPP Loan Forgiveness Solution

Fintech News Desk
by Fintech News Desk0
Four state and regional banking associations announced their endorsement of Abrigo’s Paycheck Protection Program (PPP) Forgiveness and Administration solution, part of the Sageworks SBA Lending solution, to aid their member banks in streamlining the loan forgiveness and administration process. Those associations include the California Community Bankers Network, Georgia Bankers Associations,......
AICPA PFP Conference at ENGAGE 2020 Focuses on Financial Planning During COVID-19
Business Fintech News

AICPA Says Treasury and SBA PPP Loan Forgiveness Application Leaves Many Questions

Fintech News Desk
by Fintech News Desk0
More Guidance and Flexibility Needed to Support Critical Small Business Relief Process The Treasury Department and Small Business Administration last night released a loan forgiveness application form for the CARES Act’s Paycheck Protection Program (PPP), which had been urgently sought by CPA firms and their small business clients in recent......
Financial Institutions Can Manage Forgiveness of Paycheck Protection Program Loans with Fiserv and its Clients
Banking Business Fintech News

Financial Institutions Can Manage Forgiveness of Paycheck Protection Program Loans with Fiserv and its Clients

Fintech News Desk
by Fintech News Desk0
Small businesses that have obtained a PPP loan can realize full impact of the program by applying for forgiveness via their financial institution and Fiserv Fiserv, a leading global provider of payments and financial services technology solutions, is ready to help banks and credit unions facilitate loan forgiveness applications and......
Western Union Provides Payment Services to 90,000 Members of Bank-Fund Staff Federal Credit Union
Business Cryptocurrency Economy Fintech News

Western Union Provides Access to Paycheck Protection Program Loans for Agents and Business Customers

Fintech News Desk
by Fintech News Desk0
The Western Union Company , a leader in cross-border, cross-currency money movement and payments, is now one of a few non-bank approved lenders providing access to small business loans through the U.S. Small Business Administration Paycheck Protection Program. The company now can accept loan applications online and provide financial assistance to eligible......
Barwick Banking Company is the Latest Bank to Select Finastra's Fusion Phoenix Core
Banking Business Fintech News

Finastra Helps Banks and Credit Unions Provide Critical Financial Support to Small Businesses With More Than 86,000 PPP Loans to Date

Fintech News Desk
by Fintech News Desk0
Finastra, one of the world’s largest financial technology solutions providers, announced that it has helped process more than 86,000 Paycheck Protection Program (PPP) loans to date, supporting community-focused banks and credit unions as they provide critical financial assistance for small businesses impacted by the COVID-19 pandemic. Finastra’s CARES Act solution –......
New FIS Portal Automates Loan Forgiveness Process for Small Businesses Under Paycheck Protection Program
Banking Business Fintech News

New FIS Portal Automates Loan Forgiveness Process for Small Businesses Under Paycheck Protection Program

Fintech News Desk
by Fintech News Desk0
With the second phase of the U.S. Small Business Administration’s Paycheck Protection Program (PPP) well underway as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, thousands of small businesses and merchants across America will soon be turning their attention to seeking forgiveness of loans they have borrowed......
Comerica Bank Processed Approximately 13,000 Paycheck Protection Program Loan Applications for Customers, Funding of $4.1 Billion
Banking Fintech Fintech Funding News

Comerica Bank Processed Approximately 13,000 Paycheck Protection Program Loan Applications for Customers, Funding of $4.1 Billion

Fintech News Desk
by Fintech News Desk0
Commits Additional $4 Million to Community Nonprofits Comerica Bank announces that it has processed and submitted approximately 13,000 Paycheck Protection Program (PPP) loan applications, all of which have been approved by the U.S. Small Business Administration (SBA). Currently, the total loans expected to be funded stands at $4.1 billion, with......
SpotOn and SoFi Partner to Connect SMBs with Federal Stimulus Loan Programs
Business Economy Fintech News

SpotOn and SoFi Partner to Connect SMBs with Federal Stimulus Loan Programs

Fintech News Desk
by Fintech News Desk0
Over 1,500 businesses have leveraged the SpotOn platform to access CARES Act loan programs SpotOn Transact, Inc (“SpotOn”), a leading software and payments company, announced its partnership with SoFi, an online personal finance company which leverages technology to bring financial products that help people get their money right. The partnership......
SignEasy Introduces New Features to Help SMBs Complete SBA Loan Applications Quickly and Securely
Fintech News

SignEasy Introduces New Features to Help SMBs Complete SBA Loan Applications Quickly and Securely

Fintech News Desk
by Fintech News Desk0
SignEasy, the leading eSignature solution used by over 130,000 customers  worldwide, launched a dedicated resource page, an updated iOS and Web app with a new functionality to help small and medium-sized companies download, complete and sign applications for the Small Business Administration’s (SBA) Payroll Protection Program (PPP) and Economic Injury Disaster (EIDL) loans. Read......
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