Fintech

How the coronavirus response could transform SBA

04/01/20

The pandemic may force the Small Business Administration to rely more on fintechs and digital channels to hasten loan approvals, a shift that could stick.

[more]

Microsoft will launch personal finance app with assist from Plaid

04/01/20

The app, set to roll out this month, will be offered to the 38 million Office 365 users and can connect via the data aggregator Plaid to all bank and card accounts.

[more]

How fintech can save small businesses on the brink

04/01/20

Lenders and government guarantors can use loan technology to bring immediate relief to business owners, former OCC official Jo Ann Barefoot says.

[more]

Why Moven, one of the first challenger banks, is calling it quits

03/27/20

Founder Brett King will now focus on the enterprise software side of the business, which provides mobile banking software to traditional banks.

[more]

Let fintechs make SBA loans

03/27/20

Online lenders can help the agency distribute loans faster as it gets set to deploy emergency funding to small businesses.

[more]

Emergency program gives fintechs a shot at SBA lending

03/26/20

No online lenders are approved for the agency's traditional programs, but they could make loans under the coronavirus stimulus package if they get special approval.

[more]

Fed’s new TALF has a major gap

03/26/20

Many borrowers will suffer unless the program, the central bank's latest response to the coronavirus pandemic, includes consumer loans issued by fintechs.

[more]

Challenger bank Revolut launches in the U.S.

03/24/20

The mobile-only bank offers many standard neobank features and some added payment options.

[more]

Consumers seek early access to wages to soften coronavirus hit

03/20/20

Workers living paycheck to paycheck are borrowing from companies like PayActiv, DailyPay and Branch to survive the economic impact of the pandemic.

[more]

Branch plans during outbreak, foreclosure pause, Wells Fargo's new top lawyer: Top stories of the week

03/20/20

Banks cutting back on branch services — or closing stores outright — to slow spread of coronavirus; Trump administration to halt foreclosures as pandemic worsens; Wells Fargo hires TD's Ellen Patterson as general counsel; and more from this week's most-read stories.

[more]