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The San Francisco startup plans to use the fresh funding to hire employees in its engineering team and to expand the number of platforms it works with.
September 24 -
The rise in prices caused by the attacks on Saudi Arabian oil installations should help banks recoup some losses from the 2016 downturn. Harder to gauge is the impact the price volatility will have on U.S. energy production and, in turn, loan demand.
September 23 -
The startup, Drum, provides a marketplace for small businesses to offer promotions to influencers who can help them drum up business.
September 23 -
All of the GOP members on the House Financial Services Committee called on the regulator to consider "administrative decisions" to offset the impact of the 2015 decision.
September 23 -
Building capital will help the mortgage agencies move toward the private sector; Virtual Wellness needs to assure banks it's safe to do business with them.
September 23 - Edit License
Tepid loan demand, falling interest rates and heightened competition from nonbank lenders are just some of the headwinds facing commercial lenders these days, but Ardalan believes MUFG can expand its credit appetite without compromising safety and soundness.
September 22 -
The Pennsylvania community bank has seen rapid growth in recent years, thanks in large part to its success in attracting women clients.
September 22 - Edit License
Di Gangi has already seen tremendous success in running small and medium business lending, but this year she stretched even further. Among other things, she spearheaded the launch of WE Source, an online tool that helps women entrepreneurs with insights into funding, networking, strategy and other business essentials.
September 22 - Edit License
As a longtime commercial real estate lender and one of highest-ranking women at Key, Mago has made it her mission to improve female and minority representation at both the bank and in her industry.
September 22 - Edit License
When Sharon Miller was tapped to lead small business banking at Bank of America, she says it was her dream job. "In my three years in this role, I feel I've helped elevate our small business capabilities beyond what I envisioned," she said.
September 22 -
StreetShares, started as a peer-to-peer service for veterans, has added a platform intended to connect small financial institutions and underbanked companies.
September 22 -
By turning to investors outside traditional banking, private-equity firms are finding it easier than ever to get loans to finance their buyouts of corporations that are nowhere close to being profitable.
September 20 -
The Michigan company sold collateral tied to Live Well, a mortgage company that has filed for bankruptcy protection.
September 20 -
A first-in-the-nation bill that drew unanimous support from the state Senate failed to get over the finish line this year. What happened?
September 19 -
Salaryo and Joust are among the companies catering to a clientele of underbanked entrepreneurs, Uber drivers and the like. Venture capital dollars are starting to follow.
September 19 -
Nitin Mhatre of Webster Financial explains why the Consumer Bankers Association — whose members want a bigger piece of the student lending market — backs legislation that would make the federal government tell borrowers how much they will ultimately owe, as private lenders are already required to do.
September 18 -
The popular program could go idle next month for the second time in less than a year if lawmakers are unable to approve a $99 million credit subsidy.
September 17 -
The company will offer deposit-related services to firms with permits for hemp and CBD.
September 17 -
Melissa Koide, co-founder and CEO of FinRegLab, analyzed loan data from six lenders that use cash-flow data in their underwriting. She shares what she found.
September 17 -
On Jun. 30, 2019. Dollars in thousands.
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