Industries

Even as lockdowns ease, the trend toward remote work poses challenges for building owners and the banks that lend to them.

As banks pull back from energy lending, some of the world’s biggest hedge funds are rushing in to fill the gap in oil country.

The White House is working with state and local governments to distribute $46 billion in rental assistance and other programs over the next 30 days, aiming to prevent a flood of evictions when the federal eviction moratorium ends on July 31, administration officials said.

President Biden removed Mark Calabria as Federal Housing Finance Agency director hours after a Supreme Court ruling made the move possible. The administration is expected to offer up a nominee who will prioritize affordable housing and racial equity in housing instead of reforming Fannie Mae and Freddie Mac.

Under federal health plans, categories like dental still have steep out-of-pocket costs, creating opportunities for companies like Sunbit and Ally Lending to provide options at the point of care.

The fintech specializes in lending to dentists, veterinarians and other solo providers looking to grow or establish their own practice.

In buying the $1.5 billion-asset County Bancorp, Nicolet would become the second-largest bank in Wisconsin and the state’s No. 1 dairy lender. It's the second bank acquisition deal Nicolet has announced this quarter.

Emory Healthcare of Atlanta is using RevSpring's platform, which allows patients to key in card data that is shielded from customer service representatives.

The bank is launching a business called Morgan Health aimed at improving employee benefits and promoting health equity, first for JPMorgan’s workers and then for other large companies.

The U.S. arm of Mitsubishi UFJ Financial Group has hired nine bankers away from Wells Fargo in an effort to expand its restaurant finance group. The lender focused on the fast-casual and quick-serve segments during the pandemic and anticipates growth in that sector.

On Dec. 31, 2020. Dollars in thousands.

There are too many security, usability and reliability risks for QR codes to be the main driver of transit payment. NFC is likely better, says Carlypso Networks' Philippe Vappereau.

Loans and tax-subsidized investments by financial institutions have helped fund food markets and pantries in low-income communities. But there is still more work to do to close the grocery gap.

Oil and gas companies — flush with cash from rising oil prices — are catching up on debt payments and will seek new credit later in the year as the economy recovers, the Oklahoma company says.

House and Senate GOP members have stepped up criticism of a plan to include banks in a global push to cut emissions, saying it could cut off financial services access for energy and fossil fuel companies.

The bank's purchase of AxiaMed gives it a digital gateway to the medical industry, speeding deployment amid growing competition.

The bank's purchase of AxiaMed gives it a digital gateway to the medical industry, speeding deployment amid growing competition.

Payment processing and banking infrastructure provider Episode Six is expanding into the U.S. health care market through a partnership with Nomi Health, which emphasizes a digital-first approach to patient payments.

The agency's plan would strengthen requirements that banks use a minimum amount of their real estate for the business of banking, but three grade groups say banks need flexibility in the pandemic to manage occupancy.

With the pandemic driving the need for contactless payment options in health care settings, RevSpring has extended its Deviceless Payments offering to include point-of-service payments — turning payments into mobile transactions and bypassing the need for point of sale terminals.