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Banks Urge SBA to Keep Ban on Fintech Lenders

Banks Urge SBA to Keep Ban on Fintech Lenders

Entities that are not federally regulated should not be allowed to make SBA-approved loans, industry groups argue
PPP Fraud Shows Community Bank Strength, Says ICBA

PPP Fraud Shows Community Bank Strength, Says ICBA

Several fintech companies have been accused of poor practices when handling PPP loans
Five banned for CARES Act fraud

Five banned for CARES Act fraud

The individuals fraudulently claimed more than $356,000 in emergency assistance loans designed for small businesses
Fintech Update: Banks, Credit Unions Strike More Partnerships

Fintech Update: Banks, Credit Unions Strike More Partnerships

Cross River Bank, First National Bank of North Arkansas and Bellwether Credit Union have all partnered with fintech firms
Banks crucial to small business capital formation, SEC data finds

Banks crucial to small business capital formation, SEC data finds

Small businesses rely heavily on loans or lines of credit for capital funding, research suggests
Weak loan demand, low net interest margins, and cyber threats continue to harm banks, according to the OCC

Weak loan demand, low net interest margins, and cyber threats continue to harm banks, according to the OCC

Operational and strategic risk elevated as Covid-19 relief winds down
Philanthropic intermediary receives funding to scale impact

Philanthropic intermediary receives funding to scale impact

Moore Impact intends to reinvest to support “Power Champions” working at the intersection of racial inequality and Covid-19
Customers satisfied with bank PPP dealings, study finds

Customers satisfied with bank PPP dealings, study finds

Study from J.D Power reveals banks have made good after pandemic loan scrutiny
Leveraging the Power of Expanded Data to Increase Financial Inclusion

Leveraging the Power of Expanded Data to Increase Financial Inclusion

In sharp contrast with 2020, this summer is starting to show promising signs of a return to normalcy
Banks Face PPP Investigations, Lawyers Warn

Banks Face PPP Investigations, Lawyers Warn

Several banks including JP Morgan and Bank of America have already come under scrutiny
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