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Entities that are not federally regulated should not be allowed to make SBA-approved loans, industry groups argue
Several fintech companies have been accused of poor practices when handling PPP loans
The individuals fraudulently claimed more than $356,000 in emergency assistance loans designed for small businesses
Cross River Bank, First National Bank of North Arkansas and Bellwether Credit Union have all partnered with fintech firms
Small businesses rely heavily on loans or lines of credit for capital funding, research suggests
Moore Impact intends to reinvest to support “Power Champions” working at the intersection of racial inequality and Covid-19
Study from J.D Power reveals banks have made good after pandemic loan scrutiny
In sharp contrast with 2020, this summer is starting to show promising signs of a return to normalcy
Several banks including JP Morgan and Bank of America have already come under scrutiny
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