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Credit Card Debt Over $1 Trillion Draws Attention from Congress

Credit Card Debt Over $1 Trillion Draws Attention from Congress

Interest rates for credit card holders have climbed to a record high of more than 20%
10-year Treasury yield Major Concern for Regional Banks

10-year Treasury yield Major Concern for Regional Banks

The ten-year treasury yield has reached 4.8% to levels not seen in 15 years
At Least We Are Not in Turkey: The Country’s Central Bank Raises Interest Rates to 30%

At Least We Are Not in Turkey: The Country’s Central Bank Raises Interest Rates to 30%

The United States seems to be in better shape relative to the rest of the world
Capital Bank Launches New Lender Finance Group

Capital Bank Launches New Lender Finance Group

Scott Lisman and Thomas Scott have joined the bank to run the group
Expanding SME Lending through Flexible Decisioning Models

Expanding SME Lending through Flexible Decisioning Models

90% of businesses worldwide are small and medium enterprises, or SMEs
Bank of America, Wells Fargo Hit Minority Investment Targets

Bank of America, Wells Fargo Hit Minority Investment Targets

The banking giants have fulfilled pledges made last year to boost investment in minority-owned banks and businesses
Blue Ridge Bank Launches PPP Platform for Self-Employed

Blue Ridge Bank Launches PPP Platform for Self-Employed

Platform will help gig workers and contractors access government Covid-19 support
What the Post-Pandemic Banking Landscape Will Look Like

What the Post-Pandemic Banking Landscape Will Look Like

The PPP and related changes to operations could reshape some areas of the banking sector, says PwC
Nearly 5m Now in Forbearance Due to Pandemic, Says Survey

Nearly 5m Now in Forbearance Due to Pandemic, Says Survey

Less than a quarter of homeowners in forbearance have managed to make payments for May, according to fintech firm Black Knight
How to Commit Stimulus Fraud

How to Commit Stimulus Fraud

Officials have dumped an enormous amount of money into the economy in a matter of weeks. That means the environment is ripe for fraud.
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