The US government is botching hundreds of billions of dollars of payments per year, according to a new report.
The Government Accountability Office (GAO) says...
A Dallas man and the digital currency company he created are in hot water after being charged with defrauding a financial program introduced during the COVID...
+Â Â Â Â NMG has opened a New York corporate office to further service and interact with the U.S. investment community. +Â Â Â Â NMG has also set up a comprehensive Investor Relations function in New York, with the appointment of Mr. Mark Mitchell, of Matrix Advisors, who will be focusing on servicing the U.S. market. +Â Â Â Â At the same time, the […]
Artificial intelligence is transforming lending, helping borrowers make better decisions and empowering lenders to deliver satisfying customer experiences. The most important trend shaping AI in lending this year, however, centers on accelerating fairer and more inclusive practices across lending. Traditional lending practices reflect human bias, making it harder for applicants from diverse backgrounds and life […]
Nearly 18 months ago, Congress, the White House, and the financial services industry undertook an unprecedented joint effort to inject hundreds of billions of dollars into the economy through loans to millions of small businesses. The Paycheck Protection Program (PPP) would eventually distribute over $800 billion in just 13 months with the disbursement of 80% […]
Cross River Bank is deepening its small-business offerings with the purchase of Betterfin, a startup backed by Reddit Inc. co-founder Alexis Ohanian.
Betterfin is...
Researchers from the University of Texas published a study Tuesday morning that claims fintech lenders who participated in the Paycheck Protection Program dropped...
These days, people are getting creative in funding their cryptocurrency ventures. But there’s a fine line between being resourceful and doing something illegal. Unfortunately, for this man, he failed to distinguish the difference between the two. A man named Lebnitz Tran was charged by the U.S. Department of Justice for using a taxpayer-backed loan called […]