Online Lending

Adopting Deciding Factors, Connecticut Supreme Court Grants Great Plains Lending Tribal Lending Entity Victory | Trout pepper

At the end of May, the Connecticut Supreme Court ruled [1] that the Great Plains Lending (Great Plains) tribal lending entity is protected by tribal sovereign immunity as an “arm of the tribe”, adopting a test first established by the Tenth Circuit in Breakthrough Management Group, Inc. v. Chukchansi Gold …

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Easy Street offers investors and homeowners the same mortgage rates

Online lender Easy Street has abandoned the usual practice of charging investors higher mortgage rates than homeowners. The Community First Credit Union subsidiary has simplified its pricing structure for fixed and variable loans, except those associated with current or previous special offers. The new structure means that there will be …

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ETF securities lending almost doubled in four years

Interested in ETFs? Visit our ETF Hub for investor insights and insights, market updates and analysis, and easy-to-use tools to help you select the right ETFs. Securities lending by exchange-traded funds has nearly doubled since 2017, according to data from EquiLend, reflecting the huge growth in assets under management across …

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PingPong Payments launches new PLN and SEK currency exchange services

FinTech Unicorn PingPong Payments Now Enables Marketplace Sellers, SMEs, and Large Business Traders to Access Europe’s Hottest Markets With Extensive Foreign Exchange Capabilities NEW YORK, June 8, 2021 / PRNewswire / – Global payment and e-commerce service provider PingPong Payments today announces the expansion of payment processing and foreign exchange …

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Saraswat Bank pre-approved student loan at lowest interest rate ever

Bombay, Maharashtra, India: Saraswat Bank, India’s largest urban cooperative bank, now offers pre-approved student loans to help students achieve their educational goals and aspirations. The Covid-19 pandemic has significantly impacted the financial situation of many households. Banks and other financial institutions played a central role during this period in lowering …

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Kessler Topaz Meltzer & Checker, LLP: final deadline reminder for investors of Ebang International Holdings Inc.

RADNOR, Pennsylvania., June 5, 2021 / PRNewswire / – Law firm Kessler Topaz Meltzer & Check, LLP reminds investors that a securities fraud class action lawsuit has been filed against Ebang International Holdings Inc. (NASDAQ: EBON) (“Ebang”) at name of those who bought or acquired Ebang securities Between June 26, …

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Bragar Eagel & Squire, PC Announces Class Action Lawsuit Has Been Filed Against Ebang International Holdings, Inc. and Encourages Investors to Contact Firm

Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, announces that a class action lawsuit has been filed in United States District Court for the Southern District of New York on behalf of investors who purchased Ebang International Holdings, Inc. (NASDAQ: EBON) between June 26, 2020 and …

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Ant’s profitability to take a hit with new consumer credit unit, Banking News & Top Stories

BEIJING • Ant Group’s most lucrative business, consumer credit, risks becoming less profitable as the Chinese financial juggernaut emerges from a six-month regulatory crackdown aimed at limiting its influence. While the writing has been on the wall for months, Thursday’s approval of its consumer credit unit with capital of 8 …

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Analytics and Automation Open Credit Markets to New Consumers

June 4, 2021 8 minutes to read This story originally appeared on ValueWalk Fintech’s Access Advantage: Alt Data and Analytics Open Credit Markets to New Consumers Letters, conferences and more on hedge funds in the first quarter of 2021 A new economy needs a new approach to underwriting; fintechs are …

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B2B payments today: Onit, Linear, Yooz

Share Tweeter Share Share Share E-mail Today, in B2B payments, Onit explores the tightening of corporate legal spend management and Linear reflects on the changing landscape of small business lending. In addition, Veem expands its local payment service to small businesses in Canada, Yooz launches its accounts payable software in …

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