loans

Lili Teams With Dun & Bradstreet on Business Banking
Lili Teams With Dun & Bradstreet on Business Banking
August 13, 2024  |  Partnerships

Lili, a small business-focused financial platform, launched a business banking collaboration with Dun & Bradstreet. “More than three-quarters of small business owners are concerned about...

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Neobanks Bet on Direct Deposits to Keep Fickle Consumers Sticky
Neobanks Bet on Direct Deposits to Keep Fickle Consumers Sticky
August 08, 2024  |  Digital Banking

For platforms and neobanks, establishing direct deposits with end users offers an on-ramp to cross-selling opportunities and a wealth of additional revenue streams. The momentum...

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CFPB to Crack Down on ‘Predatory’ Lending in Solar Industry
CFPB to Crack Down on ‘Predatory’ Lending in Solar Industry
August 07, 2024  |  Regulation

The Consumer Financial Protection Bureau (CFPB) released an issue spotlight and a consumer advisory about “predatory” lending related to solar panel installations and said it...

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Zest AI Launches Fraud Detection Solution
Zest AI Launches Fraud Detection Solution
August 07, 2024  |  Artificial Intelligence

Zest AI unveiled a tool to identify fraudulent activity during the loan decisioning process. Zest Project is designed to use artificial intelligence to respond to...

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Akuvo Adds Alacriti’s Loan Payment Processing Solution to Collections Platform
Akuvo Adds Alacriti’s Loan Payment Processing Solution to Collections Platform
August 06, 2024  |  Partnerships

Akuvo and Alacriti teamed up to offer financial institutions a loan payment processing solution that integrates directly into the collections process. Alacriti’s Orbipay EBPP loan...

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BMG Money, WebBank Team to Offer Employment-Based Loans
BMG Money, WebBank Team to Offer Employment-Based Loans
August 06, 2024  |  Partnerships

Salt Lake City, Utah-based WebBank is teaming up with BMG Money to expand access to lower-cost loans. The partnership aims to broaden financial inclusion for employees...

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CredibleX and Fracxn Partner on Financing Solutions for Small Businesses
CredibleX and Fracxn Partner on Financing Solutions for Small Businesses
August 05, 2024  |  Partnerships

CredibleX and Fracxn partnered to provide small- to medium-sized businesses (SMBs) with access to a variety of financing solutions. With this collaboration, Fracxn’s instant financing...

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Aviva Raises $5.5 Million to Provide Financial Services to ‘Underserved’
Aviva Raises $5.5 Million to Provide Financial Services to ‘Underserved’
August 05, 2024  |  Investments

Mexico-based FinTech Aviva has raised $5.5 million in seed funding. “This oversubscribed round highlights the strength of our model’s unit economics, as well as our...

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Earnings Season Shows Business Demand for Working Capital Remains Robust
Earnings Season Shows Business Demand for Working Capital Remains Robust
August 02, 2024  |  SMBs

Although all eyes this earnings season might be focused on consumer spending, there are several puts and takes on business demand for working capital, particularly...

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