Articles with tag: borrowers

Found 3 results in 163 milliseconds.

JP Morgan pledges USD 30 bln for reducing racial wealth gap

08 Oct 2020 | Payments General

JP Morgan has declared it would commit USD 30 billion to address racial inequality over the next 5 years, according to Reuters.

JP Morgan, racial wealth gap, racial inequality, Reuters, mortgage, Black borrowers, Latino borrowers, housing project, small business loans, banks, philanthropy, minority suppliers, Bank of America, Citigroup, Community Development Financial Institutions, CDFIs, loans

US banking regulators urge banks to help borrowers struggling due to coronavirus

26 Mar 2020 | Payments General

US banking regulators have announced they would not penalize banks that help borrowers struggling to repay loans due to the coronavirus outbreak, and vowed to provide “appropriate regulatory assistance” to affected institutions.

US, banking, regulators, banks, borrowers, coronavirus, loans

OakNorth Bank and secure payments solution Shieldpay announce partnership

23 Sep 2019 | Payments General

UK-based OakNorth Bank has announced a strategic partnership with payments solution, Shieldpay, to launch escrow accounts for borrowers.

OakNorth Bank, Shieldpay, partnership, payments solution, bank, UK, escrow accounts, borrowers, ClearBank, pending payments process, Europe