Articles with tag like: borrowers

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

News | Payments General | 26 Mar 2020

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

News | Payments General | 23 Sep 2019

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