Articles with tag like: debt

Found 13 results in 656 milliseconds.

'Buy now, pay later' users struggling to pay back debts, Compare the Market reveals

News | Online Payments | 03 Feb 2021

Compare the Market has revealed that a fifth of 'Buy Now, Pay Later' (BNPL) users are unable to pay back Christmas spending without taking on more debt.

Compare the Market, Buy Now, pay later, BNPL, instalment payments, FCA, debt

Aryza acquires HubSolv

News | Online & Mobile Banking | 21 Jan 2021

The Aryza Group has announced the acquisition of HubSolv, a move that seeks to strengthen Aryza’s position within the financial services and insolvency market, according to the official press release. 

Aryza, HubSolv, UK, FCA, Open Banking, AI, financial services, RAISP, insolvency, lending, debt, collection

Italy to take on USD 17 bln of UniCredit bad loans to ease MPS sale, Reuters

News | Payments General | 08 Jan 2021

Italy has plans to take on about EUR 14 billion (USD 17 billion) of UniCredit’s impaired loans to make a takeover of state-owned Monte dei Paschi more attractive for the bank, according to Reuters

Italy, UniCredit, MPS, Monte dei Paschi bank, takeover, AMCO, debt, high-risk loans, treasury, Mediobanca, UBS, JP Morgan, Credit Suisse, Bank of America, Orrick, ECB

FCA highlights continued support for consumers struggling with payments

News | Payments General | 23 Oct 2020

The Financial Conduct Authority has urged consumers struggling to make repayments due to the impact of coronavirus (Covid-19) to speak to their lenders about options available to them. 

Financial Conduct Authority, lending, loans, repayments, COVID-19, financial resilience, debt, payments, bills

ClearBank, Tide partner to grant GBP 25 mln to SMEs

News | Payments General | 23 Sep 2020

Cloud-native clearing bank ClearBank and UK-based business banking platform Tide have been awarded GBP 25 million to help UK-based SMEs grow after the coronavirus pandemic.

ClearBank, TIde, SMEs, UK, United Kingdom, grant, award, clearing bank, business banking platform, coronavirus, pandemic, financial support, Brexit, government, digital services, Open Banking, funding, debt, equity, digital payments, Business Development

Artis adds USD 1.5 mln through new funding

News | Payments General | 26 Aug 2020

US-based fintech startup Artis has opened a new seeding round in support of onboarding first financial partners and growing capabilities of consumer loan platforms.

Artis Technologies, Artis, fintech, startup, US, United States, seeding round, funding, onboarding, financial partners, consumer loan platforms, lending, financing, Fintech Ventures Fund, debt, equity financing, Artis Connect, Artis Credit, banks, credit unions, lenders, financial institutions

FCA announces support for struggling customers

News | Payments General | 22 May 2020

The Financial Conduct Authority (FCA) has announced proposals aimed at supporting for customers who are struggling to pay their mortgage due to coronavirus crisis.

FCA, mortgage, coronavirus, COVID-19, payments, payment holiday, debt

Dreams, Silverlake Symmetri to launch B2B platform

News | Payments General | 18 May 2020

Sweden-based fintech Dreams has partnered with Singapore-based software service provider Silverlake Symmetri to launch a B2B platform.

Dreams, Silverlake Symmetri, B2B platform, savings, debt, financial coaching, banking, payments

Verafin secures USD 515 mln funding for fraud detection services

News | Digital Identity, Security & Online Fraud | 26 Sep 2019

Financial crime management software company Verafin has secured a half-billion dollars in debt and equity financing to spur expansion among large banks.

Verafin, debt, equity funding, fraud detection, banks, financial crime, fraud, credit unions, US, financial institutions

Quebec introduces new credit card regulations

News | Cards | 02 Aug 2019

The Quebec government has issued several changes to credit card payments in a bid to help people manage their debt more effectively.

Quebec, Canada, credit card, debt, payment

NIBC Bank and OakNorth sign five-year agreement

News | Payments General | 03 Jul 2019

Netherlands-based NIBC Bank has strengthened its existing partnership with OakNorth, by entering into a five-year contract with the credit platform.

NIBC Bank, OakNorth, partnership, Netherlands, credit platform, fintech, financial technology, Europe, Commercial Bank, financing, debt, equity

Kantox completes second debt financing of USD 5 mln

News | Payments General | 18 Apr 2019

Kantox, a provider of FX management solutions for businesses, has just closed its second venture debt financing deal with Silicon Valley Bank (SVB), a USD 5 million loan package.

Kantox, debt, financing, venture, loan package

TransNational Payments innovates for students with loan debt

News | Online Payments | 21 Feb 2018

TransNational Payments, an e-payments processing company, has launched Be Your Own Boss, a college programme dedicated to students with loan debt.

TransNational Payments, US, student loan, debt, online payments, e-payments, Be Your Own Boss