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Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink

PYMNTS

Plus, Pilot Company collaborates on fleet factoring, Revolution Payments launches Level III commercial card processing and Porter Capital launches new PPP funding tools. Burton, the founder of a record label in Arkansas, got $78. bank profits are expected to sink. About 300 SMBs Received Less Than $99 In PPP. 11) announcement.

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Mobilizing Student Loan Disbursements

PYMNTS

Some lenders are turning to reloadable debit cards and other disbursement tools to both provide more direct loan fund access and retain greater transparency. Others are looking to additional solutions to solve student lending problems. New and innovative disbursement methods are bringing change to the industry, though.

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Fintech Fundings: 26 Companies Raised $270 Million Week Ending May 6

Fintech Labs Insights

Commercial real estate leasing & asset management platform. Prepaid debit card. Banking & wealth management platform. Tags: Banks, advisors, banking, wealth management, investing. Fintech deals by size from 30 April to 6 May 2016: VTS. Latest round: $55 million Series C. Total raised: $87.7 HQ: New York City.