PYMNTS
NOVEMBER 26, 2019
The company has a partnership with Amazon in which it lends to customers with low credit scores. Five senators wrote a letter to Amazon CEO Jeff Bezos, asking him to explain how security surveillance company Ring uses people’s data and video. In other Amazon news , the eCommerce giant is opening a store on the Chinese site Pinduoduo.
PYMNTS
SEPTEMBER 28, 2020
The financing is in addition to the liquidity provided by the $900 million asset-based lending led by Bank of America and a group of commercial banks.
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PYMNTS
JANUARY 18, 2021
With a second Paycheck Protection Program (PPP) on the way, small businesses have yet another chance to secure much-needed financial relief. Yet the new bill fails to address the gaps that allowed for fraudulent activity among some businesses that had secured PPP loans in the first round of stimulus, the publication alleges.
PYMNTS
APRIL 17, 2019
Payfone announced that it has secured a $24 million funding round, led by TransUnion. The funding also included participation from existing investors Synchrony, MassMutual Ventures, Massachusetts Mutual Life Insurance Company and Wellington Management.
PYMNTS
MAY 7, 2018
Recent inquiries from regulators in the federal securities and commodities realms have centered on Ethereum. For Ethereum, the topics under scrutiny include a familiar debate: whether it is in fact a security and thus subject to oversight by the Securities and Exchange Commission (SEC). of Massachusetts. Dodd-Frank.
PYMNTS
JULY 24, 2019
Stephen Lynch of Massachusetts pointed to the fact as many as 740 branches of the banks are within two miles of one another — and he raised concerns about branch closings and job losses. billion for small business lending. That overture, he said, will allow the combined firm to compete against the largest banks.
PYMNTS
NOVEMBER 27, 2017
The same unit in March agreed to fork over $22 million as part of an inquiry by the Massachusetts Attorney General over subprime auto loan securitizations. Auto lending is big business for Santander, representing $38.5 In 2015, Santander’s Consumer USA Holdings unit paid $9.35
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