Por: Business Insider Business December 17, 2022
America's fintech darlings became the by easing the process for troubled small-business owners, but now they're in hot water over suspicions that they facilitated fraud.The US House Select Subcommittee on the Coronavirus Crisis released a this month that named Blueacorn, Womply, Bluevine, and Kabbage among fintechs and small-business lenders that failed to prevent fraudulent loans. Small businesses benefited most from fintechs'... + full article
New York Post USA Business December 02, 2022
Financial tech companies that were acting as go-betweens to facilitate the of the coronavirus pandemic defrauded the federal government out of large sums of money, according to a report. A congressional report names at least three companies — Blueacorn, Womply and Kabbage —... + más
House panel says lax screening helped facilitate PPP fraud | Associated Press
House panel says lax screening helped facilitate PPP fraud | WPLG Local 10
NBC News USA Business December 01, 2022
A couple who founded an Arizona-based financial technology firm in the early days of the pandemic raked in an estimated $120 million in processing fees from handing out billions in Paycheck Protection Program loans even though their company did little to police fraud, according... + más
Associated Press USA Politics December 01, 2022
WASHINGTON (AP) — Financial technology firms abdicated their responsibility to screen out fraud in applications for a federal program designed to help small businesses stay open and keep workers employed during the pandemic, by a House investigations panel said Thursday.The... + más
PPP SMALL BUSINESS LOANS: How $525 billion in coronavirus-linked loans were spread across banks lenders | Business Insider
WPLG Local 10 USA Politics December 01, 2022
WASHINGTON – Financial technology firms abdicated their responsibility to screen out fraud in applications for a federal program designed to help small businesses stay open and keep workers employed during the pandemic, by a House investigations panel said Thursday.The House... + más
Forbes USA Business October 13, 2022
Is Europe’s fintech boom on the verge of fizzling out? New data from investment manager Finch Capital suggests it just might be. A period of record fundraising appears to have come to an end, the data shows, exits are declining and the sector’s hiring has also slowed. Finch... + más
Market turbulence, inflation, geopolitical uncertainty prompt dip in fintech investment: KPMG | Fox Business
When is the next Steam Sale? | Newsweek
MarketWatch USA Politics September 29, 2022
Earlier this month, Houlahan and 39 other Democratic lawmakers signed onto a to SBA Administrator Isabella Guzman inquiring if her agency “has the legal authority needed to make amounts of PPP loans received due to ‘excess loan amount errors’ eligible for loan... + más
Conservative Group Asks Judge to Block Student Loan Forgiveness | Time
Business Insider USA Business September 23, 2022
In April 2020, the US government launched the historic Paycheck Protection Program (PPP) for banks to provide financial assistance to small businesses struggling amid the COVID-19 pandemic. A staggering $659 billion was allocated to the PPP across two separate installments, with... + más
Bayley Comments on Sasha Banks and Naomi's Hiatus, Potential Return to WWE | Bleacher Report
US has sent $8.28 billion in pandemic funds to local lenders | Associated Press
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