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PPP

FintechNews RoundupUSA
·May. 1, 2020

Google Releases AI Tool for Processing PPP Loans

Google has developed an AI tool to help lenders process PPP loan applications; the solution, called PPP Lending AI, can...
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FintechNews RoundupUSA
·Apr. 27, 2020

Round Two of the PPP Opens Today Amid Huge Demand

The second round of the Paycheck Protection Program launched this morning at 10:30am ET; Congress approved $484 billion in additional...
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FintechNews RoundupUSA
·Apr. 27, 2020

Mark Cuban Chimes in on Alternative to PPP Loans

Mark Cuban believes that businesses looking for funding through the PPP creates too much hassle in an economic crisis and...
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FintechNews RoundupUSA
·Apr. 24, 2020

House Passes $484 Billion Relief Bill to Replenish PPP

Yesterday the House overwhelmingly passed a relief bill that, among other things, will provide a much needed top up of...
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FintechNews RoundupUSA
·Apr. 23, 2020

How the 202nd Largest Became Became a Prominent PPP Lender

Union Bank & Trust is a family-owned institution with 900 employees; they are by far a big name in banking,...
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FintechNews RoundupUSA
·Apr. 28, 2020

Round Two of PPP Loan Program Off to Rocky Start

Yesterday round two of the PPP loan program kicked off after Congress allocated an additional $310 billion to the program;...
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FintechNews RoundupUSA
·Apr. 27, 2020

SoFi Assisted in PPP Program Through Comparison Site ‘Lantern’

SoFi shared in a press release that they had helped funnel over $75 million in loan applications to lenders for...
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FintechNews RoundupUSA
·Apr. 27, 2020

Lend Academy Podcast: Scott Stewart of the ILPA

Scott Stewart is the CEO of the Innovative Lending Platform Association or ILPA; ILPA members include many of the large...
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FintechNews RoundupUSA
·Apr. 24, 2020

The $60 Billion Carve Out for Small Lenders Won’t Solve PPP Problems

Congress tried to solve the problem of large businesses obtaining loans from the PPP by giving more money to smaller...
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FintechNews RoundupUSA
·Apr. 23, 2020

Lendio Partners with Jack Henry & Associates

Lendio has had a lot of success in helping small businesses; they have processed over 70,000 Paycheck Protection Program applications...
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