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South African banking challenger Tyme to launch in Asia
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South African banking start-up Tyme has raised $ 110 million from investors to develop and launch a digital bank…
TechCabal Daily – African digital lenders anticipate high default rates
How are digital lending companies responding, especially at a time when cash is critical?
Digital lenders are filling the lack of access to credit that exists in African countries. In Kenya alone, there are around 50 of these applications…
Online lenders and human lenders charge minorities more for mortgages
Online lenders and human lenders earn 11-17% higher profits on minority borrowers by charging African Americans and Latinos higher rates, researchers at the University of California at Berkeley have found.
It's not just racially…
Historical barriers and structural inequalities still explain the gap between blacks and whites in…
“Statistics can often be ignored or filed. However, when the story is told through the eyes of young black Americans facing the difficulties of trying to buy a home for a growing family, you clearly see that structural remedies and…
Chinese banking regulator berates Xiaomi-backed online bank XW Bank for charging 30% service fee on…
China's banking regulator has issued a warning against an internet lender only backed by Xiaomi for breaking the country's lending rules, as it steps up its scrutiny of financial firms by technology platforms.The verbal reprimand follows…
Regional Office Websites – Veterans Benefits Administration
VA regional offices will reopen
Some regional offices have reopened with limited hours and services. We may screen visitors due to COVID-19 and be required to wear a face mask or blanket and disinfect / wash our hands. For your safety…
Australian Prime Minister says Bing could replace Google
CANBERRA, Australia >> The Australian Prime Minister said on Monday that Microsoft was confident it could fill the void if Google followed through on its threat to pull its search engine out of Australia.
A Google executive told a…
Eleventh Circuit Finds SBA May Deny Payment Protection Program Loans to Bankrupt Debtors | Foley…
The Eleventh Circuit recently upheld the US Small Business Administration (“SBA”) rule that makes bankrupt debtors ineligible for a Payment Protection Program (“PPP”) loan under Coronavirus Aid, Relief, and Economic Security Act (“CARES…
InterFace roundtable: capital for investment of working adults is available, but…
While the recession caused by the COVID-19 pandemic has certainly made life more difficult for active adult investors, there is still capital available. It just got harder to come by.“Fairness is pretty rational right now. This is the…