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COVID-19 PPP loan borrower fraud fueled by fintechs, report finds

COVID-19 PPP loan borrower fraud fueled by fintechs, report finds
freep.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freep.com Daily Mail and Mail on Sunday newspapers.

Fintechs found to be much more likely to approve suspicious PPP loans

Fintechs were almost five times more likely than traditional lenders to be involved with suspicious loans issued through the U.S. government's Paycheck Protection Program, according to a new study.Nine of the 10 lenders with the highest rates of suspicious loans were financial-technology firms,…

COVID-19 PPP loan borrower fraud fueled by fintechs, report finds

COVID-19 PPP loan borrower fraud fueled by fintechs, report finds
usatoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usatoday.com Daily Mail and Mail on Sunday newspapers.

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