Alternative Investment Management, LLC

Ivy Lender | May 04, 2020

Ivy Lender has called out banks and fintechs for exploiting the Paycheck Protection Programme (PPP). SBA has tried to tackle the unequal treatment to small businesses many of which are now suing major banks.

FINANCIAL MANAGEMENT

Argyle and Highline | August 30, 2022

To meet the needs of U.S. consumers who are normally shut out of affordable credit products, payments fintech Highline Technologies and employment data platform Argyle have partnered to bring payroll-linked lending and billpay capabilities to lenders nationwide. With payroll-linked lending, consumer loans are automatically repaid through preset distributions directly from the borrower’s paycheck. This benefits consumers by providing them access to lower cost credit through m...

Wall Street | April 07, 2020

U.S. stocks are set to push higher at the open Tuesday, continuing Monday’s strong gains, on tentative signs the spread of coronavirus is slowing as well as talk of more funds to support the battered economy. At 7:00 AM ET (1100 GMT), futures for the S&P 500 traded 89 points, or 3.4%, higher, futures for the Nasdaq up 251 points, or 3.1%. The Dow futures contract rose 817 points, or 3.6%. Wall Street closed firmly higher Monday, with all three major cash indices up over 7%, the best se...

JPMorgan | February 13, 2020

JPMorgan Chase & Co (JPM.N) has told financial technology companies that they will be barred from accessing its customer information by July 30 if they do not sign data access agreements with the bank and agree to a plan to stop using customer passwords to gather the data. The largest U.S. bank by assets set the new deadline in a letter sent to the companies in late January, in which it also said they must agree a “concrete plan” to transition to a new method of collecting custom...