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Metro Bank Links With ezbob For Same-Day SMB Loans

PYMNTS

To provide a digital lending offering for small business clients, Metro Bank has collaborated with banking software provider ezbob. Metro Bank Chief Commercial Officer Paul Riseborough said, according to reports, “We know quick, reliable access to finance is crucial for small businesses to seize opportunities to grow.

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UK’s Metro Bank Attacked By Cyber Fraud

PYMNTS

Metro Bank, a British financial institution launched in 2010, said it was targeted by cybercriminals in a scheme where a vulnerability in text messaging between the bank and customers was used as an attack, according to a report by Reuters. billion) hit to the bank’s levels of capital. The bank said on Monday (Feb.

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Metro Fails To Attract Investors To Bond Issue

PYMNTS

Metro Bank in the U.K. Metro Bank PLC thanks the broad number of investors who have met with the company and shown interest in their potential inaugural MREL issuance,” the bank said. Given the current market conditions though Metro have elected to not proceed with a transaction at this time.”.

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Metro Bank Pulls Back On Commercial Lending

PYMNTS

challenger bank Metro Bank, the financial institution is reportedly looking to reduce its corporate loan exposure and wind down commercial lending operations. Metro will look to instead focus on residential property financing as it seeks a new chairman. Following a series of setbacks for U.K. The Times on Sunday (Sept.

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Things worth reading: 19th September 2019

Chris Skinner

Things we’re reading today include … Cash strapped students targeted as money mules U.S.

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Car Talk: Shift Announces Plans To Go Public

PYMNTS

“We are excited to partner with Shift and its world-class management team as it leverages its technology platform to disrupt the $840+ billion used car market,” said Daniel Cohen, chairman of the board of directors of Insurance Acquisition Corp. Arison said the move was about adding capital to scale the company.

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Home Sales Up 0.6 Pct In April Despite Lockdown

PYMNTS

million, a 19 percent decline from April 2019. “… there is an undercurrent of long-term positivity in the housing market that will likely allow for a strong rebound,” said Dean Mon, chairman of the National Association of Home Builders (NAHB), in a statement last week. In April, 1 million permits were issued in the U.S. That’s down from 1.3

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