lenders

A lender is an individual, a public or private group, or a financial institution that makes funds available to another with the expectation that the funds will be repaid. In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed.

Source: en.wikipedia.org

China Drafts Updates To Commercial Bank Regulations
China Drafts Updates To Commercial Bank Regulations
October 16, 2020  |  International

As it aims to bolster methods of market exit and risk disposal for institutions that loan money, the central bank of China introduced a draft...

READ MORE >
In South Africa, Improving SMB Cash Flow – And Trade Credit Pain Points
In South Africa, Improving SMB Cash Flow – And Trade Credit Pain Points
October 02, 2020  |  B2B Payments

No matter where you look, the pandemic has shone a spotlight on the pressures faced by smaller firms trying to manage cash flow. Getting funding...

READ MORE >
FIS, The Clearing House Partner To Connect Small, Mid-Sized Banks, CUs To RTP
FIS, The Clearing House Partner To Connect Small, Mid-Sized Banks, CUs To RTP
September 23, 2020  |  Faster Payments

FIS has partnered with The Clearing House (TCH), the operator of the nation’s payments system infrastructure to provide instant settlements to small to mid-sized banks and credit unions...

READ MORE >
Today In Digital-First Banking: ClearBank Unveils Multicurrency Accounts; LoanDepot Eyes IPO
Today In Digital-First Banking: ClearBank Unveils Multicurrency Accounts; LoanDepot Eyes IPO
September 18, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, ClearBank has begun offering multicurrency bank accounts through an application programming interface (API), and LoanDepot is considering going...

READ MORE >
China’s Banks Lost Billions In Defaulted Loans, Set Aside Cash For More
China’s Banks Lost Billions In Defaulted Loans, Set Aside Cash For More
August 31, 2020  |  Loans

Five of China’s largest state-owned lenders reported their biggest profit losses in at least a decade, as the number of defaulted loans has skyrocketed since the onset...

READ MORE >
India’s Central Bank Warns Of Banking Crisis
India’s Central Bank Warns Of Banking Crisis
July 19, 2020  |  Banking

Rajnish Kumar, chairman of the State Bank of India, the country’s largest lender, said the resurgence of the coronavirus jeopardizes reform of the financial system,...

READ MORE >
EU Banks Face Massive Losses On Exiting Wirecard Loans
EU Banks Face Massive Losses On Exiting Wirecard Loans
July 17, 2020  |  Loans

The troubles afflicting Wirecard AG are not limited to the German payment processing company. Some European lenders say they expect to recover as little as 20...

READ MORE >
Lenders Tighten Credit Requirements Amid New Reporting Rules
Lenders Tighten Credit Requirements Amid New Reporting Rules
June 29, 2020  |  Loans

It’s a little harder for U.S. consumers to get credit as lenders retreat during the coronavirus crisis, The Wall Street Journal reported. The major reason...

READ MORE >
Wirecard Catches A $2B Break From Lenders On Loan Repayment
Wirecard Catches A $2B Break From Lenders On Loan Repayment
June 24, 2020  |  Loans

After a week of bad news, the embattled Wirecard AG caught a break from lenders that provided 1.75 billion euros ($2 billion) in credit to the German payment...

READ MORE >