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

Deluge Of SMB Applications Prompts Lenders To Drop Out Of UK Stimulus Program
Deluge Of SMB Applications Prompts Lenders To Drop Out Of UK Stimulus Program
April 01, 2020  |  Coronavirus

Already buried in emergency loan applications from small and medium-sized businesses (SMBs), five U.K. lenders have dropped out of the Coronavirus Business Interruption Loan Scheme...

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Big Businesses Tap $124B From Credit Lines To Stay Afloat
Big Businesses Tap $124B From Credit Lines To Stay Afloat
March 25, 2020  |  Coronavirus

Over 130 businesses across Europe, North America and South America have drawn cash from at least $124.1 billion in credit lines to stay afloat during the...

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EU Regulator Loosens Requirements For Bank Mergers
EU Regulator Loosens Requirements For Bank Mergers
January 26, 2020  |  Bank Regulation

Europe’s main banking regulator, an arm of the ECB, is trying to make it easier for the continent’s financial lenders to merge. The logic is...

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Travelex Attack Forces UK Banks To Halt Foreign Currency Service
Travelex Attack Forces UK Banks To Halt Foreign Currency Service
January 09, 2020  |  Security & Fraud

Lenders including Barclays, HSBC, Royal Bank of Scotland and Virgin Money had to stop foreign currency services after exchange provider Travelex was hit by a...

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Regulators Support Alternatives To Assess Creditworthiness
Regulators Support Alternatives To Assess Creditworthiness
December 04, 2019  |  Regulation

Federal banking regulators support using alternative methods to assess creditworthiness to help high-risk people get loans, The Wall Street Journal (WSJ) reported on Tuesday (Dec....

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Experian Introduces Open Data To Streamline Business Loans
Experian Introduces Open Data To Streamline Business Loans
October 30, 2019  |  B2B Payments

Experian has launched a new Open Data lending solution that makes it quick and easy for small businesses (SMBs) to apply for financing, according to...

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Firms Offered More Time To Adopt New Accounting Standards
Firms Offered More Time To Adopt New Accounting Standards
October 18, 2019  |  B2B Payments

The Financial Accounting Standards Board (FASB), which establishes accounting standards in the U.S., is offering corporates more time to adopt some revised standards, The Wall...

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Ghana’s Central Bank Pulls Licenses Of 23 Financial Institutions
Ghana’s Central Bank Pulls Licenses Of 23 Financial Institutions
August 22, 2019  |  International

In August of 2017 Ghana’s government announced that it was going to clean house in its financial services sector — particularly among lenders and second-level...

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Validis, PayNet Streamline SMB Data Sharing For Lenders
Validis, PayNet Streamline SMB Data Sharing For Lenders
July 10, 2019  |  B2B Payments

Commercial lending data company PayNet is teaming up with digital financial data sharing firm Validis to augment the small business loan data management and analytics...

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