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

Trade Ledger Launches Invoice Finance-as-a-Service
Trade Ledger Launches Invoice Finance-as-a-Service
June 20, 2019  |  B2B Payments

Open Banking platform Trade Ledger is introducing an invoice financing solution for banks and alternative lenders, the company announced this week. A press release on...

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Amazon Launches Lending Referral Program In China
Amazon Launches Lending Referral Program In China
May 09, 2019  |  Amazon Innovations

Amazon has launched a new lending service in China dubbed Lending Referral Program, which is open to select merchants that sell products on its site....

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Inflated Credit Scores Put Lenders At Risk
Inflated Credit Scores Put Lenders At Risk
April 08, 2019  |  Loans

Goldman Sachs and Moody’s Analytics are warning that credit scores of consumers have been inflated during the past ten years, hiding the danger of defaults...

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FCA Calls For Lenders To Curb ‘Unacceptable’ Fees
FCA Calls For Lenders To Curb ‘Unacceptable’ Fees
March 07, 2019  |  Consumer Finance

The Financial Conduct Authority (FCA), the U.K.’s financial watchdog, has found that some lenders are inflicting their credit card customers with an “unacceptable” number of...

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Regs To Banks: Go Easy On Govt Workers
Regs To Banks: Go Easy On Govt Workers
January 11, 2019  |  Loans

As Friday (Jan. 11) came and went and government workers affected by the 21-day shutdown didn’t receive paychecks, U.S. banking regulators asked lenders to help...

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Danske Bank Whistleblower Implicates Major EU Bank, US Lenders
Danske Bank Whistleblower Implicates Major EU Bank, US Lenders
November 19, 2018  |  Security & Fraud

Danske Bank whistleblower Howard Wilkinson, speaking during a public hearing at the Danish parliament Monday (Nov. 19), contended that a major European bank helped to...

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How The New FICO Will Change The Credit Landscape For Borrowers
How The New FICO Will Change The Credit Landscape For Borrowers
October 24, 2018  |  Consumer Finance

After years of focusing nearly entirely on a consumer’s payment history, FICO has announced that as of 2019 it will be rolling out a new...

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Toys R Us Brand Might Make A Comeback
Toys R Us Brand Might Make A Comeback
October 03, 2018  |  Retail

In a potential revival of the Toys R Us brand, lenders are looking to reorganize the company’s assets into a new company. The firm would...

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Banks Lure Deposit Customers With Increased Cash Bonuses
Banks Lure Deposit Customers With Increased Cash Bonuses
June 25, 2018  |  Bank Regulation

Rising interest rates on the part of the Federal Reserve for the past few years hasn’t prompted a lot of banks to raise the rates...

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