Lending

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, and also to repay the principal amount borrowed.

Source: en.wikipedia.org

SBA Automatically Defers Existing Disaster Loans To Help Borrowers
SBA Automatically Defers Existing Disaster Loans To Help Borrowers
March 23, 2020  |  Coronavirus

To assist borrowers who are paying back U.S. Small Business Administration loans from past disasters, SBA Administrator Jovita Carranza has put into place automatic deferment...

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HSBC, Alibaba Link Up On Quick eCommerce Loans
HSBC, Alibaba Link Up On Quick eCommerce Loans
March 20, 2020  |  Loans

Banking giant HSBC and Cainiao Network Technology, which is a logistics arm of Alibaba Group, have announced they will offer rapid finance approvals to online...

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How Opening Bank Data Can Transform SMB Lending
How Opening Bank Data Can Transform SMB Lending
March 20, 2020  |  B2B Payments

Open banking’s impact on small- to medium-sized businesses (SMBs) continues to proliferate as traditional financial institutions (FIs) embrace the opportunity to unlock data for third-party...

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Ebury Powers Global Payments For Crédito Agrícola Corporates
Ebury Powers Global Payments For Crédito Agrícola Corporates
March 20, 2020  |  B2B Payments

U.K. payments platform Ebury and Portuguese bank Crédito Agrícola (CA) have forged a partnership to allow the bank to work with more customers online and...

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iwoca Debuts OpenLending Platform For Banks, FinTechs
iwoca Debuts OpenLending Platform For Banks, FinTechs
March 18, 2020  |  B2B Payments

One of the largest business lenders in Europe, iwoca, has announced a new platform called OpenLending that can bring together both FinTechs and banks and...

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Today In Payments: Coronavirus Triggers Crumbling Of China’s Economy; Apple Card Users Get Pass On March Payments
Today In Payments: Coronavirus Triggers Crumbling Of China’s Economy; Apple Card Users Get Pass On...
March 16, 2020  |  News

In today’s top news, factory production in China experienced its worst decline in 30 years, and Apple Card users will be allowed to skip March...

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The Conundrum Of Mixing Tech With Humans In SMB Finance
The Conundrum Of Mixing Tech With Humans In SMB Finance
March 16, 2020  |  B2B Payments

The digitization and automation of small business lending has led to some undeniable benefits for entrepreneurs today. Small- to medium-sized businesses (SMBs) can gain from...

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Mastercard: The Impact Of Pay On Demand On Africa’s Smartphone Future
Mastercard: The Impact Of Pay On Demand On Africa’s Smartphone Future
March 16, 2020  |  Merchant Innovation

Inclusion is a laudable goal — bringing the 1.7 billion unbanked and underbanked people worldwide into the global digital marketplace is a nearly uncontested good....

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Fed Asks Banks To Be Lenient With Lending
Fed Asks Banks To Be Lenient With Lending
March 13, 2020  |  Coronavirus

The U.S. Federal Reserve is reportedly talking to lenders and saying that if they go through their liquidity reserves while helping customers there won’t be...

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