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

Personal Loan Apps Show Resilience In Latest Provider Ranking

Personal Loan Apps Show Resilience In Latest Provider Ranking
Personal Loan Apps Show Resilience In Latest Provider Ranking
October 30, 2020  |  Mobile Applications

Maybe it’s a byproduct of that which shall not be named — by which we mean the pandemic — but PYMNTS’ Provider Rankings have been...

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Non-Bank Businesses Find The Value Prop In Financial Services
Non-Bank Businesses Find The Value Prop In Financial Services
October 28, 2020  |  B2B Payments

It’s an increasingly popular concept: In order for businesses to offer the best customer experience, they should think like a FinTech. Get the Full Story...

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Locked Down And Looking Up: New Predictions On Pandemic Recovery
Locked Down And Looking Up: New Predictions On Pandemic Recovery
October 27, 2020  |  Economy

What does the shape of recovery look like? Even with a new surge of virus cases coming, MerchantE Chief Financial Officer Shimon Steinmetz says that...

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Anti-Bias Lending Software Developer Zest AI Lands $15M
Anti-Bias Lending Software Developer Zest AI Lands $15M
October 20, 2020  |  Investments

Zest AI, which is developing software that it claims will help wring the bias out of lending, just got a multimillion-dollar vote of confidence. Get...

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Google Cloud’s AI Tool Automates Mortgage Document Processing
Google Cloud’s AI Tool Automates Mortgage Document Processing
October 19, 2020  |  Loans

Google Cloud is aiming to innovate the mortgage industry with its new artificial intelligence (AI) tool called Lending DocAI. Get the Full Story Complete the...

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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...

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Instant Pay Startup Clair Notches $4.5M To Help Gig Workers
Instant Pay Startup Clair Notches $4.5M To Help Gig Workers
October 09, 2020  |  Investments

New York City-based FinTech startup Clair has raised $4.5 million in seed funding to disrupt payday lending schemes and help gig workers and freelancers get...

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Fixing A Credit-Data Dearth That’s Hurting Lending More Than COVID-19
Fixing A Credit-Data Dearth That’s Hurting Lending More Than COVID-19
October 09, 2020  |  Credit Cards

The pandemic has cast a chill across the loan process, but Matt Harris, co-founder and CEO of Bloom Credit, told PYMNTS that a lack of...

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UK SMBs Say Lenders Refuse To Provide Relief Loans
UK SMBs Say Lenders Refuse To Provide Relief Loans
October 05, 2020  |  Loans

Small and medium-sized businesses (SMBs) in the U.K. say their very survival is at stake because lenders have refused to provide inexpensive, state-backed loans amid...

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