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

LendingClub and Morgan Stanley, A Tale of Two Bank Deals
LendingClub and Morgan Stanley, A Tale of Two Bank Deals
February 24, 2020  |  Partnerships / Acquisitions

Two deals this past week shone a spotlight on the lure of financial services — done digitally — and the “build vs. buy” debate, settled...

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PayPal Eyes ‘Major Opportunity’ Of Aussie SMB Lending
PayPal Eyes ‘Major Opportunity’ Of Aussie SMB Lending
February 24, 2020  |  B2B Payments

Payment company PayPal is looking at small business credit as a new field of opportunity. The company is championing a national digital framework in Australia...

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China’s Lenders Cut Prime Rate To Boost Sick Economy
China’s Lenders Cut Prime Rate To Boost Sick Economy
February 20, 2020  |  International

Chinese lenders have cut their prime lending rate to try and prop up their country’s economy, which has been ravaged by the coronavirus, according to the Financial...

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China Uses Monetary Policy To Cure China’s Economic, Viral Ills
China Uses Monetary Policy To Cure China’s Economic, Viral Ills
February 18, 2020  |  International

Can monetary policy cure the ills of an economic slowdown caused by the Coronavirus? China may be about to find out. In a series of...

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CIT Group Unveils New Version Of B2B POS Lending Platform
CIT Group Unveils New Version Of B2B POS Lending Platform
February 14, 2020  |  B2B Payments

CIT Group Inc. has debuted a new version of its B2B point-of-sale (POS) lending platform to help enable real-time lending for business purchases, the company...

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ChargeAfter, Visa Partner To Expand POS Financing Options
ChargeAfter, Visa Partner To Expand POS Financing Options
February 12, 2020  |  Partnerships / Acquisitions

Visa has made a strategic investment in the point-of-sale (POS) financing technology platform ChargeAfter to support its partnership to bring more financing options to checkout,...

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Lending Startup Ads Feature Blockchain Character To Highlight Business
Lending Startup Ads Feature Blockchain Character To Highlight Business
February 12, 2020  |  Blockchain

A new video ad campaign by Figure Technologies has “Blockchain,” the character explaining the eponymous technology, according to published reports Tuesday (Feb. 11). The ad...

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OnDeck Q4 Originations Dip, Instant Funding Clients Almost Double
OnDeck Q4 Originations Dip, Instant Funding Clients Almost Double
February 11, 2020  |  Earnings

OnDeck fell short of expectations with its fourth-quarter earnings report on Tuesday (Feb. 11), and the financial services firm registered a decrease in loan origination volume. Chief...

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Amazon (And Others) Brace For India’s New eCommerce Tax
Amazon (And Others) Brace For India’s New eCommerce Tax
February 10, 2020  |  Taxes

The jousting over eCommerce taxes — especially for U.S. firms operating on an international scale — is about to get more heated. Last week in...

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