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

Fed: Two-Thirds Of SMBs Are Dissatisfied With Online Lenders
Fed: Two-Thirds Of SMBs Are Dissatisfied With Online Lenders
January 14, 2020  |  Loans

In the wake of the Great Recession, small businesses found it difficult to secure loans via banks – and even when they were available, the...

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Earnings Season To Shine Light On Banks’ Take On The US Consumer
Earnings Season To Shine Light On Banks’ Take On The US Consumer
January 13, 2020  |  Earnings

Like clockwork, earnings season is here. Every three months, Wall Street takes stock (no pun intended) of how companies’ bottom lines are faring and whether top...

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Starling Debuts Unsecured Business Loans, Ups Overdraft Limits
Starling Debuts Unsecured Business Loans, Ups Overdraft Limits
January 13, 2020  |  B2B Payments

U.K. challenger bank Starling Bank continues to revamp its small business lending strategy with the launch of proprietary SMB loan services, the company announced on...

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Aflac Acquisition Targets Mid-Market Financing
Aflac Acquisition Targets Mid-Market Financing
January 10, 2020  |  B2B Payments

Aflac Global Investments, the AFL asset management unit of Aflac Inc., has announced a takeover that will position the company to strengthen its financing operations...

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PayU Buys Majority Stake In India FinTech PaySense
PayU Buys Majority Stake In India FinTech PaySense
January 10, 2020  |  Partnerships / Acquisitions

Netherlands payments firm PayU is acquiring a majority equity stake in PaySense, at a valuation of $185 million, with the intention of merging it with...

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Changes To Business Lending Underway At India’s PSU Banks
Changes To Business Lending Underway At India’s PSU Banks
January 06, 2020  |  B2B Payments

India’s state-owned banks are going through changes that could mean an overhaul in business lending, The Economic Times (ET) reported on Friday (Jan. 3).  For...

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SMB Digital Loan Applications Rose 19 Pct. YOY
SMB Digital Loan Applications Rose 19 Pct. YOY
December 30, 2019  |  Loans

As banks continue to shy away from providing small business loans, many small and medium-sized business (SMB) owners have turned to online lending companies to...

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SMBs’ Online Lending Surge Raises Borrower Protection Concerns
SMBs’ Online Lending Surge Raises Borrower Protection Concerns
December 30, 2019  |  B2B Payments

Small businesses continue to flock to online platforms to find much-needed financing, with banks still failing to fill the demand for small to medium-sized business...

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Open Banking Overcomes The Data Obstacle Of Paper
Open Banking Overcomes The Data Obstacle Of Paper
December 30, 2019  |  B2B Payments

The Open Banking business model has derived mixed reactions from the financial services market, and without a regulatory mandate in the U.S., it’s not entirely...

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