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

How Faster Underwriting, Credit Analysis Unlock Faster Loan Payments
How Faster Underwriting, Credit Analysis Unlock Faster Loan Payments
November 18, 2019  |  Faster Payments

Consumers with poor credit and a lack of savings have few good borrowing alternatives when unexpected expenses arise. In the new Faster Payments Tracker, DecisionLogic...

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House Committee Approves Ban On Controversial SMB Loan Tactic
House Committee Approves Ban On Controversial SMB Loan Tactic
November 15, 2019  |  B2B Payments

The U.S. House Financial Services Committee has voted in favor of banning a controversial practice in small business lending, The Washington Post reported Friday (Nov...

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Can Real-Time Data Render Credit Scores Obsolete?
Can Real-Time Data Render Credit Scores Obsolete?
November 15, 2019  |  Faster Payments

The rise of faster peer-to-peer (P2P) payment services has had an unintentional ripple effect for businesses, banks and merchants. With customers able to send money...

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Goldman Investigated For Gender Discrimination On Apple Card
Goldman Investigated For Gender Discrimination On Apple Card
November 10, 2019  |  Apple

Goldman Sachs is being investigated for gender discrimination related to the algorithms it uses when deciding on credit limits for the new Apple Card. In...

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Deep Dive: How Demand For Instant Payments Is Affecting Lending
Deep Dive: How Demand For Instant Payments Is Affecting Lending
November 05, 2019  |  Disbursements

Drafting, applying and being approved for loans can be complicated and drawn out processes for consumers and business owners alike. Borrowers must often complete hefty...

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GoDaddy Links SMBs To Kabbage Financing
GoDaddy Links SMBs To Kabbage Financing
November 04, 2019  |  Partnerships / Acquisitions

Online small business lending platform Kabbage is teaming up with small business website development firm GoDaddy. Together, the companies are expanding access to financing for...

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The Rise Of Instant Payments In The Lending Industry
The Rise Of Instant Payments In The Lending Industry
November 04, 2019  |  Disbursements

Meeting consumer demand for faster disbursements can help lenders differentiate themselves within a sea of competition, but faster access cannot come at the speed of...

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Top News In Payments: Paidy Notches $143M In Funding; UK Legislators Want First-Time Payments Delay
Top News In Payments: Paidy Notches $143M In Funding; UK Legislators Want First-Time Payments Delay
November 01, 2019  |  News

In today’s top payments news, Japan’s instant credit startup Paidy notched $143 million in a Series C extension funding round. Also, legislators in the United...

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Trending: The Rise Of Instant Payments In Lending
Trending: The Rise Of Instant Payments In Lending
November 01, 2019  |  Disbursements

More consumers want faster disbursements through digital channels for more complex financial transactions, and they want that functionality available now. Merchants and disbursements providers need...

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