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 PSD2 Is Changing Lending In The UK
How PSD2 Is Changing Lending In The UK
March 08, 2019  |  Regulation

PSD2 launched in January 2018 and has been active in the European Union for a little over a year now, meaning that banks, merchants and...

READ MORE >
Dems Vow To Reverse CFPB Actions Under Mulvaney
Dems Vow To Reverse CFPB Actions Under Mulvaney
March 08, 2019  |  CFPB

The Consumer Financial Protection Bureau came under fire from the House Financial Services Committee, which is now controlled by Democrats, during a hearing Thursday (March...

READ MORE >
How PenFed Kept Financial Doors Open During Government Shutdowns
How PenFed Kept Financial Doors Open During Government Shutdowns
March 07, 2019  |  Credit Unions

During the 35-day U.S. government shutdown, federal credit unions had thousands of members without paychecks, with no end in sight. Ricardo Chamorro, EVP at D.C....

READ MORE >
CFPB: More Servicemembers Use VA Loans For First-Time Homebuying
CFPB: More Servicemembers Use VA Loans For First-Time Homebuying
March 01, 2019  |  Loans

The Consumer Financial Protection Bureau (CFPB) disclosed in a report on Friday (March 1) that there has been an increase in active duty service members...

READ MORE >
Bitcoin Daily: Ex-SoFi Head Pairs Blockchain With Lending; Fidelity Trials Bitcoin ‘Lightning’ Payments
Bitcoin Daily: Ex-SoFi Head Pairs Blockchain With Lending; Fidelity Trials Bitcoin ‘Lightning’ Payments
February 28, 2019  |  Bitcoin

The Lightning Network, a bitcoin experiment that allows users to quickly transfer funds around the world without a third party, has completed another transaction. According...

READ MORE >
Chase Throws Hat Into Installment Financing Ring
Chase Throws Hat Into Installment Financing Ring
February 27, 2019  |  Loans

JPMorgan Chase, aiming to get a bigger piece of the point of sale financing market, announced Wednesday (Feb. 27) that it is launching “My Chase...

READ MORE >
Rep Ocasio-Cortez Calls For Hearings On Banks Lending To Immigrant Prisons
Rep Ocasio-Cortez Calls For Hearings On Banks Lending To Immigrant Prisons
February 25, 2019  |  Regulation

New York Rep. Alexandria Ocasio-Cortez is asking for hearings in Congress on why Wall Street is lending money to private prisons that house undocumented immigrants,...

READ MORE >
Earnings Show Power Of Digital Commerce — And Cash At The ATM
Earnings Show Power Of Digital Commerce — And Cash At The ATM
February 22, 2019  |  Earnings

Continuing in the tradition of PYMNTS earnings roundups: Walmart’s eCommerce efforts, including grocery delivery and pickup options, soared in the fourth quarter of 2018, and...

READ MORE >
LendingClub Links Lenders To Loan Metrics Via Brismo
LendingClub Links Lenders To Loan Metrics Via Brismo
February 22, 2019  |  B2B Payments

Lending performance data solutions provider Brismo is integrating its technology into the LendingClub platform, enabling lenders to analyze the performance of their portfolios. In a...

READ MORE >