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

Wells Considers Lending To Students With Government Debt
Wells Considers Lending To Students With Government Debt
August 14, 2018  |  Loans

Wells Fargo might give its shrinking student lending business a boost by focusing on borrowers with U.S. government loans. The lender would offer loans to...

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Fintechs Are Going After Borrowers With Poor Credit
Fintechs Are Going After Borrowers With Poor Credit
August 14, 2018  |  Consumer Finance

FinTechs are going after another financial market void, this time providing loans to customers with low credit scores. According to a report in the Wall...

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Marketplace Lending And Curbside Delivery Sizzle, Ridesharing Fizzles
Marketplace Lending And Curbside Delivery Sizzle, Ridesharing Fizzles
August 10, 2018  |  Sizzle/Fizzle

The biggest story this week in grocery came, as it often does, care of the new Whole Foods Market as operated by Amazon. Curbside delivery...

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Visa, Mastercard Cut Canadian Interchange Fees
Visa, Mastercard Cut Canadian Interchange Fees
August 10, 2018  |  International

Visa and Mastercard have agreed to cut Canadian credit card transaction fees, which could save smaller businesses (SMBs) C$250 million ($192 million) a year. The...

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Today In Data: The Upgrading And Diversifying Face Of Financial Services
Today In Data: The Upgrading And Diversifying Face Of Financial Services
August 09, 2018  |  Today In Data

After a long, and at times painful, journey back from the wilderness that began in May 2016, it looks like things are getting back on...

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Convincing Banks Of Trade Finance Tech Value
Convincing Banks Of Trade Finance Tech Value
July 20, 2018  |  B2B Payments

Blockchain-based solutions have only just begun to launch in the financial services market, but considering the volume of interest in deploying blockchain tools to address...

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Goldman Says It Has 1.5M Marcus Customers
Goldman Says It Has 1.5M Marcus Customers
July 18, 2018  |  Earnings

Goldman Sach reported a surge in profit during the second quarter that overall exceeded Wall Street estimates, while also announcing that CEO Lloyd Blankfein will — after...

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Equifax Buys DataX To Close Credit Reporting Gap
Equifax Buys DataX To Close Credit Reporting Gap
July 17, 2018  |  Partnerships / Acquisitions

Equifax announced that it has acquired DataX, a leading specialty finance credit reporting agency and alternative data provider to lenders nationwide. As part of the...

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Reg Tracker: National Tech Privacy, Facial Recognition Rules Loom (Perhaps)
Reg Tracker: National Tech Privacy, Facial Recognition Rules Loom (Perhaps)
July 16, 2018  |  Safety and Security

New rules may loom for technology providers pertaining to privacy — on a national level. As reported last week by the Information Technology Industry Council (ITI), the...

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