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 AI Can Help Banks Decide Which Struggling Borrowers Deserve Help

How AI Can Help Banks Decide Which Struggling Borrowers Deserve Help
How AI Can Help Banks Decide Which Struggling Borrowers Deserve Help
May 26, 2020  |  Debt

Amid the pandemic, banks have “frozen” at least $150 billion of loans – equating to about 5 percent of their consumer portfolios. The question becomes: What...

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FinTechs Aid Banks In Their Own Open Banking Initiatives
FinTechs Aid Banks In Their Own Open Banking Initiatives
May 21, 2020  |  B2B Payments

Open banking initiatives and bank-FinTech collaborations continue to expand in an effort to improve financial services offerings for small and medium-sized businesses (SMBs). This week’s...

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Public Companies Have Returned Nearly A Third of PPP Loan Money
Public Companies Have Returned Nearly A Third of PPP Loan Money
May 15, 2020  |  Loans

Thanks…but, on second thought, no thanks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Saving Main Street: Alliance Stands Up For SMB Policies
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May 15, 2020  |  Retail

If anyone is on the front lines of Main Street’s struggle to survive, it’s Amanda Ballantyne. As the executive director of the Main Street Alliance,...

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SBA Revises Guidance On PPP Loan Forgiveness
SBA Revises Guidance On PPP Loan Forgiveness
May 13, 2020  |  Loans

The Paycheck Protection Program (PPP) has been nothing if not fluid. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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What Lenders Are Learning About Emerging PPP Loan Fraud
What Lenders Are Learning About Emerging PPP Loan Fraud
May 12, 2020  |  Cybersecurity

In the mad dash to secure Paycheck Protection Program (PPP) funds, small businesses have faced confusion, anxiety and often a lack of clarity as to...

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Deadline Looms For Five Firms To Return PPP Loans
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May 11, 2020  |  Loans

Five publicly traded companies have until midnight on Monday (May 11) to return their Payroll Protection Program (PPP) loans or explain why they should be...

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India’s Tata Capital Introduces App For Commercial Loan Clients
India’s Tata Capital Introduces App For Commercial Loan Clients
May 11, 2020  |  B2B Payments

Mumbai-based Tata Capital, a division of Tata Group, is rolling out a mobile app to make it easier for its business loan customers to manage...

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