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

Small Businesses Flocking To Mobile Loans, Kabbage Finds
Small Businesses Flocking To Mobile Loans, Kabbage Finds
March 29, 2018  |  B2B Payments

Analysis of borrowing behavior among small businesses suggests SMB borrowers are increasingly turning to mobile devices to access funding, according to new data from Kabbage....

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Point-Of-Sale Flexibility Inflates Spend
Point-Of-Sale Flexibility Inflates Spend
March 28, 2018  |  Point of Sale

Talk to anyone in the U.S. credit space, and they can tell you about their access to consumer information, such as name, income, education, voting...

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European Banks Funnel UK Business Loans Through MarketInvoice
European Banks Funnel UK Business Loans Through MarketInvoice
March 27, 2018  |  B2B Payments

Two European banks will funnel a combined $191 million in business loans through the U.K. marketplace loan platform MarketInvoice, according to Reuters reports on Monday...

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Credit Reporting Firms To Omit Tax Liens From Consumer Reports
Credit Reporting Firms To Omit Tax Liens From Consumer Reports
March 23, 2018  |  Loans

In a move that could make more than 5 million consumers very happy (and potential lenders very nervous), TransUnion, Equifax and Experian have announced they...

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Amazon Stepping Into SMB Card Space With Chase, Sources Say
Amazon Stepping Into SMB Card Space With Chase, Sources Say
March 14, 2018  |  B2B Payments

Unnamed sources have told reporters that Amazon is looking to expand its small business (SMB) financing operations via the rollout of a commercial card for...

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Grab And Credit Saison Launch Consumer Financing JV
Grab And Credit Saison Launch Consumer Financing JV
March 13, 2018  |  Loans

Grab, the ride-hailing company based in Southeast Asia, announced news on Tuesday (March 13) that it has teamed up with Credit Saison Co., one of...

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Ant Financial Has $95B In Consumer Loans Even With Government Crackdown
Ant Financial Has $95B In Consumer Loans Even With Government Crackdown
March 12, 2018  |  Loans

Ant Financial, the payment affiliate of China’s Alibaba, has seen its consumer lending business reach 600 billion yuan ($95 billion) even as the company faces...

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CFPB Issues Final Rule Connecting Mortgage Servicers To Bankrupt Borrowers
CFPB Issues Final Rule Connecting Mortgage Servicers To Bankrupt Borrowers
March 09, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB) introduced a final rule on Thursday (March 8) that it said will help mortgage servicers communicate with borrowers who...

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The Construction Industry’s Lending Catch-22
The Construction Industry’s Lending Catch-22
March 08, 2018  |  B2B Payments

Credit underwriting is more reliant than ever on Big Data, and one of the industries in which this is most pronounced is the construction industry....

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