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

VCs Eye Business Banking With Latest Crypto, FinTech Investments

VCs Eye Business Banking With Latest Crypto, FinTech Investments
VCs Eye Business Banking With Latest Crypto, FinTech Investments
September 28, 2018  |  B2B Payments

Cryptocurrencies are gaining more attention for a less expected reason: industry players’ interest in working with regulators to smooth out uncertainty in the market. As...

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YES Bank Denies Concealing Bad Corporate Loans
YES Bank Denies Concealing Bad Corporate Loans
September 28, 2018  |  B2B Payments

India’s YES Bank has denied covering up data that would reveal non-performing assets (NPAs) in the bank’s corporate loan portfolio, according to Bloomberg Quint reports...

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BIS Sees Boons, Risks As Alt Credit Gains Traction
BIS Sees Boons, Risks As Alt Credit Gains Traction
September 25, 2018  |  B2B Payments

Lending from FinTech firms — driven by tech, data and all sorts of innovations — has grown by leaps and bounds. However, as a recent...

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Bank Of America’s Corporate Banking Lead To Depart
Bank Of America’s Corporate Banking Lead To Depart
September 21, 2018  |  B2B Payments

A top corporate banking executive at Bank of America (BoA) is slated to depart the institution, according to The Wall Street Journal (WSJ) reports Thursday (Sept. 20)....

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Flipkart Launches Cashless Credit, Eyes Non-Banking License
Flipkart Launches Cashless Credit, Eyes Non-Banking License
September 20, 2018  |  Retail

Flipkart has launched a cashless credit program to give shoppers an instant credit line of up to Rs 60,000 ($833.97 USD). According to DealStreetAsia, depending...

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Square Eyes Banking Services Via Cash App
Square Eyes Banking Services Via Cash App
September 19, 2018  |  Mobile Applications

Square is in consideration of offering traditional banking services through its peer-to-peer (P2P) payment app. At Recode’s annual Code Commerce conference in New York on...

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A Decade On, Lending Transformed By Crisis And Innovation
A Decade On, Lending Transformed By Crisis And Innovation
September 18, 2018  |  Consumer Finance

Necessity is the mother of invention. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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BlueVine, Fundbox Grow AltFin Group ILPA
BlueVine, Fundbox Grow AltFin Group ILPA
September 18, 2018  |  B2B Payments

The Innovative Lending Platform Association (ILPA) has added three members, according to an announcement made on Monday (Sept. 17). Get the Full Story Complete the form...

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FinTech Firms Courted Abroad, Legal Spat Marks US Bank Charters
FinTech Firms Courted Abroad, Legal Spat Marks US Bank Charters
September 18, 2018  |  B2B Payments

From Abu Dhabi to Singapore, government efforts are underway to court FI/FinTech collaborations. In NY, salvos of lawsuits are being lobbed over FinTech banking charters....

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