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

The Inside Take on AI’s Role in Streamlining Lending for All
The Inside Take on AI’s Role in Streamlining Lending for All
April 12, 2023  |  Loans

Instant disbursements adoption set new records in 2022 — except in lending, where two-thirds of FinTech FI customers would eagerly pay extra for instant disbursements....

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SoFi Student Loans Suit Spotlights Platform Model’s Resilience and Vulnerabilities
SoFi Student Loans Suit Spotlights Platform Model’s Resilience and Vulnerabilities
April 10, 2023  |  Digital Payments

The push and pull on student loans has spotlighted SoFi’s digital platform model and the emergence of online financial service ecosystems. As widely reported, SoFi...

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Bank Liquidity May Be Squeezed by Drop in Loan Market Value
Bank Liquidity May Be Squeezed by Drop in Loan Market Value
April 07, 2023  |  Digital-First Banking

Banks’ market-value losses on loans have reportedly been rising along with interest rates. Ninety-seven percent of a sample of publicly traded United States banks reported...

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Prism Adds Origination Services to Lending Platform for Tech Startups
Prism Adds Origination Services to Lending Platform for Tech Startups
April 07, 2023  |  Loans

Prism has added origination services to its lending platform tailored to startup tech companies and employees. The company aims to help employees at startups access...

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Union Credit and TransUnion Team to Help Credit Unions Find Borrowers
Union Credit and TransUnion Team to Help Credit Unions Find Borrowers
April 06, 2023  |  Credit Unions

Lending marketplace Union Credit and TransUnion have joined forces to help serve credit union customers. Union Credit helps credit unions (CUs) find new and credit-worthy...

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CFPB Rule Spotlights Value of Tech-Driven Data Collection in Small Business Lending 
CFPB Rule Spotlights Value of Tech-Driven Data Collection in Small Business Lending 
March 30, 2023  |  Loans

New rules released by the Consumer Financial Protection Bureau on Thursday will change small business lending. And for the lenders — banks and non-banks —...

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Novo to Launch Working Capital Program for Small Businesses
Novo to Launch Working Capital Program for Small Businesses
March 29, 2023  |  Loans

Novo is conducting a pilot of a working capital program designed for small business owners. Over the last six months, the pilot program by the...

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CFPB Says States Can Extend Disclosure Laws to Commercial Financing
CFPB Says States Can Extend Disclosure Laws to Commercial Financing
March 28, 2023  |  Regulation

States can continue extending disclosure laws covering lending to businesses. The Consumer Financial Protection Bureau (CFPB) said in a Tuesday (March 28) preemption determination that such state laws are...

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Regulators Look Closer at ‘Shadow Lending’ Following SVB Crisis
Regulators Look Closer at ‘Shadow Lending’ Following SVB Crisis
March 27, 2023  |  Banking

Could the next financial crisis spring from the world of “shadow lending?” It’s something regulators and bankers are concerned about, Bloomberg News reported Monday (March...

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