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

Banks Start 2023 Giving Retailers and Consumers New BNPL Options
Banks Start 2023 Giving Retailers and Consumers New BNPL Options
January 10, 2023  |  Buy Now Pay Later

As they navigate a period of economic uncertainty, Americans are increasingly turning to buy now, pay later (BNPL) tools. An emergent suite of next-generation, flexible...

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BNP Paribas Mulls Consumer Finance Restructuring
BNP Paribas Mulls Consumer Finance Restructuring
January 06, 2023  |  International

BNP Paribas is considering options to restructure its consumer finance department. The French bank has submitted ideas for a major overhaul of the division to...

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Lenders Use Marketplaces to Bring Credit to Small Retailers
Lenders Use Marketplaces to Bring Credit to Small Retailers
January 06, 2023  |  SMBs

For Main Street’s small retailers, offering customers personalized financing options can be what separates a sale from a drive by. As much as consumers are...

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NY Suit Alleges Celsius Network Founder Misled Crypto Investors
NY Suit Alleges Celsius Network Founder Misled Crypto Investors
January 05, 2023  |  Cryptocurrency

Celsius Network Co-founder and former CEO Alex Mashinsky is being sued by the New York Attorney General. The suit alleges that Mashinsky made false and misleading...

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Bankruptcy Judge: Celsius Owns Bulk of Customer Crypto Deposits
Bankruptcy Judge: Celsius Owns Bulk of Customer Crypto Deposits
January 05, 2023  |  Cryptocurrency

Celsius owns most of the customer deposits on its platform, a federal judge has ruled. In his ruling Wednesday (Jan. 4) in the cryptocurrency lender’s bankruptcy...

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Santander Teams With Global Payments on Commercial Cards
Santander Teams With Global Payments on Commercial Cards
January 04, 2023  |  B2B Payments

Santander Bank said it’s working with Global Payments on a card offering for corporate clients. In a LinkedIn post on Wednesday (Jan. 4), Santander said that starting in...

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Genesis Tells Clients It’s Working to Preserve Assets
Genesis Tells Clients It’s Working to Preserve Assets
January 04, 2023  |  Cryptocurrency

Genesis told clients it needs more time to fix its borrowing and lending intermediation business. “We remain focused on finding a solution for our borrowing...

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Growth of Business and Consumer Lending Slows in Eurozone
Growth of Business and Consumer Lending Slows in Eurozone
December 29, 2022  |  Europe

The growth of business and consumer lending in the eurozone slowed in November. According to the latest figures from the European Central Bank (ECB) published...

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Credit Unions Grab Auto Loan Market Share in Q3
Credit Unions Grab Auto Loan Market Share in Q3
December 27, 2022  |  Credit Unions

With lending rates climbing, credit unions are continuing to offer more affordable auto loans. As The Wall Street Journal reported Tuesday (Dec. 27), credit unions...

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