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

Crypto Lender Vauld Suspends Withdrawals as Customers Yanked $200M
Crypto Lender Vauld Suspends Withdrawals as Customers Yanked $200M
July 04, 2022  |  Cryptocurrency

Crypto lender Vauld, which is backed by both Coinbase and investor Peter Thiel, has suspended withdrawals, citing the crisis on the digital asset market, the...

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Finastra Launches BNPL Alternative Tool
Finastra Launches BNPL Alternative Tool
July 01, 2022  |  Loans

British FinTech Finastra has debuted an embedded customer lending product, a solution the company says provides access to “traditional regulated lending options” for customers at...

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Auto Lenders Brace for Higher Interest Rates, Recession
Auto Lenders Brace for Higher Interest Rates, Recession
June 30, 2022  |  Economy

As the Federal Reserve boosts interest rates to beat inflation, all sorts of debt becomes more expensive. Much of the everyday focus may be on...

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LendingClub CEO: Online Marketplace, APIs Create ‘Dynamic’ Loan Pricing
LendingClub CEO: Online Marketplace, APIs Create ‘Dynamic’ Loan Pricing
June 29, 2022  |  Loans

Credit markets are tightening. The Federal Reserve has been busy boosting interest rates and, amid a macroeconomic environment that could be charitably described as uncertain,...

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Mobile-First Software Solutions Can Help African Merchants Digitize Their Businesses
Mobile-First Software Solutions Can Help African Merchants Digitize Their Businesses
June 29, 2022  |  Technology

Despite high mobile penetration across Africa, cash remains a preferred payment method for everyday transactions, with an estimated 95% of transactions in Nigeria, one of...

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Dutch Payments Association GM Says ‘Positive Friction’ Will Protect BNPL Users
Dutch Payments Association GM Says ‘Positive Friction’ Will Protect BNPL Users
June 24, 2022  |  Buy Now Pay Later

For an industry that’s typically laser-focused on frictionless services, it’s rare to hear calls for any sort of friction — let alone that it’s good...

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Another Firm Cuts Withdrawals, Highlighting Crypto Lending’s Dangers
Another Firm Cuts Withdrawals, Highlighting Crypto Lending’s Dangers
June 23, 2022  |  Cryptocurrency

Despite receiving a $500 million backstop line of credit on June 21, teetering crypto broker Voyager Digital announced today that it was cutting its daily...

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BofA Invests in Alternative Investment Platform iCapital
BofA Invests in Alternative Investment Platform iCapital
June 23, 2022  |  Investments

Alternative investing FinTech iCapital says it is planning to boost its technical capabilities following new investment from Bank of America. As the company said in...

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FI Data Platform Curinos Debuts Small Business Lending Consortium
FI Data Platform Curinos Debuts Small Business Lending Consortium
June 22, 2022  |  Loans

Data intelligence firm Curinos rolled out a new small business lending platform Wednesday (June 22), allowing direct access for various originations metrics. The platform, called...

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