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

CFPB’s Opinion on Fair Lending Rules Could Extend to AI
CFPB’s Opinion on Fair Lending Rules Could Extend to AI
May 10, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has published an advisory opinion to affirm that banks and other lenders need to follow fair lending laws when...

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Federal Regulators Propose New Low-Income Lending Rules
Federal Regulators Propose New Low-Income Lending Rules
May 05, 2022  |  Bank Regulation

U.S. regulators are set to rework the way banks lend money to lower-income communities. A plan to update the 1977 Community Reinvestment Act was announced...

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CUs Put New Twist on Old Credit Cards to Offer Instant, Digital Loans
CUs Put New Twist on Old Credit Cards to Offer Instant, Digital Loans
May 05, 2022  |  Credit Unions

As stimulus checks and tax breaks were sent out to individuals and families throughout the pandemic, consumers banked the payments. And that swelled deposits at...

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Robinhood to Let Users Lend Against Stock
Robinhood to Let Users Lend Against Stock
May 04, 2022  |  Loans

Stock brokerage app Robinhood has launched a stock lending feature that lets its users lend out their fully paid stocks to borrowers recruited by the...

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With BTC-Backed Loan, Goldman Sachs Signals TradFi’s Designs on DeFi’s Bread and Butter
With BTC-Backed Loan, Goldman Sachs Signals TradFi’s Designs on DeFi’s Bread and Butter
April 29, 2022  |  Cryptocurrency

Banking and investment giant Goldman Sachs has issued its first cash loan secured by cryptocurrency, signaling the entry of a traditional financial institution into a...

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Square Loans Simplifies Funds Access for Canadian Business Owners
Square Loans Simplifies Funds Access for Canadian Business Owners
April 28, 2022  |  Loans

Square has launched Square Loans in Canada, giving small businesses streamlined access to funds by creating customized offers to eligible sellers and giving them a...

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Grab Financial Lending Boss Leaving for Indonesian Startup
Grab Financial Lending Boss Leaving for Indonesian Startup
April 28, 2022  |  Personnel

The head of lending at Singapore’s Grab Financial will leave the company for Indonesian startup BukuWarung. As Bloomberg notes in a Thursday (April 28) report...

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FinTech Lenders Follow Banks Into Uncertain Economic Climate
FinTech Lenders Follow Banks Into Uncertain Economic Climate
April 20, 2022  |  Market Conditions

With a slew of earnings reports in the rearview mirror, and on the horizon, whether from big banks, the payment networks or the digital upstarts,...

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Alchemy Introduces Automated Lending Platform for Medical Financing
Alchemy Introduces Automated Lending Platform for Medical Financing
April 14, 2022  |  Healthcare Financing

Payments portal Alchemy has launched a payments system for patients looking for care now, pay later services that allow them to break their cosmetic and...

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