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

Contabilizei Receives Investment of $60M Led by Softbank
Contabilizei Receives Investment of $60M Led by Softbank
March 11, 2022  |  SMBs

Contabilizei, the Brazilian back-office accounting services firm for small- and medium-sized businesses (SMBs), has raised $60 million in a Series C financing, Bloomberg reported Thursday (March 10)....

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As BNPL Takes Off, Fraudsters Step Up ‘Collusion Fraud’
As BNPL Takes Off, Fraudsters Step Up ‘Collusion Fraud’
March 10, 2022  |  Buy Now Pay Later

Any new payments vector, where hockey stick growth is apparent — up and to the right, of course — grabs the attention of fraudsters. David...

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AI Lender Upstart Unveils Auto Retail Platform
AI Lender Upstart Unveils Auto Retail Platform
March 09, 2022  |  artificial intelligence

Artificial intelligence (AI) lender Upstart has launched a mobile-first auto retail platform, the company announced in a news release Wednesday (March 9). The Upstart Auto...

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Grain-Backed Crypto Tokens Open New Possibilities for Farm Loans, Purchases
Grain-Backed Crypto Tokens Open New Possibilities for Farm Loans, Purchases
March 08, 2022  |  Cryptocurrency

An Argentinian company that is creating a cryptocurrency to tokenize grain by the ton has inked an important deal that will see its soy-, corn-...

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Automated Document Analysis Works Best When Paired With Human Oversight
Automated Document Analysis Works Best When Paired With Human Oversight
March 01, 2022  |  Connected Economy

With digitization and automation as the order of the day for two years and counting, it’s unusual to hear about how important human decision makers...

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CFPB Warns Student Loan Servicers About Public Service Forgiveness
CFPB Warns Student Loan Servicers About Public Service Forgiveness
February 18, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has issued a bulletin warning student loan servicers that they could face sanctions if they mislead borrowers about loan...

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AI Lending Platform Upstart Beats Earnings Estimates, Sees Shares Surge
AI Lending Platform Upstart Beats Earnings Estimates, Sees Shares Surge
February 16, 2022  |  Earnings

Artificial intelligence (AI) lending platform Upstart Holdings posted fourth-quarter and full year 2021 results for the period ended Dec. 31, 2021, that beat analysts’ consensus...

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Paytm Lending Unit Paying Off with Record Gains
Paytm Lending Unit Paying Off with Record Gains
February 14, 2022  |  Earnings

Digital payments service Paytm has been taking a hit lately, with negative buzz about sliding share prices and widening losses as it closed out 2021....

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UK Regulators Warn Banks to Safeguard Again Lending Discrimination if Using AI, ML
UK Regulators Warn Banks to Safeguard Again Lending Discrimination if Using AI, ML
February 13, 2022  |  Regulation

Banks using artificial intelligence (AI) to approve loan applications have been warned by U.K. financial regulators that they can only deploy that technology if they...

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