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 Proposal to Help SMBs Gain Access to Credit
CFPB Proposal to Help SMBs Gain Access to Credit
September 01, 2021  |  CFPB

The Consumer Financial Protection Bureau (CFPB) proposed a new rule Wednesday (Sept. 1) that will help small- to medium-sized businesses (SMBs) get access to credit,...

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Mastercard’s Finicity Adds Automation To Loan Origination Software
Mastercard’s Finicity Adds Automation To Loan Origination Software
August 26, 2021  |  Loans

Mastercard FinTech company Finicity on Thursday (Aug. 26) announced an expansion of its one-touch mortgage verification service, which will now be integrated into ICE Mortgage...

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Facebook Launches SMB Loan Program With India’s Indifi 
Facebook Launches SMB Loan Program With India’s Indifi 
August 20, 2021  |  SMBs

Facebook is teaming up with Indifi, an online lender in India, as part of a larger initiative to bring on more local businesses as advertisers,...

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Wells Fargo Backtracks, Will Keep Existing Personal Credit Lines
Wells Fargo Backtracks, Will Keep Existing Personal Credit Lines
August 18, 2021  |  Loans

Wells Fargo has gone back on a previous declaration that it would be doing away with its personal credit lines, Bloomberg reported. The lender has,...

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BNPL Firm Zilch Buys Commercial Lender NepFin, Readies US Growth
BNPL Firm Zilch Buys Commercial Lender NepFin, Readies US Growth
August 11, 2021  |  Partnerships / Acquisitions

Zilch, a London-based FinTech buy now, pay later (BNPL) startup, on Wednesday (Aug. 11) announced the purchase of commercial lender NepFin. Zilch has not disclosed the...

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Typically Tranquil Personal Loan App Ranking Suddenly Does The Digital Shimmy
Typically Tranquil Personal Loan App Ranking Suddenly Does The Digital Shimmy
August 10, 2021  |  Mobile Applications

What’s all this, then? Changes in PYMNTS Provider Ranking of Personal Loan Apps? We don’t normally employ salty language but … holy moly. Admittedly, there...

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The Corporate Card Pursues The Canadian SMB Opportunity
The Corporate Card Pursues The Canadian SMB Opportunity
August 06, 2021  |  B2B Payments

Commercial card products have seen gradual traction in the U.S. for years as businesses digitize their payment strategies and workflows, and the pandemic has only...

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Digital Lending Platform Numerated Adds Automated Lending Features
Digital Lending Platform Numerated Adds Automated Lending Features
August 04, 2021  |  Loans

Numerated, a four-year-old FinTech digital lending platform, has added new features to automate processes for business lending products, the company announced on Wednesday (Aug. 4)....

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Preparing B2B Services Firms For The Future Of Embedded Finance
Preparing B2B Services Firms For The Future Of Embedded Finance
August 03, 2021  |  B2B Payments

The U.S. may be in the midst of a Great Resignation, but all across the globe, professionals are seeking more efficient, digital-first ways of switching...

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