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

Today In Digital-First Banking: Better To Acquire UK’s Trussle; Grunberg To Head Innovation, Strategic Partnerships For Citi’s TTS
Today In Digital-First Banking: Better To Acquire UK’s Trussle; Grunberg To Head Innovation, Strategic Partnerships...
July 13, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Better will be purchasing Trussle, while Carol Grunberg has been named head of Strategic Partnerships and Innovation for...

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Computer Services Inc. Sets Up Loan Platform For Financial Institutions
Computer Services Inc. Sets Up Loan Platform For Financial Institutions
July 13, 2021  |  Loans

Paducah, Kentucky-based Computer Services Inc. (CSI) announced on Tuesday (July 13) the launch of its CSI Loan Marketplace, with the goal of helping financial institutions...

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Digital Mortgage Platform Better To Buy UK FinTech Trussle
Digital Mortgage Platform Better To Buy UK FinTech Trussle
July 12, 2021  |  Loans

Better, the digital mortgage lender, will be purchasing Trussle, the U.K.-based digital mortgage and insurance broker, CNBC wrote Monday (July 12). Trussle is also backed...

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China’s Central Bank Wants To Help SMBs Borrow
China’s Central Bank Wants To Help SMBs Borrow
July 09, 2021  |  Banking

The People’s Bank of China said Friday (July 9) it was taking measures that would help commercial banks lend more money. As The New York Times...

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Consumer Demand For Auto Loans, Credit Cards Up 39 Pct In April
Consumer Demand For Auto Loans, Credit Cards Up 39 Pct In April
July 08, 2021  |  Loans

Americans seem to be regaining an appetite for auto loans and leases, credit cards and personal loans, The Wall Street Journal (WSJ) reported. The demand...

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Today In Digital-First Banking: CheckAlt, LEVERAGE Collaborate On CU Loan Repayment; Cross River Bank Reportedly Aiming To Raise $200M
Today In Digital-First Banking: CheckAlt, LEVERAGE Collaborate On CU Loan Repayment; Cross River Bank Reportedly...
July 08, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, CheckAlt is collaborating with LEVERAGE Payment Solutions to take on the challenges in supporting indirect loans, while Cross...

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Construction Lenders Endure Rollercoaster Of Market Disruption
Construction Lenders Endure Rollercoaster Of Market Disruption
July 08, 2021  |  B2B Payments

U.S. construction is in the midst of a roller coaster of disruption. Demand is surging as a supply squeeze has led to a spike in...

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Fireworks On The Horizon For Post-PPP Alt-Lending
Fireworks On The Horizon For Post-PPP Alt-Lending
July 05, 2021  |  Loans

The sun is high, the temperature is rising, and with COVID restrictions being lifted around the U.S., Independence Day marks the first opportunity for many...

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Coinbase’s New Stablecoin Account Could Yield 50x More Than Traditional Savings Accounts
Coinbase’s New Stablecoin Account Could Yield 50x More Than Traditional Savings Accounts
June 30, 2021  |  Banking

DeFi, maybe – but in some respects, it looks a lot like traditional finance. News comes this week that Coinbase, the cryptocurrency exchange, has debuted...

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