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

House Committee Asks Kabbage, BlueVine For Pandemic Loan Security, Revenue Data
House Committee Asks Kabbage, BlueVine For Pandemic Loan Security, Revenue Data
May 28, 2021  |  Security & Fraud

U.S. lawmakers have opened an investigation into FinTechs Kabbage and BlueVine, along with their partner banks, for their role in the distribution of billions of...

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$5 Billion In Loans Makes Goldman One Of SoftBank’s Biggest Lenders
$5 Billion In Loans Makes Goldman One Of SoftBank’s Biggest Lenders
May 27, 2021  |  Loans

Goldman Sachs has loaned more than $5 billion to SoftBank, making the New York investment bank one of the biggest lenders to the Japanese conglomerate....

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Experts: Alternative Data Sources Could Help Consumers Build Credit
Experts: Alternative Data Sources Could Help Consumers Build Credit
May 26, 2021  |  Loans

The current risk-based pricing model for lending has allowed more consumers to qualify for credit, while alternative data sources could help consumers without traditional credit...

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What The SMB Loan ‘Lunchtime Rush’ Signals For Bankers
What The SMB Loan ‘Lunchtime Rush’ Signals For Bankers
May 26, 2021  |  B2B Payments

Financial institutions (FIs) have historically viewed small businesses as a less profitable part of their own business, not necessarily worth troves of time, investment and...

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Equipment Leasing Finds Its Own POS Financing Path
Equipment Leasing Finds Its Own POS Financing Path
May 25, 2021  |  B2B Payments

The trajectory of innovation in the B2B payments and commerce space has largely been attributed to the influence of the B2C arena. Digitization of everything...

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LendingClub CEO: Financial Services Must Adopt ‘Outcomes-Based Approach’
LendingClub CEO: Financial Services Must Adopt ‘Outcomes-Based Approach’
May 25, 2021  |  Digital-First Banking

The great digital shift has brought us all onto our mobile devices. But as we become ever connected with financial services firms through phones, tablets...

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Alt-Lending Makes A B2B VC Comeback
Alt-Lending Makes A B2B VC Comeback
May 21, 2021  |  B2B Payments

Another lucrative week for the B2B FinTech space yielded more than $480 million in equity and venture capital funding. Alternative lending is making a comeback...

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NY Fed: Most Borrowers Who Took Forbearances Amid The Pandemic Have Exited Forbearance
NY Fed: Most Borrowers Who Took Forbearances Amid The Pandemic Have Exited Forbearance
May 20, 2021  |  Loans

More than one in 10 mortgage borrowers participated in a mortgage forbearance during the past year for at least a month, but many of them...

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C2FO, Marcus By Goldman Sachs Team On SMB Financing
C2FO, Marcus By Goldman Sachs Team On SMB Financing
May 19, 2021  |  B2B Payments

Working capital platform C2FO and Marcus by Goldman Sachs are teaming to equip qualified companies that harness C2FO domestically with unsecured financing. The collaboration endeavors...

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