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

FinTechs Face PPP Probe Long After Emergency Business Loans Were Dispersed
FinTechs Face PPP Probe Long After Emergency Business Loans Were Dispersed
May 19, 2021  |  Loans

Long after nearly $800 billion in Paycheck Protection Program (PPP) life-line loans were rapidly dispersed to ailing businesses during the height of the pandemic, a...

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Experian, Temenos Offer Instant Prescreen, Credit Solutions
Experian, Temenos Offer Instant Prescreen, Credit Solutions
May 16, 2021  |  Partnerships / Acquisitions

Credit rating giant Experian and major banking software player Temenos have integrated their offerings to create “a seamless way for lenders to extend credit,” according...

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PPP Loan Distribution, Cryptocurrency, Online Ordering Top This Week’s News
PPP Loan Distribution, Cryptocurrency, Online Ordering Top This Week’s News
May 14, 2021  |  The Weekender

In this week’s news, we saw a report that the Justice Department is conducting a civil probe into whether some FinTechs distributing Payroll Protection Program...

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Today In Payments Around The World: Klarna Unveils New UK HQ; eBay Moves Into Financial Services With UK Small Business Loans
Today In Payments Around The World: Klarna Unveils New UK HQ; eBay Moves Into Financial...
May 12, 2021  |  International

In today’s top payments news around the world, Klarna revealed London to be the location of its U.K. headquarters, while eBay is launching a tool...

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Personal Loan App Provider Ranking Tight As A Digital Drum In Latest Update
Personal Loan App Provider Ranking Tight As A Digital Drum In Latest Update
May 12, 2021  |  Mobile Applications

Consumer lending and borrowing is a tale of worry and wonderment since COVID-19 appeared to trigger a capricious series of economic disasters. Corporations are still...

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New Study: Use Of AI To Lower Risk Has Nearly Tripled Among Financial Institutions
New Study: Use Of AI To Lower Risk Has Nearly Tripled Among Financial Institutions
May 06, 2021  |  Artificial Intelligence

If it seems like companies are slapping artificial intelligence (AI) onto everything in the pandemic era, it’s because so many are. To gauge the focus...

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Clearco: Performance-Based Financing Bridges Digital SMB Capital Divide
Clearco: Performance-Based Financing Bridges Digital SMB Capital Divide
May 03, 2021  |  B2B Payments

It’s a frustrating paradox for any small- to medium-sized business (SMB) entrepreneur: You have to have money to get money. At least, that’s what it...

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Virgin Money Teams With Trade Ledger On Business Lending Tech
Virgin Money Teams With Trade Ledger On Business Lending Tech
April 29, 2021  |  B2B Payments

Virgin Money is collaborating with FinTech Trade Ledger as it keeps developing its corporate banking offering, according to a Thursday (April 29) announcement. Virgin Money...

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