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: LendingClub’s Q1 Loan Originations Increase By 63 Pct; US Bank Provides SPAC Solutions
Today In Digital-First Banking: LendingClub’s Q1 Loan Originations Increase By 63 Pct; US Bank Provides...
April 29, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, LendingClub reported that loan originations grew by 63 percent quarter over quarter, while U.S. Bank is rolling out...

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LendingClub Q1 Loan Originations Grow By 63 Pct
LendingClub Q1 Loan Originations Grow By 63 Pct
April 28, 2021  |  Earnings

LendingClub reported Wednesday (April 28) as part of its first quarter earnings results that loan originations climbed 63 percent quarter over quarter, according to an...

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Report: Credit Unions Tap Data To Capture Member Credit Business
Report: Credit Unions Tap Data To Capture Member Credit Business
April 28, 2021  |  Credit Unions

Improving job rates and the overall health of the economy are contributing to an increase in size of credit unions’ (CUS’) member base. Recent data...

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Experian Unveils Data Suite For SMB Lenders
Experian Unveils Data Suite For SMB Lenders
April 27, 2021  |  B2B Payments

Experian unveiled the Ascend Commercial Suite, which is targeted toward financial institutions focused on business lending and insurance carriers, according to a Thursday (April 27)...

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SMB Lender OnDeck Gears Up For Asset-Backed Security Sale
SMB Lender OnDeck Gears Up For Asset-Backed Security Sale
April 26, 2021  |  Partnerships / Acquisitions

OnDeck Capital, the small to medium-sized business (SMB) digital lender, is reportedly gearing up for its first bond sale after installment loan issuer Enova International...

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Today In Digital-First Banking: Former Barclays Exec Chosen To Lead Citi Commercial Bank; Trade Group Looks For Greater Crypto Entity Oversight
Today In Digital-First Banking: Former Barclays Exec Chosen To Lead Citi Commercial Bank; Trade Group...
April 23, 2021  |  Digital Banking

In today’s top news in digital-first banking, a former Barclays executive has been named to serve as head of Citi Commercial Bank (CCB), while the...

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ForwardAI Debuts API For SMB Lending
ForwardAI Debuts API For SMB Lending
April 22, 2021  |  B2B Payments

ForwardAI, which works in lender-first FinTech services, has rolled out ForwardAI Precise, an application programming interface (API) delivering a suite of cash flow, accounting and...

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CFPB Tries To Fend Off A Potential Foreclosure Crisis
CFPB Tries To Fend Off A Potential Foreclosure Crisis
April 20, 2021  |  Loans

The Consumer Financial Protection Bureau (CFPB) is taking a long hard look at mortgage servicers — and whether they’ve really been compliant with pandemic-era programs...

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Finserv Collaboration Targets The Smallest Of SMBs
Finserv Collaboration Targets The Smallest Of SMBs
April 19, 2021  |  B2B Payments

Small- to medium-sized business (SMB) sentiment today might be best summed up as a mix of optimism and anxiety. Amid the devastation that the pandemic...

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