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 Payments Around The World: China Mulls Restrictions On Loan Facilitation; UK FCA Warns Of Young Traders Making Risky Investments
Today In Payments Around The World: China Mulls Restrictions On Loan Facilitation; UK FCA Warns...
March 25, 2021  |  International

In today’s top payments news around the world, regulators in China are mulling over limitations on “loan-facilitation,” while the Financial Conduct Authority (FCA) said that...

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Volofin To Offer Blockchain Invoice Financing System
Volofin To Offer Blockchain Invoice Financing System
March 24, 2021  |  B2B Payments

Singapore-based volofin will offer a blockchain invoice financing system for backers and small to medium-sized businesses (SMBs) in Singapore, India and the United States at...

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Today In Digital-First Banking: Neobank albo Integrates Acuant Tech; Revolut Grows Digital Banking In The US
Today In Digital-First Banking: Neobank albo Integrates Acuant Tech; Revolut Grows Digital Banking In The...
March 23, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Mexican neobank albo has integrated Acuant’s Trusted Identity Platform, while British FinTech Revolut has submitted its draft application...

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Bank Loans Continue To Fall Despite Increase In Assets
Bank Loans Continue To Fall Despite Increase In Assets
March 22, 2021  |  Loans

While bank deposits continue to climb, lending in the U.S. by financial institutions (FIs) is lower than ever, as banks remain cautious about extending loans...

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Auditors Look Into Concerns Raised About Trade Finance Firm Barak
Auditors Look Into Concerns Raised About Trade Finance Firm Barak
March 18, 2021  |  B2B Payments

As Barak Fund Management looks for the green light to reshuffle a large trade finance fund, auditors are looking into concerns raised about the business,...

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Blend Opens Digital Front Door For Banks To Recapture Loan Business
Blend Opens Digital Front Door For Banks To Recapture Loan Business
March 17, 2021  |  Real Estate

Of all the journeys in one’s financial life that is paper bound, marked by reams of paper and teams of middlemen, buying a home stands...

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Report: Chinese Regulators Target High-Living, Loan-Fueled Lifestyles Of Youth
Report: Chinese Regulators Target High-Living, Loan-Fueled Lifestyles Of Youth
March 14, 2021  |  Loans

Chinese regulators who have targeted the sprawling Ant Group and the country’s growing online lending sector are motivated in part by a desire to curtail...

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Today In Digital-First Banking: LendingClub Loan Volume Bounces Back; NTT DATA Helps Banks Compete With FinTechs
Today In Digital-First Banking: LendingClub Loan Volume Bounces Back; NTT DATA Helps Banks Compete With...
March 11, 2021  |  Digital Banking

In today’s top news in digital-first banking, LendingClub reported as part of its fourth-quarter financial results that originations increased 56 percent quarter over quarter, while...

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LendingClub Q4 Loan Volume Rebounds By 56 Pct
LendingClub Q4 Loan Volume Rebounds By 56 Pct
March 10, 2021  |  Earnings

LendingClub reported Wednesday (March 10) as part of its fourth quarter earnings results that originations climbed 56 percent quarter over quarter, exceeding the high end...

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