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

In Trade Finance Funding Solutions, It’s Important to Know the Details

In Trade Finance Funding Solutions, It’s Important to Know the Details
In Trade Finance Funding Solutions, It’s Important to Know the Details
September 27, 2021  |  B2B Payments

As a global leader in working capital and trade finance funding solutions to global businesses, Finacity has found that it’s important to know the details....

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Intelligent ‘Transaction Mapping’ Speeds Lending Decisions That Enable Embedded Finance
Intelligent ‘Transaction Mapping’ Speeds Lending Decisions That Enable Embedded Finance
September 27, 2021  |  B2B Payments

As is often the case with many small- to medium-sized businesses (SMBs), their accounting data is kept separate from their banking data, which works fine,...

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Alt Data Sources Key to Improving Loan Access for the Financially Invisible
Alt Data Sources Key to Improving Loan Access for the Financially Invisible
September 27, 2021  |  Financial Inclusion

The problem of financial inclusion is an acute one in the United States. The Office of the Comptroller of the Currency has said that nearly...

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UK Education Lender Prodigy Finance Could Replicate the Success of US-based SoFi Technologies
UK Education Lender Prodigy Finance Could Replicate the Success of US-based SoFi Technologies
September 24, 2021  |  Loans

The further education market is growing apace, and it should come as no surprise that the associated student loan business is capturing major investor interest....

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Ant to Turn Over Consumer Credit Info to Chinese Government
Ant to Turn Over Consumer Credit Info to Chinese Government
September 22, 2021  |  International

Consumer lending service Ant Group Co. will turn over all of its credit data to Chinese government officials for inclusion in a federal credit reporting...

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India’s FinBox Unveils Account Aggregation Product for Loans
India’s FinBox Unveils Account Aggregation Product for Loans
September 21, 2021  |  Loans

India’s FinBox unveiled what the company said is one of the country’s first account aggregators — systems that let potential borrowers prepare and upload one...

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Amazon Partners With Lendistry on Short-Term Loan Program for SMBs
Amazon Partners With Lendistry on Short-Term Loan Program for SMBs
September 21, 2021  |  Retail

Retail giant Amazon and minority-led community development financial institution (FI) Lendistry on Tuesday (Sept. 21) announced a joint pilot program focused on helping small and...

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Independent Bank Drives Digital Lending With FinTech Numerated
Independent Bank Drives Digital Lending With FinTech Numerated
September 21, 2021  |  Digital Banking

Legacy financial institution (FI) Independent Bank is partnering with FinTech startup Numerated to advance commercial digital lending operations in Michigan. Get the Full Story Complete the...

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Asset Manager White Oak Buys Trade Finance Firm Finacity
Asset Manager White Oak Buys Trade Finance Firm Finacity
September 20, 2021  |  B2B Payments

Alternative asset manager White Oak has acquired Finacity, which works in trade finance and working capital solutions for global companies, according to a press release....

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