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

Affirm Earnings Update Heats Up Talk of BNPL Pure Plays Versus Encroaching Banks

Affirm Earnings Update Heats Up Talk of BNPL Pure Plays Versus Encroaching Banks
Affirm Earnings Update Heats Up Talk of BNPL Pure Plays Versus Encroaching Banks
March 14, 2022  |  BNPL

If you thought buy now, pay later (BNPL) headlines were hot during the pandemic, buckle up as the installments space begins a wild post-COVID ride...

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Undocumented, Unbanked Consumers Turn to Data-Rich Finance Allies for Auto Loans
Undocumented, Unbanked Consumers Turn to Data-Rich Finance Allies for Auto Loans
March 14, 2022  |  Financial Inclusion

There’s no consensus on the number of undocumented people living and working in the U.S. Estimates vary widely, from just under 12 million to more...

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Contabilizei Receives Investment of $60M Led by Softbank
Contabilizei Receives Investment of $60M Led by Softbank
March 11, 2022  |  SMBs

Contabilizei, the Brazilian back-office accounting services firm for small- and medium-sized businesses (SMBs), has raised $60 million in a Series C financing, Bloomberg reported Thursday (March 10)....

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As BNPL Takes Off, Fraudsters Step Up ‘Collusion Fraud’
As BNPL Takes Off, Fraudsters Step Up ‘Collusion Fraud’
March 10, 2022  |  BNPL

Any new payments vector, where hockey stick growth is apparent — up and to the right, of course — grabs the attention of fraudsters. Get...

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AI Lender Upstart Unveils Auto Retail Platform
AI Lender Upstart Unveils Auto Retail Platform
March 09, 2022  |  Artificial Intelligence

Artificial intelligence (AI) lender Upstart has launched a mobile-first auto retail platform, the company announced in a news release Wednesday (March 9). Get the Full...

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Grain-Backed Crypto Tokens Open New Possibilities for Farm Loans, Purchases
Grain-Backed Crypto Tokens Open New Possibilities for Farm Loans, Purchases
March 08, 2022  |  Cryptocurrency

An Argentinian company that is creating a cryptocurrency to tokenize grain by the ton has inked an important deal that will see its soy-, corn-...

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Automated Document Analysis Works Best When Paired With Human Oversight
Automated Document Analysis Works Best When Paired With Human Oversight
March 01, 2022  |  Connected Economy

With digitization and automation as the order of the day for two years and counting, it’s unusual to hear about how important human decision makers...

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CFPB Warns Student Loan Servicers About Public Service Forgiveness
CFPB Warns Student Loan Servicers About Public Service Forgiveness
February 18, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has issued a bulletin warning student loan servicers that they could face sanctions if they mislead borrowers about loan...

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