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

Report: Digital ID and Video-Based KYC Help Lenders Onboard SMBs
Report: Digital ID and Video-Based KYC Help Lenders Onboard SMBs
December 08, 2020  |  Authentication

  Traditional bank account opening methods have long involved visits to branches and face-to-face meetings with officials in which physical identification documents are presented. These...

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Financing Gets Flexible As eCommerce Sellers Brace For Seasonality Whiplash
Financing Gets Flexible As eCommerce Sellers Brace For Seasonality Whiplash
December 07, 2020  |  B2B Payments

With the holiday shopping season in full swing amid the global pandemic, online commerce is booming. Digital Black Friday sales this year hit $9 billion,...

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Stripe To Offer Banking As A Service To Merchants On Its Platform
Stripe To Offer Banking As A Service To Merchants On Its Platform
December 03, 2020  |  B2B Payments

Stripe is partnering with some of the world’s largest banks to offer a range of financial services to some of the key players driving the...

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Fed’s Quarles Says Banks Should Be Encouraged To Increase Lending
Fed’s Quarles Says Banks Should Be Encouraged To Increase Lending
December 02, 2020  |  Loans

Are federal regulations putting a damper on bank lending amid the pandemic-driven downturn, or are bankers simply being too cautious? That’s a key issue that...

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Stripe Capital Extends Business Lending To Online Platforms
Stripe Capital Extends Business Lending To Online Platforms
December 01, 2020  |  Loans

Payments giant Stripe is taking Stripe Capital, its push into online business finance and lending, to the next level. Stripe Capital first got off the...

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Velo Labs Teams With Visa, Lightnet On MSME Lending In Asia
Velo Labs Teams With Visa, Lightnet On MSME Lending In Asia
November 30, 2020  |  B2B Payments

Velo Labs has unveiled a joint effort with Visa and Lightnet Group to build out payment offerings together in Asia, according to an announcement. Velo Labs, Visa...

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Secondhand News: Economy, Pandemic Create New Role For Pawnshops
Secondhand News: Economy, Pandemic Create New Role For Pawnshops
November 27, 2020  |  Retail

At a time when the coronavirus has caused a spike in unemployment and crippled countless small businesses, the pawnbroking industry has found itself in a...

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Banks Embrace Direct Data Integrations For SMB Services
Banks Embrace Direct Data Integrations For SMB Services
November 24, 2020  |  B2B Payments

U.S. Bank is shifting away from screen scraping in favor of direct data connectivity, but it’s not the only financial institution (FI) embracing the data...

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India’s Central Bank Recommends Integrating Corporates Into Banking
India’s Central Bank Recommends Integrating Corporates Into Banking
November 23, 2020  |  Banking

India’s central bank is considering allowing payment banks and other finance companies to become lenders. A working group within the central bank is also mulling...

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