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: CheckAlt, LEVERAGE Collaborate On CU Loan Repayment; Cross River Bank Reportedly Aiming To Raise $200M

Today In Digital-First Banking: CheckAlt, LEVERAGE Collaborate On CU Loan Repayment; Cross River Bank Reportedly Aiming To Raise $200M
Today In Digital-First Banking: CheckAlt, LEVERAGE Collaborate On CU Loan Repayment; Cross River Bank Reportedly...
July 08, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, CheckAlt is collaborating with LEVERAGE Payment Solutions to take on the challenges in supporting indirect loans, while Cross...

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Construction Lenders Endure Rollercoaster Of Market Disruption
Construction Lenders Endure Rollercoaster Of Market Disruption
July 08, 2021  |  B2B Payments

U.S. construction is in the midst of a roller coaster of disruption. Demand is surging as a supply squeeze has led to a spike in...

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Fireworks On The Horizon For Post-PPP Alt-Lending
Fireworks On The Horizon For Post-PPP Alt-Lending
July 05, 2021  |  Loans

The sun is high, the temperature is rising, and with COVID restrictions being lifted around the U.S., Independence Day marks the first opportunity for many...

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Coinbase’s New Stablecoin Account Could Yield 50x More Than Traditional Savings Accounts
Coinbase’s New Stablecoin Account Could Yield 50x More Than Traditional Savings Accounts
June 30, 2021  |  Banking

DeFi, maybe – but in some respects, it looks a lot like traditional finance. Get the Full Story Complete the form to unlock this article...

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Amex Partners With Better, Rocket Mortgage On Home Loans
Amex Partners With Better, Rocket Mortgage On Home Loans
June 30, 2021  |  Loans

Those looking to get home loans will now be able to do so through American Express (Amex) and its new partnership with two FinTechs, Better...

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Data Helps De-Stress The Consumer’s Lending, Borrow, Savings Process
Data Helps De-Stress The Consumer’s Lending, Borrow, Savings Process
June 30, 2021  |  Banking

“Bank is no longer a place you go — it’s a thing you do,” LendingClub Financial Health Officer Anuj Nayar told PYMNTS in an interview....

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‘Rent A Bank’ Fades For Payday Lenders, FIs Step In On Short-Term Loans 
‘Rent A Bank’ Fades For Payday Lenders, FIs Step In On Short-Term Loans 
June 25, 2021  |  Regulation

The regulatory gaze on payday lending is tightening. To that end, as reported by the Associated Press, Congress has voted to overturn Trump-era regulations that...

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NXTsoft, Upstart Partnership Aims To Bring AI To More Lenders
NXTsoft, Upstart Partnership Aims To Bring AI To More Lenders
June 23, 2021  |  Artificial Intelligence

NXTsoft, which provides API connectivity for banks and FinTechs, announced on Wednesday (June 23) that it has formed a partnership with the artificial intelligence (AI)...

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New Jersey’s Cross River Bank Picks Up Analytics Company PeerIQ
New Jersey’s Cross River Bank Picks Up Analytics Company PeerIQ
June 23, 2021  |  Partnerships / Acquisitions

CRB Group has acquired PeerIQ, a data and risk analytics company that helps lending institutions analyze, assess and manage risk. CRB, based in Fort Lee,...

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