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

LendingClub CEO: Financial Services Must Adopt ‘Outcomes-Based Approach’

LendingClub CEO: Financial Services Must Adopt ‘Outcomes-Based Approach’
LendingClub CEO: Financial Services Must Adopt ‘Outcomes-Based Approach’
May 25, 2021  |  Digital-First Banking

The great digital shift has brought us all onto our mobile devices. But as we become ever connected with financial services firms through phones, tablets...

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Alt-Lending Makes A B2B VC Comeback
Alt-Lending Makes A B2B VC Comeback
May 21, 2021  |  B2B Payments

Another lucrative week for the B2B FinTech space yielded more than $480 million in equity and venture capital funding. Alternative lending is making a comeback...

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NY Fed: Most Borrowers Who Took Forbearances Amid The Pandemic Have Exited Forbearance
NY Fed: Most Borrowers Who Took Forbearances Amid The Pandemic Have Exited Forbearance
May 20, 2021  |  Loans

More than one in 10 mortgage borrowers participated in a mortgage forbearance during the past year for at least a month, but many of them...

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C2FO, Marcus By Goldman Sachs Team On SMB Financing
C2FO, Marcus By Goldman Sachs Team On SMB Financing
May 19, 2021  |  B2B Payments

Working capital platform C2FO and Marcus by Goldman Sachs are teaming to equip qualified companies that harness C2FO domestically with unsecured financing. The collaboration endeavors...

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FinTechs Face PPP Probe Long After Emergency Business Loans Were Dispersed
FinTechs Face PPP Probe Long After Emergency Business Loans Were Dispersed
May 19, 2021  |  Loans

Long after nearly $800 billion in Paycheck Protection Program (PPP) life-line loans were rapidly dispersed to ailing businesses during the height of the pandemic, a...

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Experian, Temenos Offer Instant Prescreen, Credit Solutions
Experian, Temenos Offer Instant Prescreen, Credit Solutions
May 16, 2021  |  Partnerships / Acquisitions

Credit rating giant Experian and major banking software player Temenos have integrated their offerings to create “a seamless way for lenders to extend credit,” according...

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PPP Loan Distribution, Cryptocurrency, Online Ordering Top This Week’s News
PPP Loan Distribution, Cryptocurrency, Online Ordering Top This Week’s News
May 14, 2021  |  The Weekender

In this week’s news, we saw a report that the Justice Department is conducting a civil probe into whether some FinTechs distributing Payroll Protection Program...

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Today In Payments Around The World: Klarna Unveils New UK HQ; eBay Moves Into Financial Services With UK Small Business Loans
Today In Payments Around The World: Klarna Unveils New UK HQ; eBay Moves Into Financial...
May 12, 2021  |  International

In today’s top payments news around the world, Klarna revealed London to be the location of its U.K. headquarters, while eBay is launching a tool...

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Personal Loan App Provider Ranking Tight As A Digital Drum In Latest Update
Personal Loan App Provider Ranking Tight As A Digital Drum In Latest Update
May 12, 2021  |  Mobile Applications

Consumer lending and borrowing is a tale of worry and wonderment since COVID-19 appeared to trigger a capricious series of economic disasters. Corporations are still...

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