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

Car Apps Add Vehicle Financing to Acquire, Retain Customers

Car Apps Add Vehicle Financing to Acquire, Retain Customers
Car Apps Add Vehicle Financing to Acquire, Retain Customers
December 06, 2021  |  Consumer Payments

It’s been a turbulent 18 months for car owners. Since March 2020, there have been huge swings in the number of miles driven, rapid inflation...

READ MORE >
Loan Servicing Gets a Lift From Open Banking Platforms
Loan Servicing Gets a Lift From Open Banking Platforms
December 03, 2021  |  Loans

Lending, it’s been said, is as much art as science – and even in the 21st century, it is filled with friction. But with advanced...

READ MORE >
New Study: Instant Disbursements an Instant Winner With Consumers
New Study: Instant Disbursements an Instant Winner With Consumers
December 02, 2021  |  Disbursements

For millions, the pandemic has provided a new appreciation for how to send and receive money. That action was already extant when COVID-19 hit, but...

READ MORE >
Deep Dive: How Digitizing the Lending Process Can Help Accelerate Secure Fund Disbursements
Deep Dive: How Digitizing the Lending Process Can Help Accelerate Secure Fund Disbursements
December 02, 2021  |  Disbursements

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
LendingClub on the Benefits and Potential Pitfalls of Automated Lending
LendingClub on the Benefits and Potential Pitfalls of Automated Lending
December 01, 2021  |  Disbursements

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Bank Profits Fall Due to Loan Loss Reduction
Bank Profits Fall Due to Loan Loss Reduction
November 30, 2021  |  Loans

Banking profits dropped during the third quarter of 2021 due to a slower reduction in loan loss provisions, the Federal Deposit Insurance Corporation (FDIC) reported...

READ MORE >
Ant Group to Differentiate Between Borrowing From Company, Outside Lenders
Ant Group to Differentiate Between Borrowing From Company, Outside Lenders
November 24, 2021  |  Cross-border Payments

Ant Group has begun telling customers whether they’re borrowing from the company or from an outside lender, as founder Jack Ma continues his attempts to...

READ MORE >
Small Business Owners, FinTechs Back Federal Truth in Lending Bill
Small Business Owners, FinTechs Back Federal Truth in Lending Bill
November 23, 2021  |  Loans

In lending, many basic protections that apply to consumers, such as disclosure of the annual percentage rate, aren’t required when lending to small businesses. And...

READ MORE >