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

New Study: Use Of AI To Lower Risk Has Nearly Tripled Among Financial Institutions

New Study: Use Of AI To Lower Risk Has Nearly Tripled Among Financial Institutions
New Study: Use Of AI To Lower Risk Has Nearly Tripled Among Financial Institutions
May 06, 2021  |  Artificial Intelligence

If it seems like companies are slapping artificial intelligence (AI) onto everything in the pandemic era, it’s because so many are. To gauge the focus...

READ MORE >
Clearco: Performance-Based Financing Bridges Digital SMB Capital Divide
Clearco: Performance-Based Financing Bridges Digital SMB Capital Divide
May 03, 2021  |  B2B Payments

It’s a frustrating paradox for any small- to medium-sized business (SMB) entrepreneur: You have to have money to get money. Get the Full Story Complete...

READ MORE >
Virgin Money Teams With Trade Ledger On Business Lending Tech
Virgin Money Teams With Trade Ledger On Business Lending Tech
April 29, 2021  |  B2B Payments

Virgin Money is collaborating with FinTech Trade Ledger as it keeps developing its corporate banking offering, according to a Thursday (April 29) announcement. Get the...

READ MORE >
Today In Digital-First Banking: LendingClub’s Q1 Loan Originations Increase By 63 Pct; US Bank Provides SPAC Solutions
Today In Digital-First Banking: LendingClub’s Q1 Loan Originations Increase By 63 Pct; US Bank Provides...
April 29, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, LendingClub reported that loan originations grew by 63 percent quarter over quarter, while U.S. Bank is rolling out...

READ MORE >
LendingClub Q1 Loan Originations Grow By 63 Pct
LendingClub Q1 Loan Originations Grow By 63 Pct
April 28, 2021  |  Earnings

LendingClub reported Wednesday (April 28) as part of its first quarter earnings results that loan originations climbed 63 percent quarter over quarter, according to an...

READ MORE >
Report: Credit Unions Tap Data To Capture Member Credit Business
Report: Credit Unions Tap Data To Capture Member Credit Business
April 28, 2021  |  Credit Unions

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 >
Experian Unveils Data Suite For SMB Lenders
Experian Unveils Data Suite For SMB Lenders
April 27, 2021  |  B2B Payments

Experian unveiled the Ascend Commercial Suite, which is targeted toward financial institutions focused on business lending and insurance carriers, according to a Thursday (April 27)...

READ MORE >
SMB Lender OnDeck Gears Up For Asset-Backed Security Sale
SMB Lender OnDeck Gears Up For Asset-Backed Security Sale
April 26, 2021  |  Partnerships / Acquisitions

OnDeck Capital, the small to medium-sized business (SMB) digital lender, is reportedly gearing up for its first bond sale after installment loan issuer Enova International...

READ MORE >