online lending

Simply put, an online loan is money that's borrowed from a lender who operates online. While the specific process for an online loan can vary from lender to lender, there are many ways in which it's the same across the board.

Source: opploans.com

Goldman Tightens Marcus Lending Reins
Goldman Tightens Marcus Lending Reins
October 08, 2018  |  Loans

Goldman Sachs might be reining in its online lending platform due to concerns about the stage of the credit cycle and changes in market data....

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LendingClub Settles With SEC, DOJ
LendingClub Settles With SEC, DOJ
October 01, 2018  |  Security & Fraud

On Friday (Sept. 30), LendingClub officially closed the door on a two-year chapter in its corporate history that its current board and founding team would...

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Bread Snags $60M For Omnichannel Retail Payments
Bread Snags $60M For Omnichannel Retail Payments
September 19, 2018  |  Investments

FinTech startup Bread announced that it has completed a $60 million round of equity financing. Founded in 2014, Bread offers white-label solutions for retailers who wish...

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China Zeroes In On Online Loan Risk
China Zeroes In On Online Loan Risk
August 28, 2018  |  International

China is expediting the development of regulation aimed at preventing online lending risks and promoting market stability. According to Reuters, the decision was made after...

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Protests Mark China’s Ruptured P2P Lending Landscape
Protests Mark China’s Ruptured P2P Lending Landscape
August 14, 2018  |  International

China’s peer-to-peer (P2P) lending crisis has caused widespread anger from citizens who are demanding that the government bail out hundreds of collapsed P2P companies. Last...

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Why Household Finances Under The Hood Don’t Look So Good
Why Household Finances Under The Hood Don’t Look So Good
July 23, 2018  |  Payments Innovation

Paul McCartney and The Beatles may have told us that money can’t buy us love, but new research claims that it can certainly buy us...

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Santander Adopts nCino Platform For Faster SMB Lending
Santander Adopts nCino Platform For Faster SMB Lending
July 19, 2018  |  B2B Payments

Santander Bank is adopting nCino technology to accelerate its business lending operations, the FI announced on Wednesday (July 18). Santander’s business banking unit has integrated...

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OnDeck Secures Credit Facilities In Australia And Canada
OnDeck Secures Credit Facilities In Australia And Canada
July 19, 2018  |  B2B Payments

Alternative small business lending platform OnDeck is expanding financing to businesses in Canada and Australia, the company announced on Wednesday (July 18). OnDeck announced the...

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NY Dept Financial Services: Online Lenders Need Oversight
NY Dept Financial Services: Online Lenders Need Oversight
July 12, 2018  |  Regulation

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. A bill...

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