PYMNTS-MonitorEdge-May-2024

borrowing

India Introduces New Laws, Cap Regarding P2P Lending
India Introduces New Laws, Cap Regarding P2P Lending
December 23, 2019  |  Regulation

The Reserve Bank of India (RBI), in a move to protect the interests of consumers, has passed a regulation that says the allowable exposure of...

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Buy Now, Pay Later: Cure For The Credit Hangover?
Buy Now, Pay Later: Cure For The Credit Hangover?
December 10, 2019  |  Payment Methods

Heard about this Australia thing? “Buy now, pay later” (BNPL) alternatives made a big splash there in late 2018, had their moment and then it...

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Global Debt Spike Has Some Central Bankers Worried
Global Debt Spike Has Some Central Bankers Worried
September 09, 2019  |  Economy

As the U.S.-China trade war continues and economies take a dive, already low global interest rates could drop even further, The Wall Street Journal reported...

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New RealPage Credit Facilities Expand Borrowing Capacity To $1.2B
New RealPage Credit Facilities Expand Borrowing Capacity To $1.2B
September 05, 2019  |  Real Estate

RealPage, a leading global provider of software and data analytics to the real estate industry, announced it has entered into new credit facilities, which expands...

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Cred Crypto Lender Names PayPal Veteran As CFO
Cred Crypto Lender Names PayPal Veteran As CFO
August 26, 2019  |  Personnel

Cred, a global crypto-backed lending and borrowing platform, has announced the addition of two executive team members. Joe Podulka, a 10-year veteran of eBay and...

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As Economies Slow And Global Debt Grows, Red Lights Flash
As Economies Slow And Global Debt Grows, Red Lights Flash
January 23, 2019  |  Economy

The economic slowdown that has been flagged this week by the International Monetary Fund (IMF) is one that may be sparked in part by a...

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Consumer Credit Originations Poised For More Growth In 2019
Consumer Credit Originations Poised For More Growth In 2019
December 12, 2018  |  Loans

Thanks to low unemployment, growth in GDP and real disposable income, TransUnion forecasted that consumer credit originations and consumer balances will increase in 2019 for...

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Oct. Consumer Credit Logs Fastest Gains In 11 Months
Oct. Consumer Credit Logs Fastest Gains In 11 Months
December 07, 2018  |  Debt

The willingness to take on debt and open wallets, at least here, remains unabated. In the United States, consumer debt gained at its headiest pace...

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Borrowing By UK Corporates At Three-Year Low
Borrowing By UK Corporates At Three-Year Low
February 27, 2018  |  B2B Payments

Reports in Bloomberg on Monday (Feb. 26) said that, according to new data, businesses in the U.K. are borrowing at their lowest rate since 2015,...

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