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

SMB Digital Loan Applications Rose 19 Pct. YOY
SMB Digital Loan Applications Rose 19 Pct. YOY
December 30, 2019  |  Loans

As banks continue to shy away from providing small business loans, many small and medium-sized business (SMB) owners have turned to online lending companies to...

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SMBs’ Online Lending Surge Raises Borrower Protection Concerns
SMBs’ Online Lending Surge Raises Borrower Protection Concerns
December 30, 2019  |  B2B Payments

Small businesses continue to flock to online platforms to find much-needed financing, with banks still failing to fill the demand for small to medium-sized business...

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Open Banking Overcomes The Data Obstacle Of Paper
Open Banking Overcomes The Data Obstacle Of Paper
December 30, 2019  |  B2B Payments

The Open Banking business model has derived mixed reactions from the financial services market, and without a regulatory mandate in the U.S., it’s not entirely...

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Aye Finance Raises $14M To Bolster SMB Loan Portfolio
Aye Finance Raises $14M To Bolster SMB Loan Portfolio
December 26, 2019  |  B2B Payments

India-based Aye Finance has raised INR 1 billion (more than $14 million) in debt funding from BlueOrchard, reports said Thursday (Dec. 26). Aye Finance said...

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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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Gulf Winds’ Data Driven Approach To Member Retention
Gulf Winds’ Data Driven Approach To Member Retention
December 23, 2019  |  Credit Unions

Credit unions remain strong, despite the many challenges they face. The G.19 Statistical Release, “Consumer Credit,” recently found that CUs hold $64.4 billion in credit...

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An Automated, AI Fix For Law Firms’ Paper Check Rut
An Automated, AI Fix For Law Firms’ Paper Check Rut
December 18, 2019  |  Disbursements

Checks are continuing their fall from grace, but instant payments still have not risen to take the disbursements crown quite yet. The two payment methods...

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Can Data Driven Lending Displace VC Funding For Some Firms?
Can Data Driven Lending Displace VC Funding For Some Firms?
December 17, 2019  |  Loans

Running a small business is not for the faint of heart — or the deeply optimistic. The numbers, as offered by the U.S. Bureau of...

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Chinese Province Shuts Down All P2P Lenders
Chinese Province Shuts Down All P2P Lenders
December 16, 2019  |  International

Peer-to-peer (P2P) lending platforms have shuttered in China’s Hebei province as regulators aim to get rid of deception and inefficiency in the sector, South China...

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