PYMNTS-MonitorEdge-May-2024

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

The Rise Of Instant Payments In The Lending Industry
The Rise Of Instant Payments In The Lending Industry
November 04, 2019  |  Disbursements

Meeting consumer demand for faster disbursements can help lenders differentiate themselves within a sea of competition, but faster access cannot come at the speed of...

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Top News In Payments: Paidy Notches $143M In Funding; UK Legislators Want First-Time Payments Delay
Top News In Payments: Paidy Notches $143M In Funding; UK Legislators Want First-Time Payments Delay
November 01, 2019  |  News

In today’s top payments news, Japan’s instant credit startup Paidy notched $143 million in a Series C extension funding round. Also, legislators in the United...

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Trending: The Rise Of Instant Payments In Lending
Trending: The Rise Of Instant Payments In Lending
November 01, 2019  |  Disbursements

More consumers want faster disbursements through digital channels for more complex financial transactions, and they want that functionality available now. Merchants and disbursements providers need...

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India’s Struggling Yes Bank Sees Share Boost From $1.2B Offer
India’s Struggling Yes Bank Sees Share Boost From $1.2B Offer
October 31, 2019  |  Investments

Yes Bank in India has received an offer from an unnamed investor in the amount of $1.2 billion for a stake in the bank, according...

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Deep Dive: How CUs Can Close The AI Innovation Gap
Deep Dive: How CUs Can Close The AI Innovation Gap
October 31, 2019  |  Credit Unions

Credit unions (CUs) have followed banks’ digital banking lead, churning out platforms, services and mobile apps for consumers to use speedy, convenient online services. However,...

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Open Banking Goes Straight To The Corporate Customer
Open Banking Goes Straight To The Corporate Customer
October 30, 2019  |  B2B Payments

Open banking jumped onto the financial services scene with a focus on enabling consumer-facing FinTech platforms to connect with their users’ bank account data. The...

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Wells Axes 200+ Staffers From US Lending Units
Wells Axes 200+ Staffers From US Lending Units
October 27, 2019  |  Personnel

Sources have revealed that Wells Fargo has laid off more than 200 bankers in its U.S. lending division in recent months, with a focus on...

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FundingSecure British P2P Lender Faces Collapse
FundingSecure British P2P Lender Faces Collapse
October 24, 2019  |  Loans

U.K.-based FundingSecure has called in administrators at CG Recovery as it becomes the second peer-to-peer (P2P) lender in the country to fold in six months....

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PayPal Expands SMB Loan Offering To Canada
PayPal Expands SMB Loan Offering To Canada
October 22, 2019  |  B2B Payments

PayPal is expanding its small business lending operations into Canada. In a press release issued on Monday (Oct. 21), the company announced PayPal Business Loan’s...

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