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

China’s New Guidelines To Boost SMB Lending
China’s New Guidelines To Boost SMB Lending
March 13, 2019  |  Loans

The China Banking and Insurance Regulatory Commission (CBIRC) has released new guidelines aimed at getting banks to increase lending to small businesses. According to a...

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How NepFin, HSBC Target A Middle-Market Lending ‘Gap’
How NepFin, HSBC Target A Middle-Market Lending ‘Gap’
March 12, 2019  |  B2B Payments

Neptune Financial has linked with HSBC US Commercial Banking, serving middle market companies – and tapping into a $7.3 trillion opportunity. NepFin CEO Albert Periu...

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Chinese Banks Reined In Lending In February
Chinese Banks Reined In Lending In February
March 10, 2019  |  South East Asia

Banks in China reined in lending in February coming off a record high at the start of 2019, reported The Wall Street Journal. The report, citing...

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How PSD2 Is Changing Lending In The UK
How PSD2 Is Changing Lending In The UK
March 08, 2019  |  Regulation

PSD2 launched in January 2018 and has been active in the European Union for a little over a year now, meaning that banks, merchants and...

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Dems Vow To Reverse CFPB Actions Under Mulvaney
Dems Vow To Reverse CFPB Actions Under Mulvaney
March 08, 2019  |  CFPB

The Consumer Financial Protection Bureau came under fire from the House Financial Services Committee, which is now controlled by Democrats, during a hearing Thursday (March...

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How PenFed Kept Financial Doors Open During Government Shutdowns
How PenFed Kept Financial Doors Open During Government Shutdowns
March 07, 2019  |  Credit Unions

During the 35-day U.S. government shutdown, federal credit unions had thousands of members without paychecks, with no end in sight. Ricardo Chamorro, EVP at D.C....

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CFPB: More Servicemembers Use VA Loans For First-Time Homebuying
CFPB: More Servicemembers Use VA Loans For First-Time Homebuying
March 01, 2019  |  Loans

The Consumer Financial Protection Bureau (CFPB) disclosed in a report on Friday (March 1) that there has been an increase in active duty service members...

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Bitcoin Daily: Ex-SoFi Head Pairs Blockchain With Lending; Fidelity Trials Bitcoin ‘Lightning’ Payments
Bitcoin Daily: Ex-SoFi Head Pairs Blockchain With Lending; Fidelity Trials Bitcoin ‘Lightning’ Payments
February 28, 2019  |  Bitcoin

The Lightning Network, a bitcoin experiment that allows users to quickly transfer funds around the world without a third party, has completed another transaction. According...

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Chase Throws Hat Into Installment Financing Ring
Chase Throws Hat Into Installment Financing Ring
February 27, 2019  |  Loans

JPMorgan Chase, aiming to get a bigger piece of the point of sale financing market, announced Wednesday (Feb. 27) that it is launching “My Chase...

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