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

Fed, OCC, FDIC: US Bank Loan Risk On The Decline
Fed, OCC, FDIC: US Bank Loan Risk On The Decline
January 25, 2019  |  Loans

For big bank loans taken out before April of 2018, prospects of repayment are good, federal banking regulators said on Friday (Jan. 25). However, the...

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Dutch Startup Raises $33M For AI In Real Estate
Dutch Startup Raises $33M For AI In Real Estate
January 24, 2019  |  Investments

When Dutch entrepreneur Teun van den Dries started GeoPhy, an artificial intelligence (AI)-driven service that performs real estate valuations, there was nothing like it on the...

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SMB Payments, Lending Startup KiWi Grabs Funding
SMB Payments, Lending Startup KiWi Grabs Funding
January 22, 2019  |  B2B Payments

Investors have backed Switzerland-based FinTech startup KiWi to help the firm expand its small business payments and lending operations in Mexico, reports in BankingTech said Monday...

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Pawn Shops, Payday Lenders Benefit From Gov’t Shutdown
Pawn Shops, Payday Lenders Benefit From Gov’t Shutdown
January 21, 2019  |  Debt

The partial government shutdown, which is now in its fourth week with no sign of ending, is helping out at least two industries: pawn shops...

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Amex Misses In Q4 Amid Lending Write-Offs
Amex Misses In Q4 Amid Lending Write-Offs
January 18, 2019  |  Earnings

American Express posted earnings results on Thursday (Jan. 17) after markets closed that missed the Street, as merchant and services revenues were both below expectations, and write-offs...

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CFPB Asks Congress For Authority To Oversee Military Lending Act Compliance
CFPB Asks Congress For Authority To Oversee Military Lending Act Compliance
January 18, 2019  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has asked the United States Congress for the authority to supervise compliance of the Military Lending Act (MLA), the...

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UK Mortgages, Credit Demand To Decline Pre-Brexit
UK Mortgages, Credit Demand To Decline Pre-Brexit
January 17, 2019  |  International

British lenders say that leading up to Brexit, they expect the largest drop in demand for credit cards and mortgages than they’ve seen in many...

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Has Microlending Lived Up To The Hype?
Has Microlending Lived Up To The Hype?
January 16, 2019  |  Loans

Microlending – or small loans (less than a few hundred dollars) – has become a popular, buzzed-about method of poverty relief over the last few...

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Goldman’s Marcus Logs $35B In Deposits In 2018
Goldman’s Marcus Logs $35B In Deposits In 2018
January 16, 2019  |  Earnings

Goldman Sachs saw its latest quarterly results beat Street estimates, helped by a combination of investment banking-related activity – but also by strength in its...

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