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

B2B Startups Ink $2.4B Despite Talk Of A Bubble
B2B Startups Ink $2.4B Despite Talk Of A Bubble
January 11, 2019  |  B2B Payments

PitchBook and the National Venture Capital Association (NVCA) released startling data on Thursday (Jan. 10) about the growth of venture capital (VC): Investors deployed almost $131...

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Chinese P2P Falls As Other Payment Ecosystems Expand
Chinese P2P Falls As Other Payment Ecosystems Expand
January 10, 2019  |  Ecosystems

Thanks to a nationwide crackdown on peer-to-peer (P2P) lending in China, a move that came after a series of multibillion dollar scams in that space...

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India’s Central Bank To Make Decision On Easing Lending Curbs
India’s Central Bank To Make Decision On Easing Lending Curbs
January 10, 2019  |  Regulation

The Reserve Bank of India (RBI) is in the process of reviewing the December quarterly results of state-owned banks to determine if lending restrictions will be...

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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending
GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending
January 07, 2019  |  B2B Payments

Collaborative efforts between FinTech firms and traditional FIs could get a boost amid guidelines for alternative data used in credit decisions, said the GAO. In...

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Didi Chuxing Offers Financial Services
Didi Chuxing Offers Financial Services
January 02, 2019  |  International

Didi Chuxing, China’s largest ride-hailing company, has debuted a slew of financial products for workers, according to reports. The company will offer crowdfunding and lending...

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Crypto Lenders See Demand Despite Bitcoin’s Fall
Crypto Lenders See Demand Despite Bitcoin’s Fall
January 02, 2019  |  Cryptocurrency

Lenders are weathering the downturn in cryptocurrency better than other players, with the industry seeing strong demand from borrowers. According to a report in Bloomberg,...

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Eddie Lampert Submits $4.4B Bid To Save Sears
Eddie Lampert Submits $4.4B Bid To Save Sears
January 02, 2019  |  Retail

In an effort that could help preserve 425 locations and the jobs of up to 50,000 workers, Sears Holdings Corp. Chairman Eddie Lampert made a...

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AltFin’s Bumpy Ride Into An Uncertain 2019
AltFin’s Bumpy Ride Into An Uncertain 2019
December 28, 2018  |  Alternative Finances

“It was the best of times, it was the worst of times…” -Charles Dickens, A Tale of Two Cities Charles Dickens’ famous starter to A...

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Eight UK Credit Unions Went Out Of Business In 2018
Eight UK Credit Unions Went Out Of Business In 2018
December 26, 2018  |  Loans

Largely hailed as safe alternatives to payday loan firms, credit unions in the U.K. are shuttering at the fastest tempo in years, amid fears that...

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