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

Getting A Glimpse Under The Payments And Commerce Hood
Getting A Glimpse Under The Payments And Commerce Hood
April 18, 2018  |  Today In Data

Appearances can be deceiving, which is why avoiding assumptions is often the better part of valor. One might assume major banks are out of subprime home...

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Australia Outpaces US In FinTech Adoption, OnDeck Says
Australia Outpaces US In FinTech Adoption, OnDeck Says
April 18, 2018  |  B2B Payments

Australia’s adoption of alternative finance and FinTech is outpacing that of the U.S., according to OnDeck Capital Chief Executive Noah Breslow. Reports in The Sydney...

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SMBs Feel Neglected By Banks — But Lack Unbiased Information To Switch
SMBs Feel Neglected By Banks — But Lack Unbiased Information To Switch
April 17, 2018  |  B2B Payments

U.K. small businesses (SMBs) have made it clear they’re willing to switch financial service providers to access the financial services they need to thrive. But...

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Wells, JPMorgan, Citi (Mostly) Impress In Q1 — But Corporate Activity Falls Flat
Wells, JPMorgan, Citi (Mostly) Impress In Q1 — But Corporate Activity Falls Flat
April 16, 2018  |  B2B Payments

Top banking rivals JPMorgan Chase, Wells Fargo and Citigroup all posted their earnings on Friday (April 13), and overall, the institutions beat (most) analysts’ estimates....

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YES BANK Taps Tax Return Data For SMB Loan Underwriting
YES BANK Taps Tax Return Data For SMB Loan Underwriting
April 16, 2018  |  B2B Payments

India’s YES BANK is tapping into tax data to expand small business (SMB) lending. Reports in MENAFN on Friday (April 13) said the company plans...

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Kabbage Acquires Lending Data Provider Orchard Platform Markets
Kabbage Acquires Lending Data Provider Orchard Platform Markets
April 13, 2018  |  Partnerships / Acquisitions

Small business lending platform Kabbage is making plans to acquire Orchard Platform Markets, a provider of lending data and services. According to Bloomberg, several sources...

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Temenos To Power Telia’s Digital Banking Portal
Temenos To Power Telia’s Digital Banking Portal
April 12, 2018  |  B2B Payments

Bank software company Temenos has won the competition to work with telecommunications conglomerate Telia and power its digital banking operations, according to Reuters reports on...

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NatWest Links Businesses To MarketInvoice
NatWest Links Businesses To MarketInvoice
April 12, 2018  |  B2B Payments

In the latest move of a traditional lender collaborating with the alternative finance industry, NatWest, a financial institution (FI) based in the U.K., announced a...

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Wells Fargo Reviewing Aftermarket Auto Products To Get Ahead Of Any Issues
Wells Fargo Reviewing Aftermarket Auto Products To Get Ahead Of Any Issues
April 10, 2018  |  News

Wells Fargo is expanding the review of its auto products and the services it finances after customers purchase a vehicle at an auto dealership. The Wall...

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