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

Equifax Gives Lenders Access To SMB Data
Equifax Gives Lenders Access To SMB Data
February 06, 2018  |  B2B Payments

Soon after news emerged that the Consumer Financial Protection Bureau (CFPB) would be pulling back its investigation into Equifax Inc. and the data breach that...

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LendingClub: Getting Borrowers Off The Credit Hamster Wheel
LendingClub: Getting Borrowers Off The Credit Hamster Wheel
February 05, 2018  |  Banking

Another day, another customer trudging into the bank to discuss credit card debt and a lack of savings … over a venti Starbucks latté. It...

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i2C Partners With Payfare To Pay Gig Workers
i2C Partners With Payfare To Pay Gig Workers
January 30, 2018  |  Partnerships / Acquisitions

Global payments company i2c announced news on Tuesday (Jan. 30) that it inked a deal with Payfare, a provider of mobile banking and micro-lending, in which...

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FDIC Head Nominee Would Speed Up Issuing ILC Licenses
FDIC Head Nominee Would Speed Up Issuing ILC Licenses
January 24, 2018  |  Regulation

Jelena McWilliams, nominated by President Donald Trump to head the Federal Deposit Insurance Corporation (FDIC), said Tuesday (Jan. 23) that she would investigate the “hold-up”...

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Sorodo Expands Platform Beyond Merchant Cash Advances
Sorodo Expands Platform Beyond Merchant Cash Advances
January 16, 2018  |  B2B Payments

U.K. alternative lender Sorodo says small businesses (SMBs) in the nation remain unaware of the option to access a merchant cash advance, and that’s something...

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Does Tribal Lending Have A Future?
Does Tribal Lending Have A Future?
January 16, 2018  |  Alternative Finances

Scott Tucker’s pre-sentencing “apology” will not likely be remembered as one of history’s greatest all-time allocutions of contrition. The Kansas businessman – facing a 2017...

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Tradeplus24 Steps Into Aussie SME Lending Market With Deep Tech Partner
Tradeplus24 Steps Into Aussie SME Lending Market With Deep Tech Partner
January 15, 2018  |  B2B Payments

Switzerland alternative lending company Tradeplus24 is entering the Australian market through a collaboration with Trade Ledger, the companies announced. Reports Friday (Jan. 12) said Trade...

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Funding Circle Lands Community Bank Partner
Funding Circle Lands Community Bank Partner
January 05, 2018  |  B2B Payments

Alternative small business (SMB) lending platform Funding Circle has announced a new partnership with a traditional lender. Community financial institution (FI) INTRUST Bank is working...

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Bank-FinTech Hybrid Tyro Launches SMB Accounts In Australia
Bank-FinTech Hybrid Tyro Launches SMB Accounts In Australia
December 27, 2017  |  B2B Payments

Australian bank Tyro is introducing new services for its small- and medium-sized business (SMB) customers. The new services include lending products, reports in The Adviser...

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