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’s Brainard Says Banks Play Key Role In Holding FinTechs Accountable
Fed’s Brainard Says Banks Play Key Role In Holding FinTechs Accountable
November 17, 2017  |  Regulation

Lael Brainard, a member of the Federal Reserve’s Board of Governors, thinks that traditional lenders need to demand that online financial companies protect consumer privacy...

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Amid Push To Open China’s Financial Markets, Some Banks May Hesitate
Amid Push To Open China’s Financial Markets, Some Banks May Hesitate
November 16, 2017  |  Bank Regulation

Will China’s invitation get the party started? Put a different way: If you open a country’s financial markets, will the (foreign) banks bring the capital?...

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Wells CFO Not Losing Sleep Over Rising Consumer Debt
Wells CFO Not Losing Sleep Over Rising Consumer Debt
November 16, 2017  |  Debt

Wells Fargo Chief Financial Officer John Shrewsberry said at an industry conference on Wednesday (Nov. 15) that he isn’t concerned consumers are having a tough...

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Only 12 Percent Of SMBs Have Used Alternative Finance, Survey Finds
Only 12 Percent Of SMBs Have Used Alternative Finance, Survey Finds
November 15, 2017  |  B2B Payments

A new survey from alternative lender Reliant Funding found only 12 percent of surveyed small businesses (SMBs) have actually used alternative finance. The company released...

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Today In Data: Healthcare Debt, Unbanked Economy Boosters And Late B2B Payments
Today In Data: Healthcare Debt, Unbanked Economy Boosters And Late B2B Payments
November 14, 2017  |  Today In Data

B2B payments are powerful, but so are mounting debts. Innovative technology is making it increasingly easy for companies and individuals to exchange money for goods...

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Inside GrabPay’s Digital Payments Playbook
Inside GrabPay’s Digital Payments Playbook
November 13, 2017  |  International

Muhammed needs six new computers for his internet café in Jakarta. It’s a small café, and six machines are enough, but the ones he has...

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Capital One Exits The Mortgage Origination Business
Capital One Exits The Mortgage Origination Business
November 09, 2017  |  Loans

Capital One Financial Corp. is getting out of the mortgage origination and home equity business, while continuing to service their existing and pending home loans,...

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Anticipation For Amazon’s SMB Lending Disruption Grows
Anticipation For Amazon’s SMB Lending Disruption Grows
October 26, 2017  |  B2B Payments

It was the (initially) small FinTech startups that delivered a collective shakeup to the small business (SMB) lending industry. Alternative and marketplace lending platforms promised...

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How To Bring ‘Invisibles’ Into The Credit Fold
How To Bring ‘Invisibles’ Into The Credit Fold
October 26, 2017  |  Alternative Finances

How much of the U.S. population is financially vulnerable? That is, how many are walking the razor’s edge of solvency, and how many are on...

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