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

Affirm Is Ready To Reach Beyond Lending
Affirm Is Ready To Reach Beyond Lending
October 20, 2017  |  Alternative Finances

“Trust me to give you sound [financial] advice,” Max Levchin, founder and CEO of Affirm, said at The Wall Street Journal’s WSJ D.Live technology conference...

READ MORE >
Small Business Borrowing To Take A Downturn, Survey Finds
Small Business Borrowing To Take A Downturn, Survey Finds
October 19, 2017  |  B2B Payments

A new survey released on Wednesday (Oct. 18) suggests that small businesses (SMBs) are likely to reduce borrowing activity in the second half of 2017....

READ MORE >
Former Obama Advisor Eyes Google, Amazon For SMB Lending
Former Obama Advisor Eyes Google, Amazon For SMB Lending
October 16, 2017  |  B2B Payments

Google and Amazon are ready to shake up the small business lending world and place competitive pressure on traditional banks, according to Karen Mills, advisor...

READ MORE >
The Role Of SMB Lending At Community Banks Is Changing
The Role Of SMB Lending At Community Banks Is Changing
October 11, 2017  |  B2B Payments

Small business (SMB) lending is big business for community banks, which are a popular destination for small business borrowers, thanks to strong approval rates on...

READ MORE >
RBI Study Warns Banks Of Ad Hoc Tactics To Inflate Lending Rates
RBI Study Warns Banks Of Ad Hoc Tactics To Inflate Lending Rates
October 10, 2017  |  B2B Payments

A report out by the Reserve Bank of India (RBI) warns banks across the country that their “ad hoc” processes to inflate lending rates or...

READ MORE >
CFPB Has Spoken: Payday Lending Regs Drop
CFPB Has Spoken: Payday Lending Regs Drop
October 06, 2017  |  Bank Regulation

“The clamp down.” “The crackdown.” “The crushing blow.” Headline writers found no shortage of dramatic ways to characterize the final version of the CFPB’s short-term lending...

READ MORE >
CFPB Has Spoken: Payday Lending Regs Drop
CFPB Has Spoken: Payday Lending Regs Drop
October 06, 2017  |  Bank Regulation

“The clamp down.” “The crackdown.” “The crushing blow.” Headline writers found no shortage of dramatic ways to characterize the final version of the CFPB’s short-term lending...

READ MORE >
Aussie SMB Ombudsman Suggests Government-Backed Business Bank
Aussie SMB Ombudsman Suggests Government-Backed Business Bank
October 03, 2017  |  B2B Payments

Australia’s Small Business Ombudsman Kate Carnell wants the country to establish a government-backed bank to support small businesses (SMBs), news reports said on Monday (Oct....

READ MORE >
CFPB Cracks Down On Deceptive Lender Who Targeted 9/11 First Responders
CFPB Cracks Down On Deceptive Lender Who Targeted 9/11 First Responders
September 20, 2017  |  Security & Fraud

The Consumer Financial Protection Bureau announced Tuesday (Sept. 19) that it took action against Top Notch Funding and two individuals associated with the company. In...

READ MORE >