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

Avant Brings SaaS Lending Tech To Banks
Avant Brings SaaS Lending Tech To Banks
October 02, 2018  |  Loans

Avant is best known among its financial services peers as a FinTech firm, founded to throw automation and an artificial intelligence (AI)-enhanced underwriting process at...

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Default By Top India Non-Bank Lender Rattles Market
Default By Top India Non-Bank Lender Rattles Market
October 01, 2018  |  B2B Payments

A top infrastructure lender in India is now being questioned by regulators over its $12.6 billion debt, just months after creditors gave the lender a...

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VCs Eye Business Banking With Latest Crypto, FinTech Investments
VCs Eye Business Banking With Latest Crypto, FinTech Investments
September 28, 2018  |  B2B Payments

Cryptocurrencies are gaining more attention for a less expected reason: industry players’ interest in working with regulators to smooth out uncertainty in the market. As...

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YES Bank Denies Concealing Bad Corporate Loans
YES Bank Denies Concealing Bad Corporate Loans
September 28, 2018  |  B2B Payments

India’s YES Bank has denied covering up data that would reveal non-performing assets (NPAs) in the bank’s corporate loan portfolio, according to Bloomberg Quint reports...

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BIS Sees Boons, Risks As Alt Credit Gains Traction
BIS Sees Boons, Risks As Alt Credit Gains Traction
September 25, 2018  |  B2B Payments

Lending from FinTech firms — driven by tech, data and all sorts of innovations — has grown by leaps and bounds. However, as a recent...

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Bank Of America’s Corporate Banking Lead To Depart
Bank Of America’s Corporate Banking Lead To Depart
September 21, 2018  |  B2B Payments

A top corporate banking executive at Bank of America (BoA) is slated to depart the institution, according to The Wall Street Journal (WSJ) reports Thursday (Sept. 20)....

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Flipkart Launches Cashless Credit, Eyes Non-Banking License
Flipkart Launches Cashless Credit, Eyes Non-Banking License
September 20, 2018  |  Retail

Flipkart has launched a cashless credit program to give shoppers an instant credit line of up to Rs 60,000 ($833.97 USD). According to DealStreetAsia, depending...

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Square Eyes Banking Services Via Cash App
Square Eyes Banking Services Via Cash App
September 19, 2018  |  Mobile Applications

Square is in consideration of offering traditional banking services through its peer-to-peer (P2P) payment app. At Recode’s annual Code Commerce conference in New York on...

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A Decade On, Lending Transformed By Crisis And Innovation
A Decade On, Lending Transformed By Crisis And Innovation
September 18, 2018  |  Consumer Finance

Necessity is the mother of invention. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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