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

JPMorgan Chase Opens Earnings Season With Card Loan Growth, Mobile Additions
JPMorgan Chase Opens Earnings Season With Card Loan Growth, Mobile Additions
July 14, 2017  |  Earnings

JPMorgan Chase posted results that helped kick off earnings season Friday morning. The firm showed traction in its loan book, mobile efforts and credit card...

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Logistics Services And Lending Services Bow Via MercadoLibre
Logistics Services And Lending Services Bow Via MercadoLibre
July 12, 2017  |  International

MercadoLibre, the online marketplace serving Argentina, is boosting its presence in areas such as lending and logistics. Those areas, Reuters reported on Tuesday, had once been...

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U.S. Consumer Borrowing Posts Biggest Increase In Six Months
U.S. Consumer Borrowing Posts Biggest Increase In Six Months
July 11, 2017  |  Payments Innovation

The American people are feeling more confident about spending, if last month’s consumer borrowing numbers are any indicator. Borrowing patterns tend to correlate directly with...

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Experian Debuts Credit Application Offering ‘Text for Credit’
Experian Debuts Credit Application Offering ‘Text for Credit’
July 11, 2017  |  Payment Methods

Experian recently reported that it has unveiled Text for Credit, a credit application initiated and completed via text message. The company said in a release...

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Goldman Sachs To Launch Mobile App For Consumers
Goldman Sachs To Launch Mobile App For Consumers
July 07, 2017  |  Banking

Goldman Sachs, the Wall Street bank that has been offering more services to retail consumers in the last few years, is working on a mobile...

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In Lending, Next-Day Payout Doesn’t Cut It
In Lending, Next-Day Payout Doesn’t Cut It
July 06, 2017  |  CEO Series

Online and alternative lending is satiating consumers’ need for speed when it comes to accessing finance. But, while an online loan decision may be near-instant,...

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LendingPoint CEO On Medical Payments ‘Last Mile’ Problem
LendingPoint CEO On Medical Payments ‘Last Mile’ Problem
July 03, 2017  |  Loans

With healthcare costs on the perpetual rise, many employers are offering insurance plans with high deductibles to keep costs down. But that can leave patients...

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Everyone Hates Payday Lenders And Check Cashers (Except The People Who Use Them)
Everyone Hates Payday Lenders And Check Cashers (Except The People Who Use Them)
June 27, 2017  |  Loans

Everyone hates consumer lenders — politicians, consumer groups, prayer circles — except the people who use them. They tend to like the products — and...

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SMB Lending Platform Nav Lands Visa Talent
SMB Lending Platform Nav Lands Visa Talent
June 21, 2017  |  B2B Payments

Small business lending platform Nav announced Tuesday (June 20) that Visa Head of Global Small Business Janet Zablock is joining its board as an independent...

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