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

Temenos To Power Telia’s Digital Banking Portal
Temenos To Power Telia’s Digital Banking Portal
April 12, 2018  |  B2B Payments

Bank software company Temenos has won the competition to work with telecommunications conglomerate Telia and power its digital banking operations, according to Reuters reports on...

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NatWest Links Businesses To MarketInvoice
NatWest Links Businesses To MarketInvoice
April 12, 2018  |  B2B Payments

In the latest move of a traditional lender collaborating with the alternative finance industry, NatWest, a financial institution (FI) based in the U.K., announced a...

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Wells Fargo Reviewing Aftermarket Auto Products To Get Ahead Of Any Issues
Wells Fargo Reviewing Aftermarket Auto Products To Get Ahead Of Any Issues
April 10, 2018  |  News

Wells Fargo is expanding the review of its auto products and the services it finances after customers purchase a vehicle at an auto dealership. Get the...

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Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
April 10, 2018  |  Bank Regulation

The Consumer Finance Protection Bureau is seeking to impose fines – for a record amount – on Wells Fargo tied to the banking giant’s practices...

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Can AI Kill The FICO Score?
Can AI Kill The FICO Score?
April 10, 2018  |  Loans

Just as SAT scores don’t convey everything about a student, FICO scores don’t convey everything about a loan applicant. They can be one valuable piece...

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UK Bank Industry Trade Group Launches Review Of SMB Mistreatment
UK Bank Industry Trade Group Launches Review Of SMB Mistreatment
March 30, 2018  |  B2B Payments

UK Finance, an industry trade association, is launching an independent investigation into the way the market’s banks treat small businesses (SMBs), according to Reuters reports...

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Small Businesses Flocking To Mobile Loans, Kabbage Finds
Small Businesses Flocking To Mobile Loans, Kabbage Finds
March 29, 2018  |  B2B Payments

Analysis of borrowing behavior among small businesses suggests SMB borrowers are increasingly turning to mobile devices to access funding, according to new data from Kabbage....

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Point-Of-Sale Flexibility Inflates Spend
Point-Of-Sale Flexibility Inflates Spend
March 28, 2018  |  Point of Sale

Talk to anyone in the U.S. credit space, and they can tell you about their access to consumer information, such as name, income, education, voting...

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European Banks Funnel UK Business Loans Through MarketInvoice
European Banks Funnel UK Business Loans Through MarketInvoice
March 27, 2018  |  B2B Payments

Two European banks will funnel a combined $191 million in business loans through the U.K. marketplace loan platform MarketInvoice, according to Reuters reports on Monday...

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