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

How Social Media Bridges China’s Lending Gap
How Social Media Bridges China’s Lending Gap
September 01, 2015  |  International

At least one Chinese company has paired social media with lending. Tencent evaluated 50 million Chinese consumers using what might be thought of as unconventional...

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Auto Loans Top $1 Trillion For The First Time In US History
Auto Loans Top $1 Trillion For The First Time In US History
August 14, 2015  |  Financial Inclusion

With the Great Recession officially a memory for most consumers, Americans are both buying and financing cars. A lot , as it turns out, as...

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In India, SME Lending Benefits From Innovation
In India, SME Lending Benefits From Innovation
August 03, 2015  |  B2B Payments

Indian SMEs need access to capital, in an environment where big bank lending is slowing. The CEO of payments company Innoviti sees real value bringing...

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