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

Microcredit Puts Loans Within Reach of Emerging-Market Consumers
Microcredit Puts Loans Within Reach of Emerging-Market Consumers
October 18, 2023  |  Consumer Finance

From buy now, pay later (BNPL) to credit card installments, there are diverse credit and lending products available to consumers today. However, for two-thirds of...

READ MORE >
Mastercard Teams With Worldpay and Zip to Scale Open Banking
Mastercard Teams With Worldpay and Zip to Scale Open Banking
October 17, 2023  |  Digital-First Banking

Mastercard is leveraging its open banking technology through partnerships announced Tuesday (Oct. 17) to provide flexible and secure lending and payments experiences for consumers and...

READ MORE >
Marqeta and Scalapay Team to Expand Europe’s BNPL Use
Marqeta and Scalapay Team to Expand Europe’s BNPL Use
October 17, 2023  |  BNPL

Card issuer Marqeta has teamed with Scalapay to expand buy now, pay later use in Europe. The collaboration, announced Tuesday (Oct. 17), will see Marqeta work with Scalapay — a buy...

READ MORE >
Crypto Lending Makes a Potentially Risky Comeback
Crypto Lending Makes a Potentially Risky Comeback
October 16, 2023  |  Cryptocurrency

Facing declining revenues, cryptocurrency exchanges are boosting their lending offerings. But the move by companies such as Binance and Coinbase could introduce new risks to...

READ MORE >
Big Banks Weigh Better Rates for Depositors
Big Banks Weigh Better Rates for Depositors
October 15, 2023  |  Banking

America’s largest banks say their profits from high interest rates could soon take a hit. As the Financial Times (FT) reported Saturday (Oct. 14), larger lenders...

READ MORE >
US Banks Brace for Surge in Bad Debt Write-Offs
US Banks Brace for Surge in Bad Debt Write-Offs
October 11, 2023  |  Banking

The largest U.S. banks are reportedly bracing themselves for a surge in bad debt write-offs, the highest since the early days of the pandemic. JPMorgan...

READ MORE >
Citi Chair: New Capital Requirements Will Hurt Lending
Citi Chair: New Capital Requirements Will Hurt Lending
October 11, 2023  |  Bank Regulation

Citigroup’s chairman is the latest banking executive to warn against the U.S. plan for new capital requirements. In an interview with Bloomberg published Wednesday (Oct. 11), John C. Dugan said...

READ MORE >
Research Links Quick Access to Digital Loans to Higher Default Rates
Research Links Quick Access to Digital Loans to Higher Default Rates
October 10, 2023  |  Loans

Technology broadened the lending landscape, making it easier for previously underserved populations to receive money with a speediness that would be otherwise unimaginable were it...

READ MORE >
26% of Consumers Say Interest Rates Influence Credit Product Choices
26% of Consumers Say Interest Rates Influence Credit Product Choices
October 09, 2023  |  Consumer Insights

Consumers are increasingly focused on finding the best deal — a preference driven by loss aversion and a desire to maximize the benefits of their...

READ MORE >