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

BNPL Firms’ New Regulatory Reality Unclear as CFPB’s Commentary Period Closes
BNPL Firms’ New Regulatory Reality Unclear as CFPB’s Commentary Period Closes
August 01, 2024  |  BNPL

The comments are in. The battle lines have been drawn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Synapse Financial Credit Division Loses Lending License
Synapse Financial Credit Division Loses Lending License
July 30, 2024  |  Regulation

Warren Buffett once remarked that it’s when the tide goes out that you find out who’s been swimming naked. Get the Full Story Complete the...

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SoFi Wants Tech Platform to Be AWS of Financial Services
SoFi Wants Tech Platform to Be AWS of Financial Services
July 30, 2024  |  Earnings

SoFi Technologies’ leadership wants the company to become the “Amazon Web Services” (AWS) of FinTech. Get the Full Story Complete the form to unlock this...

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Affirm Asks CFPB to Consider Unique Business Model of BNPL
Affirm Asks CFPB to Consider Unique Business Model of BNPL
July 29, 2024  |  BNPL

With the Consumer Financial Protection Bureau (CFPB) winding down its commentary period for potential buy now, pay later regulations, Affirm Friday (July 26) submitted a...

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NAB and Plenti Team on Pay by Bank for Loan Repayments
NAB and Plenti Team on Pay by Bank for Loan Repayments
July 24, 2024  |  Partnerships

Australian bank NAB has launched a collaboration with FinTech lender Plenti. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Regions Financial: Business Lending ‘Pipelines Are Beginning to Rebuild’
Regions Financial: Business Lending ‘Pipelines Are Beginning to Rebuild’
July 19, 2024  |  Earnings

Regions Financial saw average loans remain stable during the second quarter, with some signs that demand for business loans may pick up. Get the Full...

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Capital One Announces $265 Billion Community Plan as Part of Discover Deal
Capital One Announces $265 Billion Community Plan as Part of Discover Deal
July 17, 2024  |  Acquisitions

Capital One Announces $265 Billion Community Benefits Plan Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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FIS Launches Small Business Lending Solution for Banks
FIS Launches Small Business Lending Solution for Banks
July 16, 2024  |  SMBs

FIS launched a solution designed to help banks source, underwrite and fund loans to small- to medium-sized businesses (SMBs). Get the Full Story Complete the...

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Fig Financial Launches Personal Loan Service in Canada
Fig Financial Launches Personal Loan Service in Canada
July 09, 2024  |  Loans

Toronto-based lender Fig Financial says its personal loan service is now open to all Canadians. Get the Full Story Complete the form to unlock this...

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