PYMNTS-MonitorEdge-May-2024

short-term lending

Elepay Debuts 180-Day Pay-Later Offering for Property Owners
Elepay Debuts 180-Day Pay-Later Offering for Property Owners
September 03, 2024  |  Loans

Australian lender Elepay has introduced its latest pay-later solution for property owners. The Brisbane-based company’s 180-day offering, announced in a news release Tuesday (Sept. 3), is designed to allow...

READ MORE >
More Regulatory Trouble Could Be Heading Short-Term Lenders’ Way
More Regulatory Trouble Could Be Heading Short-Term Lenders’ Way
November 19, 2019  |  Alternative Finances

Keeping track of the legal status of short-term lending in the U.S. – which encompasses financial products such as payday loans, pawn loans and title loans...

READ MORE >
Sen. Warren Presses Mnuchin On Recent Issues In Repo Markets
Sen. Warren Presses Mnuchin On Recent Issues In Repo Markets
October 22, 2019  |  Regulation

Recent short-term, or repo, lending issues have Sen. Elizabeth Warren worried that banks could potentially use the problems to justify easing regulations on the banking...

READ MORE >
State Regulators Investigate Payday Advances
State Regulators Investigate Payday Advances
August 08, 2019  |  Alternative Finances

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the...

READ MORE >
Pew Pushes Installment Loans As Regulated Payday Alternative
Pew Pushes Installment Loans As Regulated Payday Alternative
October 17, 2018  |  Alternative Finances

Short-term lending – specifically, payday loans – have attracted a lot of attention in recent years, from the media and from the regulators. A little...

READ MORE >
US Bank Launches Loan To Compete With Payday Lenders
US Bank Launches Loan To Compete With Payday Lenders
September 11, 2018  |  Alternative Finances

U.S. Bank is entering the small-dollar lending arena. Going forward, U.S. Bank depositors will be able to tap into an online, digital lending product aimed...

READ MORE >
Blockchain SME Finance Firm Debitum Preps For Launch
Blockchain SME Finance Firm Debitum Preps For Launch
August 23, 2018  |  B2B Payments

Debitum Network is readying to be the newest blockchain-powered small business lending platform on the market. The company is set to launch its solution in...

READ MORE >
The Regulatory Future Of Payday Lending
The Regulatory Future Of Payday Lending
August 14, 2018  |  Alternative Finances

Payday and short-term lending is a contentious topic in the United States, particularly when it comes to its regulation. The loans, usually for small-dollar amounts and...

READ MORE >
Otting Loosens Rules On Short-Term Small-Dollar Loans
Otting Loosens Rules On Short-Term Small-Dollar Loans
April 26, 2018  |  Loans

Joseph Otting, Comptroller of the Currency, says that rules on short-term, small-dollar lending should be relaxed so U.S. banks are able to offer loans to...

READ MORE >