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

Razorpay Push To Power SMB Finserv Beyond The Bounds Of Payments

Razorpay Push To Power SMB Finserv Beyond The Bounds Of Payments
Razorpay Push To Power SMB Finserv Beyond The Bounds Of Payments
July 19, 2021  |  Partnerships

Indian mobile wallet firm Razorpay has announced its latest acquisition: TERA Finlabs, an artificial intelligence (AI)-based risk tech SaaS Platform. TERA, a Bengaluru-based startup, provides technology, risk and capital...

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Today In Digital-First Banking: Blend Starts Trading On NYSE; China Looks Into Digital Yuan For X-Border Payments
Today In Digital-First Banking: Blend Starts Trading On NYSE; China Looks Into Digital Yuan For...
July 16, 2021  |  Banking

In today’s top news in digital-first banking, Blend Labs, Inc. launched its initial public offering (IPO), while the People’s Bank of China (PBOC) is examining...

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Blend Stock Trades At Brisk Pace In NYSE Debut With $360M IPO
Blend Stock Trades At Brisk Pace In NYSE Debut With $360M IPO
July 16, 2021  |  IPO

Blend Labs, Inc. launched its initial public offering of 20 million shares of Class A common stock on the New York Stock Exchange, starting at...

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FTC Requires LendingClub To Clearly List Loan Fees
FTC Requires LendingClub To Clearly List Loan Fees
July 15, 2021  |  Legal & Regulation

LendingClub, the online lender, has agreed to pay $18 million in order to settle charges of reportedly deceiving customers, the Federal Trade Commission (FTC) reported Thursday (July...

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Lender Risk Draws Greater Scrutiny As Auto Sales And Borrowing Surge
Lender Risk Draws Greater Scrutiny As Auto Sales And Borrowing Surge
July 15, 2021  |  Loans

Auto sales are on the rise — and with those gains, it stands to reason that lending to help finance those purchases would also be...

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Personal Loan App Provider Ranking Wins Staring Contest By Remaining Motionless
Personal Loan App Provider Ranking Wins Staring Contest By Remaining Motionless
July 14, 2021  |  Mobile

Are we boring you? A thousand pardons, but what can we do when the Provider Ranking of Personal Loan Apps seems more set in its...

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Today In Digital-First Banking: Better To Acquire UK’s Trussle; Grunberg To Head Innovation, Strategic Partnerships For Citi’s TTS
Today In Digital-First Banking: Better To Acquire UK’s Trussle; Grunberg To Head Innovation, Strategic Partnerships...
July 13, 2021  |  Banking

In today’s top news in digital-first banking, Better will be purchasing Trussle, while Carol Grunberg has been named head of Strategic Partnerships and Innovation for...

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Computer Services Inc. Sets Up Loan Platform For Financial Institutions
Computer Services Inc. Sets Up Loan Platform For Financial Institutions
July 13, 2021  |  Loans

Paducah, Kentucky-based Computer Services Inc. (CSI) announced on Tuesday (July 13) the launch of its CSI Loan Marketplace, with the goal of helping financial institutions...

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