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

HSBC Taps Biz2X Platform To Accelerate SMB Credit Approvals
HSBC Taps Biz2X Platform To Accelerate SMB Credit Approvals
November 12, 2020  |  B2B Payments

To simplify banking for small- to medium-sized businesses (SMBs) in the United States, HSBC is rolling out a new service with Biz2Credit. The financial institution...

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Zest AI CEO: Artificial Intelligence Is Reshaping Lending and Credit
Zest AI CEO: Artificial Intelligence Is Reshaping Lending and Credit
November 10, 2020  |  Loans

The use of artificial intelligence (AI) and machine learning (ML) isn’t some futuristic idea. It’s here now and being used to make good banks better...

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Bounce-Back Loans Shaky After Funding Loss By UK FinTech Lender Tide 
Bounce-Back Loans Shaky After Funding Loss By UK FinTech Lender Tide 
November 09, 2020  |  B2B Payments

Numerous British firms are at risk of losing access to bounce-back loans (BBL) after the U.K. FinTech Tide withdrew from the program citing inadequate funding,...

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Blockchain Lending Firm Figure Seeks National Bank Charter
Blockchain Lending Firm Figure Seeks National Bank Charter
November 06, 2020  |  Banking

Financial services firm Figure Technologies, Inc. has sought a national bank charter from the Office of the Controller of the Currency (OCC), which will let...

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UK Banks Nix $1.3B In Fraudulent ‘Bounce-Back’ Loans
UK Banks Nix $1.3B In Fraudulent ‘Bounce-Back’ Loans
November 05, 2020  |  Security & Fraud

The United Kingdom’s version of the Paycheck Protection Program is also getting hit up by fraudsters, though British bankers appear to be a step ahead...

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Election-Driven Payday Loan Caps Spotlight On-Demand Wage Technology
Election-Driven Payday Loan Caps Spotlight On-Demand Wage Technology
November 05, 2020  |  Loans

Amid the pandemic, a ceiling on payday loans extends … state by state. Get the Full Story Complete the form to unlock this article and...

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Today In Digital-First Banking: Ternio’s BlockCard Collaborates With Paxful For Debit Card; Fed Changes Main Street Lending Terms
Today In Digital-First Banking: Ternio’s BlockCard Collaborates With Paxful For Debit Card; Fed Changes Main...
November 02, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, BlockCard is teaming with peer-to-peer (P2P) bitcoin marketplace Paxful for a new crypto debit card, while the Federal...

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Personal Loan Apps Show Resilience In Latest Provider Ranking
Personal Loan Apps Show Resilience In Latest Provider Ranking
October 30, 2020  |  Mobile Applications

Maybe it’s a byproduct of that which shall not be named — by which we mean the pandemic — but PYMNTS’ Provider Rankings have been...

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Non-Bank Businesses Find The Value Prop In Financial Services
Non-Bank Businesses Find The Value Prop In Financial Services
October 28, 2020  |  B2B Payments

It’s an increasingly popular concept: In order for businesses to offer the best customer experience, they should think like a FinTech. Get the Full Story...

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