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

Zopa P2P Lender To Land 12th-Hour Investment To Become Bank

Zopa P2P Lender To Land 12th-Hour Investment To Become Bank
Zopa P2P Lender To Land 12th-Hour Investment To Become Bank
December 01, 2019  |  Investments

Peer-to-peer (P2P) lender Zopa will secure a £130 million ($1.67 million USD) investment that it needs to become a challenger bank. The news comes days...

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Funding Circle Broadens Loan Choice For SMBs
Funding Circle Broadens Loan Choice For SMBs
November 27, 2019  |  B2B Payments

Online small business lending platform Funding Circle is launching a new feature for U.S. small businesses to be able to choose from three approved loan...

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What Grubhub, Uber Can Teach CUs About Loyalty and Rewards
What Grubhub, Uber Can Teach CUs About Loyalty and Rewards
November 25, 2019  |  Credit Unions

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Reading Tea Leaves – And Ripple Effects – Of Corporate Default Risk  
Reading Tea Leaves – And Ripple Effects – Of Corporate Default Risk  
November 22, 2019  |  Debt

There’s the old saying: When you owe $500,000, the lender owns you. When you owe $50 million, well, you own the lender. Get the Full...

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How Faster Underwriting, Credit Analysis Unlock Faster Loan Payments
How Faster Underwriting, Credit Analysis Unlock Faster Loan Payments
November 18, 2019  |  Faster Payments

Consumers with poor credit and a lack of savings have few good borrowing alternatives when unexpected expenses arise. In the new Faster Payments Tracker, DecisionLogic...

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House Committee Approves Ban On Controversial SMB Loan Tactic
House Committee Approves Ban On Controversial SMB Loan Tactic
November 15, 2019  |  B2B Payments

The U.S. House Financial Services Committee has voted in favor of banning a controversial practice in small business lending, The Washington Post reported Friday (Nov...

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Can Real-Time Data Render Credit Scores Obsolete?
Can Real-Time Data Render Credit Scores Obsolete?
November 15, 2019  |  Faster Payments

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Goldman Investigated For Gender Discrimination On Apple Card
Goldman Investigated For Gender Discrimination On Apple Card
November 10, 2019  |  Apple

Goldman Sachs is being investigated for gender discrimination related to the algorithms it uses when deciding on credit limits for the new Apple Card. Get...

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Deep Dive: How Demand For Instant Payments Is Affecting Lending
Deep Dive: How Demand For Instant Payments Is Affecting Lending
November 05, 2019  |  Disbursements

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