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

In China, Some Banks Shy Away From Letting Cards Max Out

In China, Some Banks Shy Away From Letting Cards Max Out
In China, Some Banks Shy Away From Letting Cards Max Out
February 18, 2019  |  Regulation

In China, Reuters reports that banks have resisted “maxing” out their credit card business, eyeing consumer spending and the fact that credit card lending has...

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OnDeck Beats Expectations, Plans To Expand ODX Service
OnDeck Beats Expectations, Plans To Expand ODX Service
February 12, 2019  |  Earnings

OnDeck beat expectations with its Q4 earnings report, with a surge in loan originations and larger than expected revenue gains. Get the Full Story Complete...

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FinTech Credit: Not So Clear And Present Danger?
FinTech Credit: Not So Clear And Present Danger?
February 11, 2019  |  Regulation

A new report finds that it’s tough to regulate what one cannot define — and that’s true in FinTech credit, a nascent industry where the...

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Fed, OCC, FDIC: US Bank Loan Risk On The Decline
Fed, OCC, FDIC: US Bank Loan Risk On The Decline
January 25, 2019  |  Loans

For big bank loans taken out before April of 2018, prospects of repayment are good, federal banking regulators said on Friday (Jan. 25). However, the...

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Dutch Startup Raises $33M For AI In Real Estate
Dutch Startup Raises $33M For AI In Real Estate
January 24, 2019  |  Investments

When Dutch entrepreneur Teun van den Dries started GeoPhy, an artificial intelligence (AI)-driven service that performs real estate valuations, there was nothing like it on the...

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SMB Payments, Lending Startup KiWi Grabs Funding
SMB Payments, Lending Startup KiWi Grabs Funding
January 22, 2019  |  B2B Payments

Investors have backed Switzerland-based FinTech startup KiWi to help the firm expand its small business payments and lending operations in Mexico, reports in BankingTech said Monday...

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Pawn Shops, Payday Lenders Benefit From Gov’t Shutdown
Pawn Shops, Payday Lenders Benefit From Gov’t Shutdown
January 21, 2019  |  Debt

The partial government shutdown, which is now in its fourth week with no sign of ending, is helping out at least two industries: pawn shops...

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Amex Misses In Q4 Amid Lending Write-Offs
Amex Misses In Q4 Amid Lending Write-Offs
January 18, 2019  |  Earnings

American Express posted earnings results on Thursday (Jan. 17) after markets closed that missed the Street, as merchant and services revenues were both below expectations, and write-offs...

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CFPB Asks Congress For Authority To Oversee Military Lending Act Compliance
CFPB Asks Congress For Authority To Oversee Military Lending Act Compliance
January 18, 2019  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has asked the United States Congress for the authority to supervise compliance of the Military Lending Act (MLA), the...

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