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

Metro Bank Moves Away From Mortgages After Reporting Error

Metro Bank Moves Away From Mortgages After Reporting Error
Metro Bank Moves Away From Mortgages After Reporting Error
February 26, 2020  |  Banking

After a reporting error that caused the exit of its chief executive and chairman in 2019, Metro Bank has announced that it is scaling back...

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BharatPe Lands $75M To Boost Indian SMB Loans
BharatPe Lands $75M To Boost Indian SMB Loans
February 24, 2020  |  B2B Payments

Indian startup BharatPe has raised $75 million in a Series C funding round to help small businesses in India accept digital payments and provide them...

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LendingClub and Morgan Stanley, A Tale of Two Bank Deals
LendingClub and Morgan Stanley, A Tale of Two Bank Deals
February 24, 2020  |  Partnerships

Two deals this past week shone a spotlight on the lure of financial services — done digitally — and the “build vs. buy” debate, settled...

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PayPal Eyes ‘Major Opportunity’ Of Aussie SMB Lending
PayPal Eyes ‘Major Opportunity’ Of Aussie SMB Lending
February 24, 2020  |  B2B Payments

Payment company PayPal is looking at small business credit as a new field of opportunity. Get the Full Story Complete the form to unlock this...

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China’s Lenders Cut Prime Rate To Boost Sick Economy
China’s Lenders Cut Prime Rate To Boost Sick Economy
February 20, 2020  |  Cross-border Payments

Chinese lenders have cut their prime lending rate to try and prop up their country’s economy, which has been ravaged by the coronavirus, according to the Financial...

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China Uses Monetary Policy To Cure China’s Economic, Viral Ills
China Uses Monetary Policy To Cure China’s Economic, Viral Ills
February 18, 2020  |  Cross-border Payments

Can monetary policy cure the ills of an economic slowdown caused by the Coronavirus? Get the Full Story Complete the form to unlock this article...

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CIT Group Unveils New Version Of B2B POS Lending Platform
CIT Group Unveils New Version Of B2B POS Lending Platform
February 14, 2020  |  B2B Payments

CIT Group Inc. has debuted a new version of its B2B point-of-sale (POS) lending platform to help enable real-time lending for business purchases, the company...

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ChargeAfter, Visa Partner To Expand POS Financing Options
ChargeAfter, Visa Partner To Expand POS Financing Options
February 12, 2020  |  Partnerships

Visa has made a strategic investment in the point-of-sale (POS) financing technology platform ChargeAfter to support its partnership to bring more financing options to checkout,...

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