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

Equifax Buys DataX To Close Credit Reporting Gap
Equifax Buys DataX To Close Credit Reporting Gap
July 17, 2018  |  Partnerships / Acquisitions

Equifax announced that it has acquired DataX, a leading specialty finance credit reporting agency and alternative data provider to lenders nationwide. Get the Full Story...

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Reg Tracker: National Tech Privacy, Facial Recognition Rules Loom (Perhaps)
Reg Tracker: National Tech Privacy, Facial Recognition Rules Loom (Perhaps)
July 16, 2018  |  Safety and Security

New rules may loom for technology providers pertaining to privacy — on a national level. As reported last week by the Information Technology Industry Council (ITI), the...

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CODE Investing Talks AltFin And Bank-FinTech Collaboration
CODE Investing Talks AltFin And Bank-FinTech Collaboration
July 11, 2018  |  Alternative Finances

The story of alternative finance is now well-known across the small business (SMB) lending community: Heightened risk management and capital requirements imposed on traditional lenders...

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Why AI Is The Future Of Community Banking
Why AI Is The Future Of Community Banking
July 11, 2018  |  Artificial Intelligence

On a surface level, community banking and artificial intelligence (AI) can seem like something of a mismatch in concept. Community banking is all about relationship-lending...

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China Tells Lenders To Slash Rates For SMBs
China Tells Lenders To Slash Rates For SMBs
July 10, 2018  |  B2B Payments

Chinese regulators are hoping to give a boost to small business (SMBs) lending by telling banks to cut interest rates for SMB borrowers, according to...

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US Business Loans Saw Second Quarter Uptick
US Business Loans Saw Second Quarter Uptick
July 09, 2018  |  Loans

In a sign of strength for the economy in the U.S. and welcome news for banks, business loans saw an uptick in the second quarter....

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For Some Banks, FinTech Spawns Staffing Spree, Others Cut Jobs
For Some Banks, FinTech Spawns Staffing Spree, Others Cut Jobs
July 06, 2018  |  B2B Payments

In banking, there’s a hiring boom afoot, and it’s not at the teller’s window or to staff analysts’ cubicles. Get the Full Story Complete the...

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Wage And Job Growth Are Slow For Small Businesses
Wage And Job Growth Are Slow For Small Businesses
July 05, 2018  |  Economy

Sluggish wage and job growth hit U.S. small businesses (SMBs) in June, leading to a decline in an index measuring economic health in those areas....

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Strong Cash Flow Has SMBs Pulling Back Financing Demand
Strong Cash Flow Has SMBs Pulling Back Financing Demand
July 03, 2018  |  B2B Payments

Strong cash flow among U.S. small businesses means less demand for financing, and trend is reflected in the latest figures from Pepperdine University‘s Graziadio Business...

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