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

UK Bank Industry Trade Group Launches Review Of SMB Mistreatment

UK Bank Industry Trade Group Launches Review Of SMB Mistreatment
UK Bank Industry Trade Group Launches Review Of SMB Mistreatment
March 30, 2018  |  B2B Payments

UK Finance, an industry trade association, is launching an independent investigation into the way the market’s banks treat small businesses (SMBs), according to Reuters reports...

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Small Businesses Flocking To Mobile Loans, Kabbage Finds
Small Businesses Flocking To Mobile Loans, Kabbage Finds
March 29, 2018  |  B2B Payments

Analysis of borrowing behavior among small businesses suggests SMB borrowers are increasingly turning to mobile devices to access funding, according to new data from Kabbage....

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Point-Of-Sale Flexibility Inflates Spend
Point-Of-Sale Flexibility Inflates Spend
March 28, 2018  |  Point of Sale

Talk to anyone in the U.S. credit space, and they can tell you about their access to consumer information, such as name, income, education, voting...

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European Banks Funnel UK Business Loans Through MarketInvoice
European Banks Funnel UK Business Loans Through MarketInvoice
March 27, 2018  |  B2B Payments

Two European banks will funnel a combined $191 million in business loans through the U.K. marketplace loan platform MarketInvoice, according to Reuters reports on Monday...

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Credit Reporting Firms To Omit Tax Liens From Consumer Reports
Credit Reporting Firms To Omit Tax Liens From Consumer Reports
March 23, 2018  |  Loans

In a move that could make more than 5 million consumers very happy (and potential lenders very nervous), TransUnion, Equifax and Experian have announced they...

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Amazon Stepping Into SMB Card Space With Chase, Sources Say
Amazon Stepping Into SMB Card Space With Chase, Sources Say
March 14, 2018  |  B2B Payments

Unnamed sources have told reporters that Amazon is looking to expand its small business (SMB) financing operations via the rollout of a commercial card for...

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Grab And Credit Saison Launch Consumer Financing JV
Grab And Credit Saison Launch Consumer Financing JV
March 13, 2018  |  Loans

Grab, the ride-hailing company based in Southeast Asia, announced news on Tuesday (March 13) that it has teamed up with Credit Saison Co., one of...

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Ant Financial Has $95B In Consumer Loans Even With Government Crackdown
Ant Financial Has $95B In Consumer Loans Even With Government Crackdown
March 12, 2018  |  Loans

Ant Financial, the payment affiliate of China’s Alibaba, has seen its consumer lending business reach 600 billion yuan ($95 billion) even as the company faces...

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CFPB Issues Final Rule Connecting Mortgage Servicers To Bankrupt Borrowers
CFPB Issues Final Rule Connecting Mortgage Servicers To Bankrupt Borrowers
March 09, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB) introduced a final rule on Thursday (March 8) that it said will help mortgage servicers communicate with borrowers who...

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