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

China Urges Local Governments To Halt New Internet Microlender Approvals

China Urges Local Governments To Halt New Internet Microlender Approvals
China Urges Local Governments To Halt New Internet Microlender Approvals
November 22, 2017  |  Regulation

China is regulating micro loans on the internet, with a high-level Chinese government agency issuing a notice urging provincial governments to halt approval of new...

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Interim OCC Chief Wants More Individual Discretion For Bank Examiners
Interim OCC Chief Wants More Individual Discretion For Bank Examiners
November 21, 2017  |  Bank Regulation

While a top U.S. bank regulator has been working to ensure that examiners go easier on the institutions they inspect, he pointed out that those...

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Unpaid Student Loans Cost Workers Jobs, Drivers’ Licenses
Unpaid Student Loans Cost Workers Jobs, Drivers’ Licenses
November 20, 2017  |  Loans

Student loans have an unexpected consequence if they go unpaid: Borrowers who default on their payments can lose their state-issued professional licenses. Get the Full...

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Fed’s Brainard Says Banks Play Key Role In Holding FinTechs Accountable
Fed’s Brainard Says Banks Play Key Role In Holding FinTechs Accountable
November 17, 2017  |  Regulation

Lael Brainard, a member of the Federal Reserve’s Board of Governors, thinks that traditional lenders need to demand that online financial companies protect consumer privacy...

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Amid Push To Open China’s Financial Markets, Some Banks May Hesitate
Amid Push To Open China’s Financial Markets, Some Banks May Hesitate
November 16, 2017  |  Bank Regulation

Will China’s invitation get the party started? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Wells CFO Not Losing Sleep Over Rising Consumer Debt
Wells CFO Not Losing Sleep Over Rising Consumer Debt
November 16, 2017  |  Debt

Wells Fargo Chief Financial Officer John Shrewsberry said at an industry conference on Wednesday (Nov. 15) that he isn’t concerned consumers are having a tough...

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Only 12 Percent Of SMBs Have Used Alternative Finance, Survey Finds
Only 12 Percent Of SMBs Have Used Alternative Finance, Survey Finds
November 15, 2017  |  B2B Payments

A new survey from alternative lender Reliant Funding found only 12 percent of surveyed small businesses (SMBs) have actually used alternative finance. Get the Full...

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Today In Data: Healthcare Debt, Unbanked Economy Boosters And Late B2B Payments
Today In Data: Healthcare Debt, Unbanked Economy Boosters And Late B2B Payments
November 14, 2017  |  Today In Data

B2B payments are powerful, but so are mounting debts. Innovative technology is making it increasingly easy for companies and individuals to exchange money for goods...

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Inside GrabPay’s Digital Payments Playbook
Inside GrabPay’s Digital Payments Playbook
November 13, 2017  |  International

Muhammed needs six new computers for his internet café in Jakarta. It’s a small café, and six machines are enough, but the ones he has...

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