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

CFPB Cracks Down On Deceptive Lender Who Targeted 9/11 First Responders
CFPB Cracks Down On Deceptive Lender Who Targeted 9/11 First Responders
September 20, 2017  |  Security & Fraud

The Consumer Financial Protection Bureau announced Tuesday (Sept. 19) that it took action against Top Notch Funding and two individuals associated with the company. Get...

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Key Innovations Boosting Corporate Banking Revenues
Key Innovations Boosting Corporate Banking Revenues
September 19, 2017  |  B2B Payments

While non-bank financial institutions (FIs) and FinTechs may be keeping traditional banks on their toes, banks still have the largest piece of the corporate banking...

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The Explanations Edition: Equifax, Apple and Square
The Explanations Edition: Equifax, Apple and Square
September 11, 2017  |  Data Dive

All eyes were on the sky last week, as most of the Southeastern United States braced for Hurricane Irma. And, as post-Harvey rebuilding assessments are ongoing...

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Wells Fargo’s Whistleblower Lawsuit Resurrected
Wells Fargo’s Whistleblower Lawsuit Resurrected
September 08, 2017  |  Legal

Wells Fargo saw a federal appeals court Thursday (Sept. 7) order a federal district judge to take another look at a whistleblower lawsuit lodged against...

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Higher Costs Loom For SMBs Post-Brexit
Higher Costs Loom For SMBs Post-Brexit
September 05, 2017  |  International

In Europe, Brexit may be setting up to have an outsized effect on small and mid-sized firms, hitting them in the form of higher costs...

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JPMorgan Chase And OnDeck Shake Hands On Another 4 Years
JPMorgan Chase And OnDeck Shake Hands On Another 4 Years
August 08, 2017  |  SMBs

Small business owners shouldn’t have to waste their time chasing loans. They have enough to think about without spending hours applying for credit, let alone...

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Kabbage Receives $250M Strategic Growth Investment From SoftBank
Kabbage Receives $250M Strategic Growth Investment From SoftBank
August 04, 2017  |  Investments

Kabbage Inc., a financial services, technology and data platform serving small businesses globally, has announced the agreement on a $250-million equity investment from a subsidiary...

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Chinese Alt-Lender Dianrong Lands $220 Million
Chinese Alt-Lender Dianrong Lands $220 Million
August 03, 2017  |  B2B Payments

Singapore sovereign fund GIC recently led a $220 million funding round for Chinese alternative lending platform Dianrong as the company looks to focus on research...

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Startup Bread Raises Funds To Offer Consumers Financing On Big Purchases
Startup Bread Raises Funds To Offer Consumers Financing On Big Purchases
August 03, 2017  |  Fintech Investments

FinTech startup Bread, which offers consumer financing on large online purchases, has raised $126 million in a Series B venture capital (VC) funding round. Get...

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