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

YES BANK Taps Tax Return Data For SMB Loan Underwriting

YES BANK Taps Tax Return Data For SMB Loan Underwriting
YES BANK Taps Tax Return Data For SMB Loan Underwriting
April 16, 2018  |  B2B Payments

India’s YES BANK is tapping into tax data to expand small business (SMB) lending. Get the Full Story Complete the form to unlock this article...

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Kabbage Acquires Lending Data Provider Orchard Platform Markets
Kabbage Acquires Lending Data Provider Orchard Platform Markets
April 13, 2018  |  Partnerships

Small business lending platform Kabbage is making plans to acquire Orchard Platform Markets, a provider of lending data and services. Get the Full Story Complete...

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Temenos To Power Telia’s Digital Banking Portal
Temenos To Power Telia’s Digital Banking Portal
April 12, 2018  |  B2B Payments

Bank software company Temenos has won the competition to work with telecommunications conglomerate Telia and power its digital banking operations, according to Reuters reports on...

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NatWest Links Businesses To MarketInvoice
NatWest Links Businesses To MarketInvoice
April 12, 2018  |  B2B Payments

In the latest move of a traditional lender collaborating with the alternative finance industry, NatWest, a financial institution (FI) based in the U.K., announced a...

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Wells Fargo Reviewing Aftermarket Auto Products To Get Ahead Of Any Issues
Wells Fargo Reviewing Aftermarket Auto Products To Get Ahead Of Any Issues
April 10, 2018  |  News

Wells Fargo is expanding the review of its auto products and the services it finances after customers purchase a vehicle at an auto dealership. Get the...

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Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
April 10, 2018  |  Bank Regulation

The Consumer Finance Protection Bureau is seeking to impose fines – for a record amount – on Wells Fargo tied to the banking giant’s practices...

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Can AI Kill The FICO Score?
Can AI Kill The FICO Score?
April 10, 2018  |  Loans

Just as SAT scores don’t convey everything about a student, FICO scores don’t convey everything about a loan applicant. They can be one valuable piece...

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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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