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

Wells CFO Not Losing Sleep Over Rising Consumer Debt

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  |  Cross-border Payments

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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Capital One Exits The Mortgage Origination Business
Capital One Exits The Mortgage Origination Business
November 09, 2017  |  Loans

Capital One Financial Corp. is getting out of the mortgage origination and home equity business, while continuing to service their existing and pending home loans,...

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Anticipation For Amazon’s SMB Lending Disruption Grows
Anticipation For Amazon’s SMB Lending Disruption Grows
October 26, 2017  |  B2B Payments

It was the (initially) small FinTech startups that delivered a collective shakeup to the small business (SMB) lending industry. Alternative and marketplace lending platforms promised...

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How To Bring ‘Invisibles’ Into The Credit Fold
How To Bring ‘Invisibles’ Into The Credit Fold
October 26, 2017  |  Alternative Credit

How much of the U.S. population is financially vulnerable? That is, how many are walking the razor’s edge of solvency, and how many are on...

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Affirm Is Ready To Reach Beyond Lending
Affirm Is Ready To Reach Beyond Lending
October 20, 2017  |  Alternative Credit

“Trust me to give you sound [financial] advice,” Max Levchin, founder and CEO of Affirm, said at The Wall Street Journal’s WSJ D.Live technology conference...

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