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)

Operational Innovations Drive Software Publishing Marketplaces
Operational Innovations Drive Software Publishing Marketplaces
March 13, 2024  |  Innovation

The software publishing industry is in a state of flux right now as it embraces embedded finance to facilitate new growth — and many payment...

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HSBC Adding Bankers to Boost Startup Lending
HSBC Adding Bankers to Boost Startup Lending
March 11, 2024  |  Banking

HSBC is reportedly expanding its U.S. commercial banking operations to bolster its startup lending. Wyatt Crowell, head of U.S. commercial banking at HSBC, said in an...

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PSCU/Co-op Solutions Study Adds New Urgency to Credit Union Innovation
PSCU/Co-op Solutions Study Adds New Urgency to Credit Union Innovation
March 11, 2024  |  Credit Unions

Credit union (CU) members value the classic benefits associated with CUs, such as lower fees and more access to loan products. Still, PYMNTS Intelligence finds...

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Credit Spigots Continue to Tighten for Small Businesses
Credit Spigots Continue to Tighten for Small Businesses
March 08, 2024  |  SMBs

The traditional spigots of credit continue to tighten for small businesses. Blame higher rates, the continued fallout of the Silicon Valley Bank collapse last year, and skittishness...

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NatWest to End BNPL Option Due to Lower-Than-Expected Use
NatWest to End BNPL Option Due to Lower-Than-Expected Use
March 08, 2024  |  BNPL

NatWest will end its buy now, pay later (BNPL) product May 7 due to lower-than-expected use of the offering. This move comes less than two years...

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Dave’s ExtraCash Jumps 29% as Consumers Seek Emergency Funds
Dave’s ExtraCash Jumps 29% as Consumers Seek Emergency Funds
March 05, 2024  |  Earnings

Digital banking/finance platform Dave says its customers are seeking extra cash. More accurately, they’re seeking ExtraCash, the company’s cash advance program, which saw disbursements jump by double...

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UK’s FCA to Investigate Demands for Personal Guarantees on Business Loans
UK’s FCA to Investigate Demands for Personal Guarantees on Business Loans
March 05, 2024  |  Regulation

The United Kingdom’s Financial Conduct Authority will investigate the use of personal guarantees by lenders for small business loans. The investigation was sparked by a “super complaint”...

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Nova Credit Launches Alternative Credit Data Platform for Lenders
Nova Credit Launches Alternative Credit Data Platform for Lenders
March 04, 2024  |  Consumer Finance

Nova Credit has introduced its Nova Credit Platform, which is aimed at transforming how lenders manage and analyze consumer credit data.  This new platform provides a means...

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ChargeAfter Debuts Embedded Lending Hub for Banks
ChargeAfter Debuts Embedded Lending Hub for Banks
March 04, 2024  |  Loans

Point-of-sale financing firm ChargeAfter has debuted an embedded lending platform for banks. The Lending Hub, announced Monday (Mar. 4), is designed to let banks and financial institutions...

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