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)

Beforepay Debuts AI-Powered B2B Lending Tool
Beforepay Debuts AI-Powered B2B Lending Tool
March 04, 2024  |  B2B Payments

Australian FinTech Beforepay has launched a commercial version of its risk management and lending platform. Dubbed Carrington Labs, the new offering gives enterprise clients access to the...

READ MORE >
SBA Launches Enhanced Lender Match Tool for Small Businesses
SBA Launches Enhanced Lender Match Tool for Small Businesses
March 04, 2024  |  Loans

The U.S. Small Business Administration (SBA) has launched an enhanced version of its Lender Match tool that connects small business owners with SBA-approved lenders. The...

READ MORE >
Epic River Intros Credit Union Lending Platform for Healthcare Providers
Epic River Intros Credit Union Lending Platform for Healthcare Providers
March 04, 2024  |  Healthcare

Epic River has unveiled a specialized digital lending platform designed to bridge the gap between financial institutions and healthcare services. This solution aims to transform...

READ MORE >
Point-of-Care Payment Options Expand Access to Dental Care for Patients
Point-of-Care Payment Options Expand Access to Dental Care for Patients
March 04, 2024  |  Healthcare Financing

Dental services represent a $155 billion market that is projected to grow to $254 billion by 2032. Against that backdrop, it’s critical, especially in an...

READ MORE >
Auto Loans Go Green to Boost Electric Vehicle Adoption
Auto Loans Go Green to Boost Electric Vehicle Adoption
March 01, 2024  |  Loans

Following a record-breaking 2022, marked by the sale of over 10 million electric cars worldwide, the electric vehicle market has hit a speed bump in the United States,...

READ MORE >
Carvana Revises Lending Rules Amid Industry-Wide Rise in Delinquencies
Carvana Revises Lending Rules Amid Industry-Wide Rise in Delinquencies
March 01, 2024  |  Loans

Online car retailer Carvana is tightening its lending standards in response to higher delinquency rates. The company is requiring higher down payments from customers and...

READ MORE >
LendAPI and PortX Team to Streamline Digital Lending
LendAPI and PortX Team to Streamline Digital Lending
February 29, 2024  |  Partnerships

Digital lending company LendAPI has teamed with Integration-Platform-as-a-Service (IPaaS) provider PortX. “Our advanced platform, when combined with PortX’s integration prowess, will enable financial institutions to not only simplify their...

READ MORE >
Capital One/Discover Combo Could Create Financial Ecosystem for Paycheck-to-Paycheck Consumers
Capital One/Discover Combo Could Create Financial Ecosystem for Paycheck-to-Paycheck Consumers
February 20, 2024  |  Acquisitions

In any industry, a $35 billion deal is, of course … a big deal. But in financial services, the news that Capital One has set...

READ MORE >
US Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans
US Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans
February 15, 2024  |  Banking

U.S. Bank said Thursday (Feb. 15) that more than 2,000 of its clients have been approved for personal loans over the past few months thanks...

READ MORE >