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

Fed Overhauls Community Reinvestment Act to Adapt to Online Banking
Fed Overhauls Community Reinvestment Act to Adapt to Online Banking
October 24, 2023  |  Bank Regulation

The Federal Reserve has reportedly finalized a revamp of the Community Reinvestment Act (CRA) rules, which were enacted in 1977 to combat discriminatory lending practices in minority...

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Fiserv Unveils APIs for Embedded Finance
Fiserv Unveils APIs for Embedded Finance
October 18, 2023  |  API

Global payments and financial technology company Fiserv announced that it will offer embedded payments and banking solutions to digital platforms and merchants. By leveraging its merchant...

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Uplinq and Ernst & Young Partner to Offer Small Business Credit Lending
Uplinq and Ernst & Young Partner to Offer Small Business Credit Lending
October 18, 2023  |  SMBs

Uplinq Financial Technologies has partnered with Ernst & Young (EY) to introduce credit lending to small and medium-sized businesses (SMBs). Using advanced analytics and Uplinq’s decision-making modules, the...

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Microcredit Puts Loans Within Reach of Emerging-Market Consumers
Microcredit Puts Loans Within Reach of Emerging-Market Consumers
October 18, 2023  |  Consumer Finance

From buy now, pay later (BNPL) to credit card installments, there are diverse credit and lending products available to consumers today. However, for two-thirds of...

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Mastercard Teams With Worldpay and Zip to Scale Open Banking
Mastercard Teams With Worldpay and Zip to Scale Open Banking
October 17, 2023  |  Banking

Mastercard is leveraging its open banking technology through partnerships announced Tuesday (Oct. 17) to provide flexible and secure lending and payments experiences for consumers and...

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Marqeta and Scalapay Team to Expand Europe’s BNPL Use
Marqeta and Scalapay Team to Expand Europe’s BNPL Use
October 17, 2023  |  BNPL

Card issuer Marqeta has teamed with Scalapay to expand buy now, pay later use in Europe. The collaboration, announced Tuesday (Oct. 17), will see Marqeta work with Scalapay — a buy...

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Crypto Lending Makes a Potentially Risky Comeback
Crypto Lending Makes a Potentially Risky Comeback
October 16, 2023  |  Cryptocurrency

Facing declining revenues, cryptocurrency exchanges are boosting their lending offerings. But the move by companies such as Binance and Coinbase could introduce new risks to...

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Big Banks Weigh Better Rates for Depositors
Big Banks Weigh Better Rates for Depositors
October 15, 2023  |  Banking

America’s largest banks say their profits from high interest rates could soon take a hit. As the Financial Times (FT) reported Saturday (Oct. 14), larger lenders...

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US Banks Brace for Surge in Bad Debt Write-Offs
US Banks Brace for Surge in Bad Debt Write-Offs
October 11, 2023  |  Banking

The largest U.S. banks are reportedly bracing themselves for a surge in bad debt write-offs, the highest since the early days of the pandemic. JPMorgan...

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