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

NY’s Fin Services Regulator Issues Revised Data Collection Proposal

NY’s Fin Services Regulator Issues Revised Data Collection Proposal
NY’s Fin Services Regulator Issues Revised Data Collection Proposal
October 26, 2022  |  Regulation

New York State Superintendent of Financial Services Adrienne A. Harris has issued a revised proposed regulation that would allow the state’s Department of Financial Services...

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Dutch B2B Lending Platform Floryn Secures $64M From NatWest
Dutch B2B Lending Platform Floryn Secures $64M From NatWest
October 24, 2022  |  Investments

Floryn, a Netherlands-based online lending firm for small- to medium-sized businesses (SMBs), announced on Friday (Oct. 21) that it has raised 65 million euros ($64...

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Former Grab Lending Head Joins Digital Lender Julo
Former Grab Lending Head Joins Digital Lender Julo
October 18, 2022  |  Digital Payments

The former head of lending for Grab Holdings, Ankur Mehrotra, is joining Indonesian fintech startup Julo, which focuses on digital lending, a Bloomberg report noted....

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US Regulators Sound Cautious Note on FinTech Innovation
US Regulators Sound Cautious Note on FinTech Innovation
October 17, 2022  |  Regulation

If there was at least some consensus that came out of last week’s D.C. FinTech Week confab, it’s that banks and the regulators that oversee...

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HSBC, Trade Ledger Launch Digital Receivables Finance Tool
HSBC, Trade Ledger Launch Digital Receivables Finance Tool
October 12, 2022  |  B2B Payments

The London-based Lending-as-a-Service FinTech Trade Ledger  Thursday (Oct. 11) announced the launch of HSBC’s new digital finance receivables solution, built with the Trade Ledger platform....

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ACI Worldwide, Constant Team to Promote Consumer Digital Engagement
ACI Worldwide, Constant Team to Promote Consumer Digital Engagement
October 12, 2022  |  Partnerships

Payments software company ACI Worldwide has formed a partnership with Constant, a FinTech that makes self-service loan management software. Get the Full Story Complete the...

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BMO Debuts Lending Program for Native-Owned Businesses
BMO Debuts Lending Program for Native-Owned Businesses
October 11, 2022  |  SMBs

BMO has launched BMO for Native-owned Businesses, expanding the banks’ investments in lending to minority-owned businesses to include Native American entrepreneurs. Get the Full Story...

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Platforms Turn To Swiss Crypto Banks To Bridge Digital, Traditional Assets
Platforms Turn To Swiss Crypto Banks To Bridge Digital, Traditional Assets
October 10, 2022  |  Cryptocurrency

With a collateral pool of digital assets worth about $10.5 billion, MakerDAO, the Decentralized Autonomous Organization (DAO) that administers the DAI cryptocurrency, has become an...

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CFO’s Tap Time-Saving Tech and Tools to Offset Macro Challenges
CFO’s Tap Time-Saving Tech and Tools to Offset Macro Challenges
October 07, 2022  |  B2B Payments

The job of a chief financial officer (CFO) is like putting together a puzzle, as CFOs must manage rising interest rates, inflation and other pieces...

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