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

Digital Marketplaces Tackle 3,000 Years of Agribusiness Inertia

Digital Marketplaces Tackle 3,000 Years of Agribusiness Inertia
Digital Marketplaces Tackle 3,000 Years of Agribusiness Inertia
August 25, 2022  |  B2B Payments

For more than 3,000 years, the agriculture industry has been doing business manually. It started with stone tablets and still clings to last millennium’s paper...

READ MORE >
FuturePay Offers Revolving Credit to Online Merchants
FuturePay Offers Revolving Credit to Online Merchants
August 22, 2022  |  eCommerce

FuturePay, an eCommerce financing company, has made its MyTab revolving credit platform available for online merchants. Get the Full Story Complete the form to unlock...

READ MORE >
FinTech Lenders Scramble for Investors as More Loans Backed With Deposits
FinTech Lenders Scramble for Investors as More Loans Backed With Deposits
August 22, 2022  |  Fintech Investments

FinTech lenders are backing more loans with deposits as investors become tougher to find amid rising interest rates and expectations for higher yields. Get the...

READ MORE >
Abrigo Buys Two BankLabs Solutions to Support Construction Lenders
Abrigo Buys Two BankLabs Solutions to Support Construction Lenders
August 22, 2022  |  Acquisitions

Compliance, credit risk and lending solutions provider Abrigo has purchased BankLabs’ Construct and +Pay loan administration and funding solutions.  Get the Full Story Complete the...

READ MORE >
Small Business Loan Platform Ranqx Launches in North America
Small Business Loan Platform Ranqx Launches in North America
August 17, 2022  |  SMBs

Small- to medium-sized business (SMB) loan origination, decisioning and monitoring platform Ranqx has launched operations in North America, saying it will provide SMBs a frictionless...

READ MORE >
Thanks to Tools and Trust, Banks Can Now Clear Up BNPL’s ‘Perception Problem’
Thanks to Tools and Trust, Banks Can Now Clear Up BNPL’s ‘Perception Problem’
August 17, 2022  |  Buy Now Pay Later

Buy now, pay later (BNPL) has a bit of a perception problem, Adam Hughes, CEO of Amount, told PYMNTS’ Karen Webster. Get the Full Story...

READ MORE >
MoneyLion Keeps Top Spot in Personal Loan App Ranking 
MoneyLion Keeps Top Spot in Personal Loan App Ranking 
August 16, 2022  |  Mobile Applications

Status quo was the theme amid the personal loan provider apps, in PYMNTS’ latest reading … at least for the most part. Get the Full...

READ MORE >
Funding Circle, Farm Bureau Bank Partner to Offer Credit to Underserved SMBs
Funding Circle, Farm Bureau Bank Partner to Offer Credit to Underserved SMBs
August 11, 2022  |  SMBs

Online small and medium-sized business (SMB) lending platform Funding Circle and Farm Bureau Bank have announced a partnership that they say will help underserved owners...

READ MORE >
Rocket Mortgage, Q2 Holdings Partner to Offer FIs Digital Home Loan Process
Rocket Mortgage, Q2 Holdings Partner to Offer FIs Digital Home Loan Process
August 11, 2022  |  Loans

Banks and credit unions (CUs) want to advance their digital strategies and offer new conveniences to customers but may be wary of the cost of...

READ MORE >