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

Reserve Bank of India Strengthens Digital Lending Rules

Reserve Bank of India Strengthens Digital Lending Rules
Reserve Bank of India Strengthens Digital Lending Rules
August 10, 2022  |  Bank Regulation

India’s central bank has issued new guidelines designed to add oversight to digital lending apps and the lenders who work with them. Get the Full...

READ MORE >
iCreditWorks Adds Short-Term Installments to POS Services
iCreditWorks Adds Short-Term Installments to POS Services
August 09, 2022  |  Loans

Mobile lending startup iCreditWorks is launching an installment product to add to its suite of point-of-sale (POS) financing solutions that enable users to pay off purchases in...

READ MORE >
US Bank Helps Car Dealers Deliver Instant Funding
US Bank Helps Car Dealers Deliver Instant Funding
August 09, 2022  |  Loans

U.S. Bank can now provide loan funds to car dealers immediately after a loan contract is finalized by the bank, according to a Tuesday (Aug....

READ MORE >
Upstart Sees Share Highs Plummet on Missed Q2 Earnings
Upstart Sees Share Highs Plummet on Missed Q2 Earnings
August 09, 2022  |  Earnings

Artificial intelligence (AI) lending marketplace Upstart on Monday (Aug. 8) delivered lower than expected financial results for the second quarter of fiscal year 2022 that brought close...

READ MORE >
Goldman Sachs Group Lends $150M to Clara to Meet LatAm Firms’ Need for Loans
Goldman Sachs Group Lends $150M to Clara to Meet LatAm Firms’ Need for Loans
August 08, 2022  |  Loans

Helping to meet Latin American corporations’ need for loans and assistance with spend management, Goldman Sachs Group has lent $150 million to Clara, a Mexican...

READ MORE >
Trading Partners Prefer Faster Lending Decisions Delivered by In-House Credit Bureaus
Trading Partners Prefer Faster Lending Decisions Delivered by In-House Credit Bureaus
August 08, 2022  |  Buy Now Pay Later

While the buy now, pay later (BNPL) solution has exploded in recent years and continues to transform payments in the business-to-consumer (B2C) space, similar models...

READ MORE >
Voice of the CFO: CFOs Keep Communication Open and Oversight Tight in 2022
Voice of the CFO: CFOs Keep Communication Open and Oversight Tight in 2022
August 04, 2022  |  B2B Payments

For a leveraged finance business that must react to a lot of push and pulls in the market, awareness, preparedness and measurability are key capabilities....

READ MORE >
Auxmoney Grabs $500M+ for Increased Peer-to-Peer Lending
Auxmoney Grabs $500M+ for Increased Peer-to-Peer Lending
August 03, 2022  |  Investments

German digital peer-to-peer lending platform Auxmoney raked in almost $508 million in investor funding that it will use to offer more consumer loans. Get the...

READ MORE >
US Credit Card Issuers Compete for New Business
US Credit Card Issuers Compete for New Business
July 31, 2022  |  Loans

Credit card lenders have been stepping up their marketing efforts to draw in new borrowers, showing confidence in U.S. consumers even as the economy could...

READ MORE >