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

BNPL at the Heart of the Great Consumer Credit Reset, Says Splitit CEO

BNPL at the Heart of the Great Consumer Credit Reset, Says Splitit CEO
BNPL at the Heart of the Great Consumer Credit Reset, Says Splitit CEO
July 28, 2022  |  Buy Now Pay Later

There’s been a lot of “great” micro eras packed into less than three years — the great pandemic, the great digital shift, the great reopening...

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LendingClub Says Consumer Stress Driving Increase in Credit Card Balances and Demand for Loans
LendingClub Says Consumer Stress Driving Increase in Credit Card Balances and Demand for Loans
July 27, 2022  |  Earnings

LendingClub’s transition to a digital banking model proceeds apace, but its core consumer loan business continues to gain traction in an inflationary environment, where maintaining...

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TBI Bank Launches In-Store BNPL Solution in Greece
TBI Bank Launches In-Store BNPL Solution in Greece
July 25, 2022  |  Buy Now Pay Later

Digital lending solution and online payments solution TBI Bank announced Monday (July 25) that it has launched a buy now, pay later (BNPL) service that...

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The Italian Firms Riding the Digital Lending, PropTech Innovation Wave
The Italian Firms Riding the Digital Lending, PropTech Innovation Wave
July 22, 2022  |  Real Estate

With a generally healthy FinTech ecosystem, Italy is especially prominent in the areas of digital lending and PropTech. Where the two converge, a thriving community...

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Loan Loss Reserves Creep Up at Cautious Wells and Citi
Loan Loss Reserves Creep Up at Cautious Wells and Citi
July 15, 2022  |  Digital-First Banking

The banks see strength — in consumer spending, debit, credit and in a recession that may prove short-lived. Get the Full Story Complete the form...

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EU Lawmakers Agree on Rules to Limit Credit Card Debt, Overdrafts
EU Lawmakers Agree on Rules to Limit Credit Card Debt, Overdrafts
July 14, 2022  |  Regulation

The European Parliament‘s (EP) Internal Market and Consumer Protection Committee almost unanimously approved on Tuesday (July 12) the new EU rules that, according to lawmakers,...

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TurnKey Lender Raises $10M, Names Board Chair
TurnKey Lender Raises $10M, Names Board Chair
July 14, 2022  |  B2B Payments

B2B Software-as-a-Service (SaaS) company TurnKey Lender announced Thursday (July 14) it had raised $10 million in new funding and appointed a new board chairman. Get...

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JPMorgan Ups Loan Loss Reserves Amid Uncertain Consumer Outlook
JPMorgan Ups Loan Loss Reserves Amid Uncertain Consumer Outlook
July 14, 2022  |  Earnings

JPMorgan Chase set aside $428 million in additional funds to cover bad loans and also temporarily shelved share buybacks as the country’s biggest bank posted...

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Masa Finance Founder Believes Crypto Credit Scores Are DeFi’s Great Equalizer
Masa Finance Founder Believes Crypto Credit Scores Are DeFi’s Great Equalizer
July 11, 2022  |  Cryptocurrency

If you took the collateral out of decentralized lending, you’d have something not only potentially useful, but scalable into the real economy. Get the Full...

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