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

As BNPL Takes Off, Fraudsters Step Up ‘Collusion Fraud’

As BNPL Takes Off, Fraudsters Step Up ‘Collusion Fraud’
As BNPL Takes Off, Fraudsters Step Up ‘Collusion Fraud’
March 10, 2022  |  BNPL

Any new payments vector, where hockey stick growth is apparent — up and to the right, of course — grabs the attention of fraudsters. Get...

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AI Lender Upstart Unveils Auto Retail Platform
AI Lender Upstart Unveils Auto Retail Platform
March 09, 2022  |  Artificial Intelligence

Artificial intelligence (AI) lender Upstart has launched a mobile-first auto retail platform, the company announced in a news release Wednesday (March 9). Get the Full...

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Grain-Backed Crypto Tokens Open New Possibilities for Farm Loans, Purchases
Grain-Backed Crypto Tokens Open New Possibilities for Farm Loans, Purchases
March 08, 2022  |  Cryptocurrency

An Argentinian company that is creating a cryptocurrency to tokenize grain by the ton has inked an important deal that will see its soy-, corn-...

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Automated Document Analysis Works Best When Paired With Human Oversight
Automated Document Analysis Works Best When Paired With Human Oversight
March 01, 2022  |  Connected Economy

With digitization and automation as the order of the day for two years and counting, it’s unusual to hear about how important human decision makers...

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CFPB Warns Student Loan Servicers About Public Service Forgiveness
CFPB Warns Student Loan Servicers About Public Service Forgiveness
February 18, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has issued a bulletin warning student loan servicers that they could face sanctions if they mislead borrowers about loan...

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AI Lending Platform Upstart Beats Earnings Estimates, Sees Shares Surge
AI Lending Platform Upstart Beats Earnings Estimates, Sees Shares Surge
February 16, 2022  |  Earnings

Artificial intelligence (AI) lending platform Upstart Holdings posted fourth-quarter and full year 2021 results for the period ended Dec. 31, 2021, that beat analysts’ consensus...

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Paytm Lending Unit Paying Off with Record Gains
Paytm Lending Unit Paying Off with Record Gains
February 14, 2022  |  Earnings

Digital payments service Paytm has been taking a hit lately, with negative buzz about sliding share prices and widening losses as it closed out 2021....

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UK Regulators Warn Banks to Safeguard Again Lending Discrimination if Using AI, ML
UK Regulators Warn Banks to Safeguard Again Lending Discrimination if Using AI, ML
February 13, 2022  |  Legal & Regulation

Banks using artificial intelligence (AI) to approve loan applications have been warned by U.K. financial regulators that they can only deploy that technology if they...

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