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

Today In Digital-First Banking: Blend Starts Trading On NYSE; China Looks Into Digital Yuan For X-Border Payments

Today In Digital-First Banking: Blend Starts Trading On NYSE; China Looks Into Digital Yuan For X-Border Payments
Today In Digital-First Banking: Blend Starts Trading On NYSE; China Looks Into Digital Yuan For...
July 16, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Blend Labs, Inc. launched its initial public offering (IPO), while the People’s Bank of China (PBOC) is examining...

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Blend Stock Trades At Brisk Pace In NYSE Debut With $360M IPO
Blend Stock Trades At Brisk Pace In NYSE Debut With $360M IPO
July 16, 2021  |  IPO

Blend Labs, Inc. launched its initial public offering of 20 million shares of Class A common stock on the New York Stock Exchange, starting at...

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FTC Requires LendingClub To Clearly List Loan Fees
FTC Requires LendingClub To Clearly List Loan Fees
July 15, 2021  |  Legal

LendingClub, the online lender, has agreed to pay $18 million in order to settle charges of reportedly deceiving customers, the Federal Trade Commission (FTC) reported Thursday (July...

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Lender Risk Draws Greater Scrutiny As Auto Sales And Borrowing Surge
Lender Risk Draws Greater Scrutiny As Auto Sales And Borrowing Surge
July 15, 2021  |  Loans

Auto sales are on the rise — and with those gains, it stands to reason that lending to help finance those purchases would also be...

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Personal Loan App Provider Ranking Wins Staring Contest By Remaining Motionless
Personal Loan App Provider Ranking Wins Staring Contest By Remaining Motionless
July 14, 2021  |  Mobile Applications

Are we boring you? A thousand pardons, but what can we do when the Provider Ranking of Personal Loan Apps seems more set in its...

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Today In Digital-First Banking: Better To Acquire UK’s Trussle; Grunberg To Head Innovation, Strategic Partnerships For Citi’s TTS
Today In Digital-First Banking: Better To Acquire UK’s Trussle; Grunberg To Head Innovation, Strategic Partnerships...
July 13, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Better will be purchasing Trussle, while Carol Grunberg has been named head of Strategic Partnerships and Innovation for...

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Computer Services Inc. Sets Up Loan Platform For Financial Institutions
Computer Services Inc. Sets Up Loan Platform For Financial Institutions
July 13, 2021  |  Loans

Paducah, Kentucky-based Computer Services Inc. (CSI) announced on Tuesday (July 13) the launch of its CSI Loan Marketplace, with the goal of helping financial institutions...

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Digital Mortgage Platform Better To Buy UK FinTech Trussle
Digital Mortgage Platform Better To Buy UK FinTech Trussle
July 12, 2021  |  Loans

Better, the digital mortgage lender, will be purchasing Trussle, the U.K.-based digital mortgage and insurance broker, CNBC wrote Monday (July 12). Get the Full Story...

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China’s Central Bank Wants To Help SMBs Borrow
China’s Central Bank Wants To Help SMBs Borrow
July 09, 2021  |  Banking

The People’s Bank of China said Friday (July 9) it was taking measures that would help commercial banks lend more money. Get the Full Story...

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