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

Consumer Demand For Auto Loans, Credit Cards Up 39 Pct In April

Consumer Demand For Auto Loans, Credit Cards Up 39 Pct In April
Consumer Demand For Auto Loans, Credit Cards Up 39 Pct In April
July 08, 2021  |  Loans

Americans seem to be regaining an appetite for auto loans and leases, credit cards and personal loans, The Wall Street Journal (WSJ) reported. Get the...

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Today In Digital-First Banking: CheckAlt, LEVERAGE Collaborate On CU Loan Repayment; Cross River Bank Reportedly Aiming To Raise $200M
Today In Digital-First Banking: CheckAlt, LEVERAGE Collaborate On CU Loan Repayment; Cross River Bank Reportedly...
July 08, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, CheckAlt is collaborating with LEVERAGE Payment Solutions to take on the challenges in supporting indirect loans, while Cross...

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Construction Lenders Endure Rollercoaster Of Market Disruption
Construction Lenders Endure Rollercoaster Of Market Disruption
July 08, 2021  |  B2B Payments

U.S. construction is in the midst of a roller coaster of disruption. Demand is surging as a supply squeeze has led to a spike in...

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Fireworks On The Horizon For Post-PPP Alt-Lending
Fireworks On The Horizon For Post-PPP Alt-Lending
July 05, 2021  |  Loans

The sun is high, the temperature is rising, and with COVID restrictions being lifted around the U.S., Independence Day marks the first opportunity for many...

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Coinbase’s New Stablecoin Account Could Yield 50x More Than Traditional Savings Accounts
Coinbase’s New Stablecoin Account Could Yield 50x More Than Traditional Savings Accounts
June 30, 2021  |  Banking

DeFi, maybe – but in some respects, it looks a lot like traditional finance. Get the Full Story Complete the form to unlock this article...

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Amex Partners With Better, Rocket Mortgage On Home Loans
Amex Partners With Better, Rocket Mortgage On Home Loans
June 30, 2021  |  Loans

Those looking to get home loans will now be able to do so through American Express (Amex) and its new partnership with two FinTechs, Better...

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Data Helps De-Stress The Consumer’s Lending, Borrow, Savings Process
Data Helps De-Stress The Consumer’s Lending, Borrow, Savings Process
June 30, 2021  |  Banking

“Bank is no longer a place you go — it’s a thing you do,” LendingClub Financial Health Officer Anuj Nayar told PYMNTS in an interview....

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‘Rent A Bank’ Fades For Payday Lenders, FIs Step In On Short-Term Loans 
‘Rent A Bank’ Fades For Payday Lenders, FIs Step In On Short-Term Loans 
June 25, 2021  |  Regulation

The regulatory gaze on payday lending is tightening. To that end, as reported by the Associated Press, Congress has voted to overturn Trump-era regulations that...

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NXTsoft, Upstart Partnership Aims To Bring AI To More Lenders
NXTsoft, Upstart Partnership Aims To Bring AI To More Lenders
June 23, 2021  |  Artificial Intelligence

NXTsoft, which provides API connectivity for banks and FinTechs, announced on Wednesday (June 23) that it has formed a partnership with the artificial intelligence (AI)...

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