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

Looming Rate Increases Pose New Challenges — and Opportunities — for Lenders

Looming Rate Increases Pose New Challenges — and Opportunities — for Lenders
Looming Rate Increases Pose New Challenges — and Opportunities — for Lenders
January 28, 2022  |  Loans

With 2021 done, 2022 looms as a landscape of challenge and opportunity for financial services providers. Get the Full Story Complete the form to unlock...

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Singapore’s IN Financial Technologies Debuts BNPL Service for SMBs
Singapore’s IN Financial Technologies Debuts BNPL Service for SMBs
January 25, 2022  |  BNPL

IN Financial Technologies (INFT) is rolling out a buy now, pay later (BNPL) feature, called INFT BNPL, to help customers grow their businesses. Get the...

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Personal Loan App Provider Ranking Sees Stability as Leader Achieves Another Perfect Score
Personal Loan App Provider Ranking Sees Stability as Leader Achieves Another Perfect Score
January 24, 2022  |  Mobile

If stability is a good thing to have among financial service providers, we’ve hit the jackpot in this month’s edition of the PYMNTS Provider Ranking...

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Tink Intros Instant Income Verification Service for Banks
Tink Intros Instant Income Verification Service for Banks
January 24, 2022  |  Banking

Open banking platform Tink is rolling out a new service in the U.K. that enables lenders to verify a person’s income using real-time data from...

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Paytm, Fullerton, Partner on Consumer Lending
Paytm, Fullerton, Partner on Consumer Lending
January 24, 2022  |  BNPL

Credit company Fullerton India and Paytm owner One97 Communications Limited have joined forces to offer lending products to merchants and consumers. Get the Full Story...

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Pinwheel CEO: Payroll Connectivity Gives Lenders View Into Consumer’s Total ‘Income Stack’
Pinwheel CEO: Payroll Connectivity Gives Lenders View Into Consumer’s Total ‘Income Stack’
January 21, 2022  |  API

As we earn our daily bread — the money we’re paid at 9-to-5 jobs or via gig work — there are foundational units that translate...

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CFPB to Probe College Loan Programs
CFPB to Probe College Loan Programs
January 20, 2022  |  CFPB

The Consumer Finance Protection Bureau (CFPB) has announced its intent to look into post-secondary schools like for-profit colleges, which extend private loans to students. Get...

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New Risk Scoring Model Opens Credit Doors for Small Businesses Banks Leave Behind
New Risk Scoring Model Opens Credit Doors for Small Businesses Banks Leave Behind
January 20, 2022  |  Risk Management

Using alternative data to underwrite business loans to small- to medium-sized businesses (SMBs) isn’t new, whether pulling from social media or using other nontraditional means....

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