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

Temenos Unveils Revamped B2B Lending Platform For Banks
Temenos Unveils Revamped B2B Lending Platform For Banks
January 28, 2021  |  B2B Payments

Banking technology company Temenos revealed a “next-generation” business lending system, which was created to assist financial institutions (FIs) in digitally transforming their corporate banking business,...

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ECB Concerned That Euro Banks Are Unprepared For Spate Of Bad Loans
ECB Concerned That Euro Banks Are Unprepared For Spate Of Bad Loans
January 28, 2021  |  Loans

The European Central Bank (ECB) is concerned that regional banks are not setting aside as much money as other countries to cover loan losses stemming...

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Banks Brace For New Competitive Forces In Commercial Lending
Banks Brace For New Competitive Forces In Commercial Lending
January 28, 2021  |  B2B Payments

Though traditional financial institutions have faced a surge in market pressure to digitize as new FinTech competitors emerge, there are still plenty of areas in...

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Stilt Raises $100 Million To Fuel Immigrant Loans
Stilt Raises $100 Million To Fuel Immigrant Loans
January 27, 2021  |  Investments

Stilt, which works in financial services for immigrants, has raised a $100 million warehouse facility from Silicon Valley Bank, according to a press release. Get...

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Mortgage Lender LoanDepot Seeking Over $300 Million In IPO
Mortgage Lender LoanDepot Seeking Over $300 Million In IPO
January 27, 2021  |  IPO

LoanDepot will be seeking as much as $315 million in its initial public offering (IPO), according to a Securities and Exchange Commission (SEC) filing. Get...

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Jack Henry To Offer Tech Platform For Consumer Loans
Jack Henry To Offer Tech Platform For Consumer Loans
January 27, 2021  |  Consumer Finance

Jack Henry & Associates, which offers a technology platform for financial institutions (FIs), is branching out with a new line of business, dubbed Jack Henry...

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PPP Round Two: SBA Approves $35 Billion In New Loans
PPP Round Two: SBA Approves $35 Billion In New Loans
January 26, 2021  |  Loans

The U.S. Small Business Administration (SBA) has approved 400,000 more pandemic relief loans worth $35 billion, saying it is trying to repair operational problems in...

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Instant Payments Emerge As Key Factor For Winning Customer Loyalty
Instant Payments Emerge As Key Factor For Winning Customer Loyalty
January 26, 2021  |  Disbursements

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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PPP Round Two: Familiarity Breeds Success For Banks And SMBs
PPP Round Two: Familiarity Breeds Success For Banks And SMBs
January 25, 2021  |  SMBs

After a long wait and months of debate, the Paycheck Protection Program (PPP) is setting forth on its second round. Get the Full Story Complete...

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