online lending

Simply put, an online loan is money that's borrowed from a lender who operates online. While the specific process for an online loan can vary from lender to lender, there are many ways in which it's the same across the board.

Source: opploans.com

Number Of Chinese P2P Lenders To Drop Dramatically
Number Of Chinese P2P Lenders To Drop Dramatically
October 16, 2018  |  Loans

The number of peer-to-peer lenders in China is projected to decline greatly to around 50 from more than 1,500 during the course of the next...

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Barclays Rivals Goldman’s Marcus With Digital Bank
Barclays Rivals Goldman’s Marcus With Digital Bank
October 15, 2018  |  Banking

Barclays is ready to offer U.S. consumers a low-cost, digital-only bank that will directly compete with Goldman Sachs‘s Marcus brand. Barry Rodrigues, CEO of cards and...

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Goldman Tightens Marcus Lending Reins
Goldman Tightens Marcus Lending Reins
October 08, 2018  |  Loans

Goldman Sachs might be reining in its online lending platform due to concerns about the stage of the credit cycle and changes in market data....

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LendingClub Settles With SEC, DOJ
LendingClub Settles With SEC, DOJ
October 01, 2018  |  Cybersecurity

On Friday (Sept. 30), LendingClub officially closed the door on a two-year chapter in its corporate history that its current board and founding team would...

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Bread Snags $60M For Omnichannel Retail Payments
Bread Snags $60M For Omnichannel Retail Payments
September 19, 2018  |  Investments

FinTech startup Bread announced that it has completed a $60 million round of equity financing. Founded in 2014, Bread offers white-label solutions for retailers who wish...

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China Zeroes In On Online Loan Risk
China Zeroes In On Online Loan Risk
August 28, 2018  |  Cross-border Payments

China is expediting the development of regulation aimed at preventing online lending risks and promoting market stability. According to Reuters, the decision was made after...

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Protests Mark China’s Ruptured P2P Lending Landscape
Protests Mark China’s Ruptured P2P Lending Landscape
August 14, 2018  |  Cross-border Payments

China’s peer-to-peer (P2P) lending crisis has caused widespread anger from citizens who are demanding that the government bail out hundreds of collapsed P2P companies. Last...

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Why Household Finances Under The Hood Don’t Look So Good
Why Household Finances Under The Hood Don’t Look So Good
July 23, 2018  |  Payments Innovation

Paul McCartney and The Beatles may have told us that money can’t buy us love, but new research claims that it can certainly buy us...

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Santander Adopts nCino Platform For Faster SMB Lending
Santander Adopts nCino Platform For Faster SMB Lending
July 19, 2018  |  B2B Payments

Santander Bank is adopting nCino technology to accelerate its business lending operations, the FI announced on Wednesday (July 18). Santander’s business banking unit has integrated...

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