Wednesday, August 5, 2020
India-based startup Paysense is set to explore lending opportunities with the acquisition of a new non-banking finance company. In a report from Economic Times, the venture-backed, financial services startup is said to be currently seeking the approval of Reserve Bank...
The UK witnessed a significant increase in the number of first-time home buyers, according to the Mortgage Finance Gazette. This reflects a great development after 2006’s low numbers. Last 2018, there were 370,000 first-timers indicating a 1.9% growth. In...
Most of the apps of top U.S. banks have security issues that put user data at risk, according to a report by Zimperium, a security firm. The researchers downloaded the iOS and Android apps of banks and scanned for issues...
Climate change spurs a foreclosure crisis, which poses a threat to the mortgage industry, according to a mortgage expert. Extreme weather and other natural calamities are now occurring frequently. Ed Delgado, CEO of the Five Star, a national mortgage...
The Micro, Small & Medium Enterprise (MSME) sector in India now turns to Peer-to-Peer lending to get access to credit they need to keep the business running. According to Entrepreneur India, banks, for the most part, require too many documentation...
The number of people getting mortgages in Singapore is drastically falling. According to Bloomberg, house loans in the country reduced from a 4.2% growth in 2017 to a mere 1.9% in 2018. This is a huge contrast from 1998’s...
The European Central Bank is preparing for the possible economic fallout amid the novel coronavirus (NCOV-19) outbreak, offering liquidity to businesses. Many central banks around the globe are put under pressure to support the growth of businesses in the...
Investors in British multinational investment bank Barclays are challenging the institution to cease lending to companies linked to fossil fuel, said the Independent. These pension funds, which hold ₤130 billion worth of stakes in the bank, filed the landmark...
Customers needing a personal loan can apply for the Wells Fargo Fixed Rate, Fixed Term Personal Loan. Under this personal loan, users can borrow up to $100,000 with no collateral required. Wells Fargo offers personal loans designed for debt consolidation,...
Days after the House passes the extension of the pandemic small business loan deadline, President Donald Trump signed the extension of the Paycheck Protection Program (PPP) into law, reports CNN. Following the extension grant, the new deadline for application...

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