Tag Archives: Online Lending

Five months after the introduction of fairly strict government regulations, the volume of loans issued by some online lending companies has significantly decreased, along with the number of people they …

Most retail banks are very much behind in digitalization and the rise of FinTech, focusing instead on only allowing the most routine customer transactions online. A recent analysis conducted by …

BLender, an Israeli-based lending platform active in Italy, Israel and Lithuania, is planning to expand its operations to two additional Baltic countries and Southeast Asia this year. BLender funds loans …

In the near future, tens of microfinance institutions and online organizations might be closed due to the new regulation that limits their activities. The regulation aims at restricting online loan …

The International Bank of Azerbaijan (IBA) has adopted a new initiative to support retirees. The ‘Pension+’ program allows IBA pension cardholders to receive a loan of up to AZN 100. …

Some lenders are setting traps for customers in their online services designed to compensate for financial losses suffered following stricter interest rate regulations imposed by the government of Georgia. One …

Economic adviser Maya Mikeladze announced that the recently approved bill, aimed at restricting online loan services, has been signed by the President. The bill was put forward as a way …

Poland’s Idea Bank has launched the world’s first ‘pay-as-you-drive’ car leasing model. The “Happy Miles” model calculates payments for leased cars based on the distance a car travels. A GPS …

Time-consuming, lengthy and rigid procedures for financing began to frustrate borrowers following the 2008-2009 global financial crisis, especially when banks started to become stricter about loan disbursements. This has opened …