The Securities and Exchange Commission (SEC) has declared the revocation of KingABC Lending Corporation’s Certificate of Authority (CA) to operate a loan company final and binding due to unfair debt collection practices. In a resolution, the SEC’s Corporate Governance and Finance Department (CGFD) dismissed the petition for reconsideration filed by KingABC – operator of the …

Digital Lending Platforms Market Allied Market Research has released a new report titled “Digital Lending Platform Market by Component (Software & Service), Deployment Model (On-Premises & Cloud), Type (Decision Automation, Collection & Retrieval, Loan Processing, Management) risk and compliance, and others) and industry verticals (banks, insurance companies, credit unions, savings and loan associations, peer-to-peer lending …

As the owner and operator of award-winning properties like Walker Hotels and the new one Marram MontaukBridgeton has witnessed the difficulties properties have in securing proper financing – particularly in the aftermath of COVID-19 – and plans to fill a void in debt capital markets. With strong investor demand, Bridgeton Capital is targeting $ 350 …

Foreign investors have finally heard the red flags surrounding China Evergrande, a huge developer with $ 300 billion in debt roughly equivalent to Finland’s annual economic output. On Monday, benchmark stock indexes for Europe and the United States went into liquidation over fears of financial contagion, while the trades credit default, China’s sovereign default insurance …

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Tanya Chadha, Director of Operations, Mcapital. Mcapital to meet the credit needs of MSMEs; aims to build an INR 100 Crore loan portfolio by March 2022 Mumbai, September 21, 2021: Mcapital, Mswipe’s lending business, today announced the appointment of Tanya Chadha as Chief Operating Officer (COO). With over 16 years of financial services and credit …

COVID has changed people’s behavior a lot. It has brought a lot more financial uncertainty and insecurity into our daily lives, and it has reshuffled our priorities. People have started, for example, to prioritize time spent with loved ones, to prioritize their “time for me”, to prioritize their mental and physical health and to favor …

(3TV / CBS 5) – It is a form of corruption on the Internet that has claimed countless victims. The elements are intriguing. They involve romance, photos, lies, and possibly money. A lot of money. Today, Gary Harper speaks with Nate Warfield, a former hacker who ultimately used his skills to help people and businesses …

By Dhirendra Tripathi Investing.com – Coinbase (NASDAQ: COIN) shares recovered some losses but traded down 6% on Monday after the platform succumbed to pressure from regulators and scrapped plans to start a business of crypto lending. The company announced its decision in a blog post on Friday. In a communication to the crypto platform, the …

3 Ways Technology Is Helping The Loan Business To Scale Quickly By Joy Dumasia September 23, 2021 AI credit rating Credit ratings Digital loans The rise of FinTech has resulted in a new and improved lending system with reduced processing time and minimal or no paperwork. The digitization of lending activity predates the COVID-19 pandemic; …