Loans

U.S. Credit Bureaus Embrace Alternative Data for More Inclusive Lending
Capital, Risk & Assets U.S. Credit Bureaus Embrace Alternative Data for More Inclusive Lending

The landscape of credit assessment and reporting is undergoing a significant transformation. Major U.S. credit bureaus—Experian, Equifax, and TransUnion—are increasingly integrating alternative risk data into their credit assessment models. This shift aims to provide a more comprehensive evaluation

February 17, 2025
Where Can You Get Quick Loans in Kenya in 2025?
Capital, Risk & Assets Where Can You Get Quick Loans in Kenya in 2025?

In the digital age, urgent financial needs can strike at any moment, and traditional banking methods may not provide the swift assistance required. The introduction of mobile loan services in Kenya has revolutionized accessibility to quick loans. With minimal requirements compared to conventional

February 10, 2025
How Are Mobile Banking Apps Revolutionizing Traditional Banking?
Digital & Technology How Are Mobile Banking Apps Revolutionizing Traditional Banking?

As fintech continues to thrive, particularly among younger generations with a burgeoning interest in the stock market, mobile-first solutions are significantly reshaping how consumers engage with their finances. Mobile banking applications are spearheading a revolution within the traditional

February 6, 2025
Are Business Bank Loans the Right Choice for Your Company?
Capital, Risk & Assets Are Business Bank Loans the Right Choice for Your Company?

Business bank loans are a critical financing option for companies looking to cover various needs such as operating costs, equipment purchases, vendor payments, or business expansion. These loans, provided by traditional banks, offer unique advantages and challenges that businesses must consider

February 3, 2025
Enforcement Directorate Seizes Rs 79.78 Crore Assets in Bank Fraud Case
Regulatory & Compliance Enforcement Directorate Seizes Rs 79.78 Crore Assets in Bank Fraud Case

In a significant development in the investigation of a Rs 220 crore bank fraud involving Sharon Biomedicine Limited (SBML), the Enforcement Directorate (ED) has intensively seized immovable assets worth Rs 79.78 crore. This seizure, which took place on January 24, included flats, plots, hotels, and

January 28, 2025
Future of SAVE Plan for Student Loan Relief in Jeopardy
Capital, Risk & Assets Future of SAVE Plan for Student Loan Relief in Jeopardy

The Saving on a Valuable Education (SAVE) Plan, designed to alleviate the financial burden of student loans by reducing monthly payments and leading to quicker loan forgiveness, faces an uncertain future amidst brewing legal challenges and a shift in the presidential administration. With eight

January 27, 2025
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