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CREDICORP Targets 2 Million Nigerians in Major Consumer Credit Push
10+ hour, 4+ min ago (181+ words) As Nigeria pushes to transform its macroeconomic foundations into tangible consumer prosperity, the Consumer Credit Corporation (CREDICORP) is accelerating its mandate. With an ambitious target to reach 2 million Nigerians by 2027, the federal agency is fundamentally reshaping how everyday citizens access…...
Liquidity risk is shifting as non-banks take over from the Fed
1+ day, 4+ hour ago (562+ words) A new NYLIM report finds the U.S. has entered a market-led liquidity era with real implications for client portfolios The financial backstop advisors have relied on for decades is shrinking. As non-bank institutions take on a growing share of U.S. lending and…...
Strong demand for NBK Al Manzel program
1+ day, 5+ hour ago (419+ words) KUWAIT: The NBK Al Manzel program has witnessed strong demand from customers since its launch, reaffirming its position as one of the leading housing finance solutions in the local market. This success is driven by its flexible, end-to-end offerings and…...
India’s digital lending market grows 13-fold in 5 years, set to capture 21 pc of personal loans by FY31
1+ day, 22+ hour ago (277+ words) New Delhi, Aug 7 India’s digital lending market has grown nearly 13 times in five years and is expected to account for 20 to 21 per cent of all personal loan sanctions by FY2031, a report said on Friday. The digital lending market has grown…...
NITA MORGAN | South Africa has a credit literacy problem
2+ day, 13+ hour ago (826+ words) South Africans are constantly encouraged to budget, save for emergencies, plan for retirement and avoid spending beyond their means. All of that is important. But millions of people also use credit as part of their everyday financial lives, whether to…...
Top 10 Best Online Loan Apps In USA 2026
2+ day, 23+ hour ago (1287+ words) The best online loan apps in the USA for 2026 split into two clear camps: full-size personal loan platforms that can move five or six figures, and small-dollar apps built for emergencies between paychecks. Our ranking covers both, drawn from published…...
The Hidden Cost of Convenience: What Digital Lending Gets Right — and What Borrowers Still Need to…
3+ day, 9+ hour ago (696+ words) There was a time when applying for a loan usually meant collecting documents, visiting a branch and waiting for someone to process the application. Today, much of that journey can happen from a phone. A few details. A digital application....
281 digital lenders in Kenya: How does the CBK regulate loan apps?
3+ day, 23+ hour ago (411+ words) The phone has become one of Kenya's busiest lending counters. On September 30, the Central Bank of Kenya licensed another 29 Digital Credit Providers, bringing the number of licensed providers to 281. CBK says it has received more than 900 applications since March 2022, when…...
232% APR? The High Cost of Payday Loan Apps by State
4+ day, 7+ hour ago (298+ words) The Center for Responsible Lending (CRL) and its Julian Bond Institute (JBI) today released new research, “The Cost of Payday Loan Apps in Your State,” with state-specific data demonstrating very high costs and rates of reborrowing. CRL illustrates this information…...
Financial Inclusion Beyond Spreadsheets: Digital Lending, Transparency, and Regulation in Mexico
4+ day, 12+ hour ago (648+ words) ipsnews.net Financial inclusion has become one of the more closely tracked development indicators in Latin America, and Mexico offers one of the clearest case studies of why the metric matters beyond spreadsheets. Despite near-universal smartphone penetration in urban areas,…...