Articles with tag: repayments

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Banks report an increased use of COVID-19 moratoria and public guarantees

News | Payments General | 23 Nov 2020

The European Banking Authority (EBA) has published a first assessment of the use of COVID-19 moratoria and public guarantees across the EU banking sector.

COVID-19, loans, banks, EBA, moratoria, public guarantees, loan repayments, public guarantee schemes, fiscal measures

Loans issued via AI underwriting to reach USD 315 bln by 2025

News | Payments General | 03 Nov 2020

A new study from Juniper Research has found that the value of unsecured loans issued via AI underwriting platforms will reach USD 315 billion in 2025, up from just USD 24 billion in 2020. 

Juniper Research, study, AI, loans, lending, banks, repayments

Two debt restructuring schemes launched to help distressed SMEs

News | E-invoicing, SCF & E-procurement | 02 Nov 2020

SMEs in financial distress because of the Covid-19 pandemic will be able to access the Sole Proprietors and Partnerships (SPP) Scheme and Extended Support Scheme - Customised (ESS-C) to restructure credit facilities and debts owed to multiple lenders.

SMEs, finance, COVID-19, banks, loans, SMEs, lending, repayments

FCA highlights continued support for consumers struggling with payments

News | Payments General | 23 Oct 2020

The Financial Conduct Authority has urged consumers struggling to make repayments due to the impact of coronavirus (Covid-19) to speak to their lenders about options available to them. 

Financial Conduct Authority, lending, loans, repayments, COVID-19, financial resilience, debt, payments, bills

EBA to gradually stop loan repayments guidelines

News | Payments General | 22 Sep 2020

The European Banking Authority (EBA) has made plans to phase out its Guidelines on legislative and non-legislative payment moratoria in accordance with its end of September 2020 deadline.  

EBA, Europe, legislative loan repayments, non-legislative loan repayments, guidelines, payment moratoria, European Banking Authority, covid-19, pandemic, regulatory framework, banks, loans

PayPal rolls out instalment payments programme in France

News | Online Payments | 03 Jul 2020

PayPal has launched an online instalment payments programme to help France-based SMEs during the coronavirus pandemic.

PayPal, launch, instalment payments, France, SMEs, instalments, repayments, purchase protection, bank card, merchant, Paiement en 4X, online payments, coronavirus

FCA proposes credit-card payment freeze and GBP 500 overdraft for all

News | Cards | 03 Apr 2020

The UK’s Financial Conduct Authority has said that loan and credit card repayments could be frozen for three months.

Financial Conduct Authority, United Kingdom, overdraft, online accounts, online payments, credit card repayments, COVID-19, coronavirus,

PayPal announces new measures on fees, repayments to help merchants

News | Payments General | 01 Apr 2020

PayPal Holdings has announced a set of relief measures to help its more than 24 million merchants around the world impacted by the coronavirus pandemic.

PayPal, fees, repayments, COVID-19, coronavirus, loans, chargeback, merchants, banks, accounts, cards

Rev19 acquires Renaissance Associates and PurePayments

News | Online Payments | 20 Nov 2019

Rev19, a provider in integrated payment solutions, has acquired Renaissance Associates, a privately owned and self-financed merchant service provider, and PurePayments, a pioneer in payment technology and processing solutions.

Rev19, acquisition, Renaissance Associates, PurePayments, payments, merchants

Yandex.Checkout provides online prepayments for Tesla

News | Online Payments | 15 Mar 2019

Yandex.Checkout has announced that it starts offering Russian customers the opportunity to make an online preorder and an advance payment for Tesla Model Y.

Yandex.Checkout, online prepayments, online payments, Tesla, Russia

Alipay to impose fees on credit card payments

News | Cards | 21 Feb 2019

Alibaba`s payment arm Alipay has announced it will start charging a fee on credit card repayments starting from March 2019.

Alipay, China, fees, credit card payments, repayments, cards, Alibaba

Yandex.Checkout, BMW Group Russia partner for online prepayments

News | Online Payments | 03 Aug 2018

Yandex.Checkout and BMW Group Russia have partnered to offer online prepayments for MINI online showroom’s MINI Cooper S cars in Russia.

Yandex.Checkout, BMW Group, Russia, online prepayments, bank card