Category Archives: Blog with BEBdata

IoT, What Does it Mean?

The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.

A Thing can be any natural or man-made object that is assigned an IP address and can transfer data over a network.  A dog that has a microchip implanted or a car that has built-in sensors to alert the driver when a car is too close to stop safely are good examples of a “thing” in the Internet of Things.

IoT has evolved from the convergence of wireless technologies, micro-electromechanical systems (MEMS), microservices and the internet. The convergence has helped tear down the silo walls between operational technology (OT) and information technology (IT), allowing unstructured machine-generated data to be analyzed for insights that will drive improvements.

How We Compile Our Data

Bankruptcy records are open to the public.  We access those records using                             PACER (Public Access Court Electronic Records).  PACER is an electronic access service that allows users to obtain case and docket information from Federal Appellate, District and Bankruptcy courts. Read more here…

Happy Holidays

We wish you and “yours” a very safe and happy Holiday Season from all of us at BEBdata.

Our offices will be closed on Monday, December 25, 2017 in observance of the holiday.  We will re-open on Tuesday, December 26, 2017.  Of course, our counts and ordering system is available 24/hours – 7/days.

Thank you for your business and partnership.

P2P Lending. What Is It?

Peer-to-peer lending, (aka P2P), is the practice of lending money to individuals or businesses through online services that match lenders with borrowers. Since peer-to-peer lending companies offering these services generally operate online, they have lower overhead and can provide service cheaper than traditional lenders. As a result, lenders can earn higher returns compared to savings and investment products offered by banks, while borrowers can borrow money at lower interest rates even after the P2P lending company has taken a fee for providing the match-making platform and credit checking the borrower.

Also known as crowdlending, many peer-to-peer loans are unsecured personal loans.  Other forms of peer-to-peer lending include student loans, commercial and real estate loans, and payday loans.

The lending intermediaries are for-profit businesses and generate revenue by collecting a one-time fee on funded loans from borrowers and by assessing a loan servicing fee to investors or borrowers.  Compared to stock markets, peer-to-peer lending tends to have both less volatility and less liquidity.