‘Banking4U’ App by Kenya-Based SG NewTech Wins Award at Finastra’s Global Hackathon
- 5 years 5 days ago
- Lending, Banking, FinTech StartUps
SG NewTech, a Kenya-based tech services company and subsidiary of Software Group, has won an award for ‘Best in MEA’ at Finastra’s Global Hackathon “Hack the Future” for its latest project, Banking4U, designed to provide quick and easy access to bank loans.
Twenty7tec Rolls Out Aldermore APPLY Integration to All Users
Leading mortgage technology provider, Twenty7Tec, today announces that all users of the company’s CloudTwenty7 platform will now have access to the APPLY integration with Aldermore, for the submission of mortgage applications. This move follows a successful pilot of the integration, so advisers at both Mortgage Advice Bureau and Connells were able to submit applications to Aldermore from within APPLY.
FICO UK Credit Market Report December 2020: Debt Pressures Growing
- 5 years 1 week ago
- Lending
Global analytics software provider FICO today released its analysis of UK card trends for December 2020, which presents a mixed picture of UK consumer financial stability. Some of the data suggests that credit card users are managing their finances prudently, but where there is already pressure on finances, the reliance on credit cards is increasing.
New Pay As You Grow Facility Will Enable More Flexible Repayments on Bounce Back Loans for UK Smaller Businesses
- 5 years 1 week ago
- Lending
The British Business Bank, the UK’s economic development bank, today announces further details of Pay As You Grow, which helps UK smaller businesses that have taken out a Covid-19 emergency Bounce Back Loan to manage their cashflow and have a better chance of getting back to growth. Originally announced by the Chancellor of the Exchequer in September 2020, Pay As You Grow (PAYG) will enable businesses who have started repaying their Bounce Back... more
Reliance Bank Added to APPLY
- 5 years 1 week ago
- Lending
Leading mortgage technology provider, Twenty7Tec, today announces that Reliance Bank has been added to its APPLY module, enabling mortgage intermediaries to submit applications to Reliance from the CloudTwenty7 platform.
Forward Advances Chooses Salt Edge to Verify Business Performance of Their Customers Instantly
- 5 years 1 week ago
- Lending
Forward Advances, a UK revenue-based financing solution for e-commerce and SaaS businesses, has partnered with Salt Edge, a leader in offering open banking solutions, to get instant access to aggregated bank data that allows them to make better lending decisions.
Bridge Mutual and AllianceBlock Partner to Provide Compliant Coverage to DeFi
- 5 years 2 weeks ago
- Blockchain, Lending, Asset Management
Bridge Mutual, the decentralized, peer-to-peer discretionary coverage platform for digital assets, today announced a partnership with A
Yolt Technology Services Expands Account Information Services to Support UK Mortgage Lenders
- 5 years 2 weeks ago
- Lending
Yolt Technology Services (YTS), the leading open banking provider, has today expanded out the applicability of its Account Information Services (AIS) to provide enhanced data insights for UK mortgage lenders. Made possible by the growth of financial data sharing under the Open Banking framework introduced by the CMA in 2016 – and supporting regulation by the FCA – AIS facilitates the secure transmission of an individual’s transactional data... more
NatWest Launches Grant Finder Service for SMEs in Partnership with Swoop
NatWest has today announced the launch of a new grant finder service in conjunction with Swoop, which will allow UK businesses to search for grants to help their business deal with the ongoing impacts of the COVID-19 pandemic.
Berkshire Bank Taps Cirrus to Support Small Business and PPP-Related Lending Initiatives
Cirrus, a provider of cloud-based document management software, announced that Berkshire Bank has selected the company’s enhanced secure document collection portal to help the bank manage an influx of SBA loan requests, including 942 PPP loans on the first day of the program.
Filogix Digitizes the End-to-End Mortgage Process
- 5 years 2 weeks ago
- Lending
Filogix, a Finastra company, announced that it has enhanced its Filogix Expert offering with the launch of Filogix Expert Pro and Filogix Expert Plus – solutions that digitize the full end-to-end mortgage process.
NEO Finance Founder: P2P Platforms Are Now Actively Competing for Borrowers With Banks
In a recent interview with
SIA and Wizkey Sign Agreement for Trading of Credits on Blockchain
- 5 years 3 weeks ago
- Blockchain, Lending
SIA, a leading European hi-tech company in payment services and infrastructures, controlled by CDP Equity, has signed a partnership agreement with WizKey, a fintech offering advanced solutions for the credit market, to launch an innovative platform available to banks, funds and financial operators to negotiate credits on blockchain and promote greater liquidity to the benefit of SMEs.
Kesho Undergoes Complete Rebrand as Part of Omnio’s Shake-Up of Its Digital Service for the Credit Union Sector
- 5 years 4 weeks ago
- Lending
Sercle is the new name for Omnio’s interests in the Credit Union sector including Kesho and it delivers market leading digital infrastructure for Credit Unions worldwide.
Permanent TSB Partners with Experian’s Categorisation Service to Deliver Enhanced Customer Lending Journeys
- 5 years 1 month ago
- Lending
Irish personal finance provider Permanent TSB has signed up to use Experian’s banking categorisation technology to improve its customer lending journeys. When a customer applies for a loan, Experian’s Categorisation as a Service (CaaS) automatically categorises the customer’s income and expenditure to allow lenders to quickly understand a person’s financial situation, ensure a robust lending decision and enhance the speed to a decision in the... more
