LendInvest Selects Pepper Advantage’s PRISM Platform for Next Growth Phase
- 4 hours 59 min ago
- Lending
Pepper Advantage, a leading global credit intelligence and investment technology company, today announced that LendInvest plc (AIM: LINV), the UK alternative property finance platform, has selected its proprietary PRISM platform to power its credit management operations.
10x Banking and ezbob Partner to Accelerate SME Lending Launches for Banks
- 5 hours 7 min ago
- Lending
10x Banking, the 4th-generation core banking platform powering some of the world’s largest financial institutions including Westpac and Chase UK, today announces a partnership with ezbob, a lending technology company who has worked with the likes of NatWest and Metro Bank. The partnership brings together ezbob’s lending-orchestration platform with 10x’s modular core and ledger to enable banks to launch SME lending products in weeks rather than... more
Zip Research Reveals 83% of U.S. BNPL Users With a Preferred Provider Would Likely Abandon a Purchase Without It
- 7 hours 48 min ago
- Lending
Zip, the digital financial services company offering innovative, people-centered products, today released new research showing that payment preferences are shaping where consumers shop. Among surveyed U.S. buy now, pay later (BNPL) users, 83% say they would be likely to abandon a purchase if their preferred BNPL provider weren’t available at checkout.
Pepper Money Increases Concessionary Purchase LTV to 85%
- 1 week 1 day ago
- Lending
Pepper Money has increased the maximum loan-to-value (LTV) available on concessionary purchases from 75% to 85% of the property’s full market value, giving eligible customers greater flexibility when buying a property at a discounted price from a close family member, or buying the home they currently rent from their landlord.
TD Launches Credit Assist, Turning Days of Commercial Credit Work Into Minutes
- 1 week 4 days ago
- Lending
TD Bank U.S. today unveiled TD Credit Assist, an AI capability that reduces the time required to prepare a first-draft commercial credit analysis from up to three working days to less than 30 minutes. Credit Assist brings together information from complex documents to create a structured, cited draft of six key credit memo sections for review and underwriting by TD's more than 300 credit professionals who prepare more than 10,000 credit memos... more
Merrick Bank and Happy Money Launch $500 Million Lending Program
- 1 week 6 days ago
- Lending
Happy Money, a consumer finance company dedicated to empowering people to achieve their goals, today announced a new lending program with Merrick Bank that will provide up to $500 million in funding through 2027. This partnership adds to Happy Money's capital partner network and supports the company’s ability to serve qualified borrowers.
Klarna Expands Fiserv Partnership to Enterprise Merchants After Going Live at 100,000 U.S. Locations via Clover
- 2 weeks 5 hours ago
- Lending
Klarna, the everyday finance network, will be available on Commerce Hub, Fiserv's (NASDAQ: FISV) enterprise commerce platform, for the first time. Merchants in the U.S., Canada, the U.K. and select European markets will be able to offer Klarna both in-store and online. The agreement follows Klarna's launch this week at 100,000 U.S. in-store merchant locations through Clover, Fiserv's point-of-sale platform for small businesses.
UnaFinancial Enters South Africa With a Digital Lending Service
- 2 weeks 6 hours ago
- Lending
Kredio offers South African consumers digital loans ranging from R500 to R8,000, with repayment terms of 7 to 45 days. The application process is easy: an automated credit check delivers a decision, and approved funds are paid to the borrower's bank account within minutes, with no branch visits. The company is registered with the National Credit Regulator.
Ecommpay Adds Klarna, Giving Consumers a More Flexible Way to Pay
- 3 weeks 6 hours ago
- Lending
Ecommpay, the inclusive global payments platform, has added Klarna, the everyday finance network, to its payment choices, giving merchants a simple way to offer millions of shoppers greater choice, transparency and control at checkout.
Experian Launches Cashflow Attributes for Commercial Lenders
- 1 month 4 days ago
- Lending
Experian® today announced Experian Cashflow Attributes for commercial lenders, a new solution that transforms business bank transaction data into analytics-ready attributes to help financial institutions make more informed decisions and gain a deeper understanding of the financial health of the businesses they serve.
Coinbase Launches Fixed-Rate Crypto-Backed Loans Powered by Morpho Midnight
- 1 month 6 days ago
- Lending
Morpho, the blockchain-based network for digital asset credit markets, today announced that Coinbase has launched fixed-rate, fixed-maturity crypto-backed loans powered by Morpho Midnight.
LoanPro Launches Virtual Mastercard, In-House Payment Processing for Lenders
- 1 month 1 week ago
- Lending
LoanPro, the modern lending and credit platform, today announced new products covering payments, card-based loan disbursement and AI-assisted servicing. LoanPro unveiled the products to lenders and partners at its annual, invite-only Salt Flats Summit, where the company demonstrated them live on stage.
Amazon and Affirm Partner to Offer UK Customers New Instalment Options
- 1 month 1 week ago
- Lending
Starting today, Amazon customers in the UK have a new way to pay for their purchases with the launch of instalment options from Affirm. The new Affirm payment options will be available to customers when shopping for millions of products. Customers can simply select Affirm as their payment method at checkout and apply to get an instant eligibility decision from Affirm.
Klarna Teams Up With Alza.at, Bringing Flexible Payments to Austrian Shoppers
- 1 month 2 weeks ago
- Lending
Klarna, the global digital bank and flexible payments provider, today announced a partnership with Alza.at, Austria's online retailer, to bring flexible payments to hundreds of thousands of customers shopping on Alza.at or through the Alza app. Alza.at shoppers can now enjoy more flexibility when shopping for the products they love, with Klarna payment options at checkout: pay in full, pay in 30 days, split a purchase into three interest-free... more
Experian Take the Guesswork Out of Credit Applications With Fast Track Pre-Approvals
- 1 month 2 weeks ago
- Lending
Experian today launches Fast Track, a lending innovation designed to transform the pre-approval journey for both consumers and lenders. Powered by enhanced data insights, including Open Banking and advanced affordability information, Fast Track helps people better understand their likelihood of approval before applying for products such as loans and credit cards.
