Cambridge Building Society Extends Partnership with finova to Power Banking Technology
- 1 year 3 months ago
- Lending
finova, the UK’s largest cloud-based mortgages and savings software provider, today announced the extension of its partnership with The Cambridge until October 2030. Through this partnership, finova will continue to enhance the lender’s banking technology over a series of upgrades.
ChargeAfter Unveils The Lending Hub Platform to Revolutionize Banks’ Embedded Lending Capabilities
- 1 year 3 months ago
- Lending
ChargeAfter, the embedded lending platform for point-of-sale financing, has unveiled The Lending Hub, a platform that transforms how banks deliver lending solutions for merchants and their customers at scale.
PayPal Launches its Most Advanced Solution for Small and Mid-sized Enterprises in the UK
PayPal Complete Payments launches today for online small businesses in the UK, Canada and across more than 20 European markets. The solution enables small businesses in the UK to accept a range of payments including PayPal, buy now pay later solutions, Apple Pay®, Google Pay™️, credit and debit cards, and alternative payment methods from around the world.
Younger Borrowers Bring Access to Loans Into Question as 78% See Applications Rejected
- 1 year 3 months ago
- Lending, Personal Finance
As consumers continue to navigate cost-of-living pressures, new research shows that younger age groups face significant barriers when it comes to accessing credit.
Temenos Named a Leader in North America for Small Business Lending and Customer Experience Solutions
- 1 year 3 months ago
- Lending
Temenos today announced that it has been named a Leader in two US flagship reports – the IDC MarketScape: North American Small Business LendingCustomer Experience Solutions 2023-2024 Vendor Assessment and the IDC MarketScape: North American Small Business Lending Decisioning Platforms 2023–2024 Vendor Assessment.
The Saikyo Bank Partners with nCino to Enhance Operational Efficiency and Customer-Centric Services
- 1 year 3 months ago
- Lending
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that The Saikyo Bank, Ltd. (Saikyo), a $20B-asset regional bank in Japan, will implement nCino to improve operational efficiencies and customer convenience. Saikyo will start its single platform journey with nCino by introducing the technology to its mortgage operations.
Experian Consumer Credit Reports to Now Include Apple Pay Later Loan Information
- 1 year 3 months ago
- Lending
In a move towards greater transparency and responsible credit reporting in the buy now, pay later (BNPL) industry, Experian® today announced it will now include “pay-in-4” BNPL loan information from Apple Pay Later on consumers’ credit reports, making Apple the first major BNPL provider to fully furnish “pay-in-4” loan information and payment history directly to the credit reporting agency.
Froda and Visa Expand Their Partnership to Enhance Lending to Small Businesses
- 1 year 3 months ago
- Lending
More than half of European small businesses struggle with accessing financing. In response, the Swedish fintech company Froda expands its partnership with Visa, a world leader in digital payments, to scale embedded SMB lending across Europe. This enables other fintechs, banks, and neobanks to access Froda’s card-based embedded lending product to offer business loans to their customers.
Yapily's Open Banking Solutions Fuel Uncapped's Mission to Provide Swift Financial Support to Businesses
- 1 year 3 months ago
- Lending
Yapily, a leading provider of open banking solutions, is delighted to announce its partnership with Uncapped, a pioneering fintech providing working capital funding to scaling brands retailers and merchants across UK, EU and US. This collaboration significantly bolsters progress in the financial lending sector and democratises access to capital for online companies.
American Express® Cardmembers Can Now Pay in Instalments, with Plan It ™
- 1 year 3 months ago
- Lending
American Express has today launched ‘Plan It’ – a new offering for the UK market that allows credit Cardmembers to pay off purchases on their statement, or a portion of their monthly bill, in instalments.
iwoca Partners with Business Account Provider Countingup to Offer Flexible Loans
- 1 year 3 months ago
- Lending
iwoca, one of Europe’s largest SME lenders, today announces a partnership with business account provider Countingup to make business finance available to almost 10,000 of Countingup's users at the touch of a button.
Repay Partners With Maxyfi to Modernize the Collection of Payments
- 1 year 3 months ago
- Lending
Repay Holdings Corporation, a leading provider of vertically integrated payment solutions, today announced a new partnership and technology integration with Maxyfi, a provider of collections and accounts receivable
Buy Now, Pay Early: 97.4% of Klarna Black Friday Purchases Paid off on Time or Early
- 1 year 3 months ago
- Lending
Klarna, the AI-powered global payments provider and shopping assistant, has revealed UK consumers paid off 97.4% of Black Friday orders on time or early, an increase of 2% compared with last year. The data comes as Bank of England boss Andrew Bailey declared yesterday that the UK’s recession may already be over. Klarna’s Buy Now Pay Later products are always interest-free and, if paid on time, incur no fee.
Zilch Launches Pay Over 3 Months Interest-free Regulated Product
- 1 year 3 months ago
- Lending
Zilch, the ad-subsidized payments network (ASPN), today announces the launch of a new credit payment product, allowing its customers to spread interest-free repayments for larger purchases over three months. The new ‘Pay over 3 months’ product will provide more flexibility to customers and drive up Zilch’s market-leading wallet share.
Finastra’s Filogix Unveils Automated Lender Note Capabilities, Powered by Gen AI
- 1 year 3 months ago
- Artificial Intelligence, Lending
Finastra’s Filogix team has unveiled new generative AI (Gen AI) capabilities in its Expert Pro Canadian Mortgage Point of Sale (POS) solution. The function automates the creation of borrower narratives (notes) that aids in lender underwriting – streamlining processes, saving time and minimizing errors for brokers.
