Tower Community Bank Taps FintechOS to Offer Lending Solutions at the Point-of-Sale
- 1 year 5 months ago
- Lending
Today, Tower Community Bank, a stalwart in the Tennessee banking sector for over 50 years, has reimagined its service offerings in the local market through a partnership with FintechOS. By embracing digital innovation, Tower has launched Momentum by Tower, a unique point-of-sale lending platform that empowers local businesses to provide bespoke financing options directly to their customers.
ZORRZ and IDnow Unite to Forge Inclusive Financial Access for All UK Consumers
- 1 year 5 months ago
- Lending
ZORRZ, a London-based fintech start-up focused on empowering financial inclusivity and security, has announced its partnership with IDnow, a leading European identity verification platform provider, to revolutionize customer onboarding for their innovative credit solution, the BlueAccess Card.
Mangopay Partners with Storfund to Offer Marketplaces an Embedded Cash Flow Solution for Their Sellers
- 1 year 5 months ago
- Lending
Mangopay, a modular and flexible payment infrastructure provider for marketplaces and platforms, announces that it has partnered with fintech innovator Storfund to offer marketplace sellers the opportunity to eliminate the standard 10 - 30 day wait for payment for their sales, by getting paid on the day that they sell.
Owners Bank Expands Partnership with Biz2X to Include Partner Origination Portal
- 1 year 5 months ago
- Lending
Biz2X LLC today announced the launch of a new partner portal to expand its relationship with Owners Bank, a Middletown, Connecticut-based division of Liberty Bank that provides financial solutions uniquely designed
CFPB Addresses Inaccurate Background Check Reports and Sloppy Credit File Sharing Practices
- 1 year 5 months ago
- Lending
Today, the Consumer Financial Protection Bureau (CFPB) issued guidance to consumer reporting companies to address inaccurate background check reports, as w
Maine Savings Selects Upstart for Personal Lending
- 1 year 5 months ago
- Lending
Maine Savings, one of Maine’s largest credit unions with over 35,000 members, has announced a new partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to provide personal loans across the communities it serves.
Paymob and Tamara Partner to Power GCC SMEs
- 1 year 5 months ago
- Lending
Paymob, the leading financial services enabler in the Middle East, North Africa, and Pakistan (MENA-P) has announced its partnership with Tamara, the leading shopping and payments platform in the GCC region.
Origence Partners with Tesla to Provide Attractive Monthly Payments and Affordable Credit Union Financing to Electric Vehicle Buyers Across the U.S.
Origence, the leading credit union lending technology company in the U.S., and Tesla, the largest EV manufacturer in the world, announced a partnership to offer credit union financing to EV buyers through the Tesla website. This partnership will provide Tesla buyers seeking affordable monthly payments with more options through credit union financing.
Cotribute Successfully Launches Digital Account Opening for Blue Federal Credit Union in 30 Days
- 1 year 5 months ago
- Lending
Cotribute, an award-winning embeddable fintech platform helping credit unions grow deposits, loans, and memberships, today announced that it has successfully launched its digital account opening platform for Cheyenne, Wyo.-based
Scienaptic AI Partners with DigiFi to Provide Advanced Credit Scoring
- 1 year 5 months ago
- Lending
Scienaptic AI, a leading global AI-powered credit decision platform provider, announced its integration partnership with DigiFi, the financial industry's leading platform for automated digital lending. With this integration, DigiFi clients can seamlessly access Scienaptic’s advanced AI-powered signals for lending.
Young People Turning to Buy Now, Pay Later to Bankroll Christmas
- 1 year 5 months ago
- Lending, Personal Finance
Rising costs forced young people to use buy now, pay later (BNPL) to afford Christmas this year as a quarter (23%) of young people admitted they were planning on buying their Christmas dinner this year using BNPL, according to new research from responsible lender, Creditspring.
The P2P Market Demonstrates “Non-Random” Randomness
- 1 year 5 months ago
- Lending
Robo.cash analysts studied the exposure of the continental European P2P lending market to the randomization effect. The analysis included 54 European platforms with available statistics on reinvestment volumes. "We ran nearly two dozen statistical criteria to detect patterns such as trend, cyclicality, and seasonality. The absence of these patterns is the main feature of randomness." - platform specialists explain the approach.
CFPB Issues Report Showing Many Americans Are Surprised by Overdraft Fees
- 1 year 6 months ago
- Lending
The Consumer Financial Protection Bureau (CFPB) today issued a new report finding that many consu
Liquidnet to Integrate BondIT’s AI-driven Credit Research Into Its Electronic Trading Platform
- 1 year 6 months ago
- Lending
Liquidnet, a leading technology-driven agency execution specialist, and bondIT, a leading provider of next-generation investment technology, announced today their partnership to integrate bondIT’s Scorable Credit Analytics into Liquidnet’s Fixed Income electronic trading platform. The collaboration aims to empower traders to anticipate market trends, mitigate credit risk and make informed investment decisions faster.
British Business Bank Launches Asset-based Lending Variant of the Recovery Loan Scheme
- 1 year 6 months ago
- Lending
The British Business Bank has launched an asset-based lending variant of the Recovery Loan Scheme. The asset-based lending variant aims to broaden the support available for small businesses in the UK to access finance through the Recovery Loan Scheme, making use of a broad range of business assets.