Octopus Real Estate added to SOURCE
- 3 years 11 months ago
- Lending
Leading mortgage technology provider Twenty7Tec today announces that Octopus Real Estate has added its mortgage product range to the Twenty7Tec SOURCE module. By adding its products to SOURCE, the Octopus Real Estate product range and criteria is now available to users of CloudTwenty7, the Twenty7Tec platform.
Cynergy Bank Reaches £3Bn Lending Milestone
£3bn lent to scale-ups and property entrepreneurs across the UK Cynergy Bank, has reached a lending milestone having grown to £3bn by continuing to support SME’s, property entrepreneurs and homeowners. Cynergy Bank, the human digital bank, reached the milestone figure at the beginning of 2022 against a backdrop of two years of economic uncertainty caused by the pandemic.
Tinkoff Launches Russia's First Fully Digital Mortgage Offering
Tinkoff is introducing a new line of business – digital mortgage loans. Tinkoff’s mortgage loan offering is the first of its kind in Russia: the process will take place entirely online, from paperwork to credit issuance. Since Tinkoff has always been branchless, customers will not need to visit a brick-and-mortar location at any stage of the transaction, including when applying for electronic signatures.
CoreCard Corporation Reports Fourth Quarter 2021 Results
- 3 years 11 months ago
- Lending
CoreCard Corporation, the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, announced today its financial results for the quarter ended December 31, 2021.
Online Lending: A Global Industry
- 3 years 11 months ago
- Lending
Source Over the past decade, the online lending industry has grown into an important source of financing for everyday consumers and small and medium-sized businesses (SMBs). In the United States, online lending companies offer both quick cash products, such as peer-to-peer and payday lending, as well as longer-term, secured loans for mortgages and business financing.
Natwest Launches New Subsidised Loan to Help Smes Go Green
- 3 years 11 months ago
- Lending
● New Green Loans proposition will offer borrowing with no arrangement fee* to qualifying Small and Medium Enterprises (SMEs)** investing in eligible clean buildings, energy, transport and agriculture
GHD Partners with Silta to Help Develop new DeFi Lending Solution for Infrastructure
- 3 years 11 months ago
- Lending, Infrastructure
GHD, the leading professional services company, has partnered with Silta Finance to help develop Silta’s collateral bridge between infrastructure developers and decentralised finance (DeFi) by experimenting with the technology solution and providing feedback and improvement suggestions.
TransUnion Is First UK Credit Reference Agency To Accept Buy Now, Pay Later Data
- 3 years 11 months ago
- Lending, Payments, Credit Cards
Global information and insights provider TransUnion has announced it is ready to accept buy now, pay later finance into UK consumer credit files, being the first credit reference agency in the UK to do so. Following extensive research and product innovation, buy now, pay later finance – also known as deferred payment credit – will soon be included within TransUnion credit information to help protect consumers and enable finance providers to... more
Fintern Secures £40 Million to Scale Its Credit Technology and Power Fair Finance Across the UK and Beyond
- 3 years 11 months ago
- Fundraising News, Lending
After proving its model in 2021, Fintern has now raised a Series A round led by Hambro Perks to expand access to affordable consumer credit
Biz2Credit Small Business Lending Index™ for January 2022 Finds That Loan Approval Rates Increased for Every Category of Lender
- 3 years 11 months ago
- Lending
Approval Percentages at Big Banks, Small Banks, Institutional Lenders, Alternative Lenders and Credit Union Still Are Roughly Half of What They Were in January 2020
Embedded Finance Startup Falcon Appoints Ex-banker Chinmaya Desai as Chief Business Officer Ahead of its Next Growth Phase
- 3 years 11 months ago
- Lending, Payments, Credit Cards, FinTech StartUps
Chinmaya will be responsible for company’s overall business growth besides driving partnerships across domestic and international markets
iwoca SME Expert Index: Small Businesses Invest in Growth as Demand for Larger Loans Rises
- 3 years 11 months ago
- Lending
Growth continues to be the top reason for SMEs accessing finance, with even more brokers (43%) citing this as the most common SME loan purpose. Q4 sees a shift in the amount of money wanted by SMEs, with loans over £100,000 becoming most popular, compared to loans under £25,000 which took the top spot in Q3. Demand for the Recovery Loan Scheme remains stable following the extension of the programme’s application deadline.
The Association of National Numbering Agencies Celebrates 30 Year Landmark Anniversary
- 3 years 11 months ago
- Lending, Data, Infrastructure
Celebrating 30 Years working with National Numbering Agencies to provide a global, common language of financial instruments processing
Making AI Attainable For All Michigan Credit Unions
- 3 years 11 months ago
- Artificial Intelligence, Lending
Michigan Credit Union League and Scienaptic collaborate in new AI venture for Michigan credit unions Leading global AI-powered credit decision platform provider, Scienaptic AI announced an AI collaboration with the Michigan Credit Union League (MCUL). This alliance will enable the company to offer its AI-powered credit underwriting technology to credit unions throughout Michigan.
BlackLine Acquires FourQ, Redefining Intercompany Financial Management
- 3 years 11 months ago
- Lending, Management
Acquisition strengthens BlackLine's intercompany accounting solutions, adding advanced tax and statutory reporting compliance capabilities to its financial operations management platform
