Tuum and Abwab.ai Partner to Deliver End-to-End SME Lending Solutions in the Middle East
- 4 months 1 week ago
- Lending
Tuum, a next-generation core banking platform provider, today announced a strategic partnership with Abwab.ai, a leading AI-driven financial services enabler, to deliver a seamless, end-to-end digital lending solution for Small and Medium Enterprises (SMEs) across the Gulf Cooperation Council (GCC).
GFT’s Generative AI Credit Risk Assistant to Inform Major Lending Decisions
- 4 months 1 week ago
- Lending
Global digital transformation company GFT Technologies today announced its work to launch a generative AI powered credit risk assistant in the U.S. to inform and scale lending decisions for private capital firms and banks. The new tool automatically pieces together vast amounts of financial data to create credit reports, reducing timelines from hours and even days to mere minutes while ensuring compliance.
Klarna Customers in US and UK Can Now Access Klarna Installment Plans for In-Store Apple Pay Purchases
- 4 months 2 weeks ago
- Lending
Klarna, the global digital bank and flexible payments provider, is now available to eligible users using Apple Pay to pay in-stores on iPhone. Starting today, eligible Apple Pay users in the U.S. and UK will have access to Klarna’s flexible payment offerings, including pay later in installments with no interest. This news adds to last year’s partnership, which brought Klarna’s flexible payment offerings to eligible users when checking out... more
UK Employees Front Nearly £6Bn in Work-Related Costs – £1Bn More Than the UK’s Total Overdraft Debt
- 4 months 2 weeks ago
- Lending
Conferma, the global leader in virtual payment technology, today announces research finding that employees across the UK are increasingly footing the bill for business-related expenses with staff fronting almost £6 billion of work costs in the past year alone - almost £1 billion more than the UK’s total national overdraft debt.
Azentio Reimagines Speed and Personalization for Retail, SME, and Corporate Lenders With Its Next-Gen Loan Origination Offering
- 4 months 2 weeks ago
- Lending
Azentio Software, a leading technology enabler in the BFSI space, announced the launch of Azentio Loan Origination, its next-generation product that redefines how financial institutions scale credit operations across retail, SME, and corporate segments, and supports both conventional and Islamic financing.
Delfi Launches Optimal Duration Index (ODIN): A New Compass for Lending Decisions
- 4 months 2 weeks ago
- Lending, Infrastructure
Delfi, the AI-native risk management platform for financial institutions, has introduced the Optimal Duration Index (ODIN), a benchmark designed to bring clarity to loan origination decisions in today’s uncertain interest rate environment.
Loqbox and ClearScore Launch Embedded Support for Declined Credit Applicants
- 4 months 2 weeks ago
- Lending
Loqbox, the award-winning credit-building platform, has expanded its partnership with ClearScore to help more users who are declined for credit take steps to improve their financial prospects.
Gatehouse Bank Expands Buy-to-Let Product Range for UK Residents
- 4 months 2 weeks ago
- Lending
Gatehouse Bank has today expanded its Buy-to-Let (BTL) product offering for UK residents to include 5% and 7% product fee options available on two-year and five-year fixed term products. Following today’s updates, the Bank now offers BTL rental rates* for UK residents starting from 3.39%.
Ant International’s Bettr Lending Empowers SMEs on Global E-Commerce Platforms as Year-End Shopping Sprees Near
- 4 months 3 weeks ago
- Lending
Bettr, a leading provider of embedded financing and tech solutions under Ant International, today announced the launch of its AI-driven accounts receivable financing solution designed to provide global e-commerce platform vendors with rapid and secure access to working capital as they prepare for the year-end shopping sprees.
Sikoia and Finova Partner to Streamline Document Verification for UK Lenders
- 4 months 3 weeks ago
- Lending
Sikoia, the leading Customer Verification Platform, today announces its partnership with Finova, the UK’s largest cloud-based mortgage and savings software provider, to automate the manual review of broker-submitted documents - a common bottleneck for lenders that adds cost, slows decisions, and creates friction for brokers.
Nova Credit's Platform and Advanced Analytics to Enhance Chase Underwriting Capabilities
- 4 months 3 weeks ago
- Lending
Nova Credit, a leading credit infrastructure and analytics company, today announced that Chase has selected Cash Atlas™ to power its cash flow underwriting capabilities. Chase will also use Nova Credit’s Credit Passport® to access and decision with international credit data. These solutions will enable Chase to serve more customers across the U.S. who have limited credit history or are underserved by traditional credit models.
Subscription Finance Surges as Creditspring Passes £600m Loans & 300k Members
- 4 months 3 weeks ago
- Lending
Creditspring, the subscription-based credit provider on a mission to improve financial stability across the UK, has revealed that it has provided £600 million in loans and surpassed 300,000 active members in the UK as demand for fair, transparent credit options has surged.
New BNPL Data Reveals Surprising Truths, Repeat Spenders Most Responsible
- 4 months 4 weeks ago
- Lending
Qlarifi has completed the first real-time, multi-provider study of Buy Now Pay Later (BNPL) usage, revealing that 1 in 4 users make a new transaction every five days, and most use BNPL monthly. In fact, high-usage consumers are more reliable, with defaults concentrated in lower-ticket, one-off purchases by older or first-time users. This challenges the narrative that BNPL is primarily driven by impulsive Gen Z and millennial spending.
Vergent LMS Unveils OmniaCnct Platform to Help Community Lenders Compete in Digital Banking Era
- 5 months 2 days ago
- Lending
Vergent LMS, a leading provider of loan management solutions, has released the OmniaCnct Platform, a comprehensive suite of lending technology designed to help lenders modernize operations, reduce costs, and expand their business reach.
