OCBC Strengthens Institutional Capabilities With New Securities Lending Programme Powered by the Citi Securities Lending Access™ Platform
- 20 hours 41 min ago
- Lending
OCBC Group (“OCBC”), leveraging the Citi Securities Lending Access™ (“CSLA”) platform, has rolled out a securities lending programme. The programme enables retail and corporate customers of OCBC Securities, as well as clients of its private banking arm, Bank of Singapore, to enhance portfolio returns by lending out their idle securities to institutional borrowers for fee income. They will still receive dividends, coupon payments and bonus... more
Happy Money Launches Next-Generation Credit Model, Further Enhancing Delivery of High-Quality Assets and Strong Risk-Adjusted Returns to Partners
- 1 day 15 hours ago
- Lending
Happy Money, a leading consumer finance company dedicated to empowering people to achieve their goals through responsible lending, today launched its eighth-generation credit model, further strengthening its credit decisioning framework by integrating new data signals to deliver more precise, optimized credit and pricing decisions.
Gatehouse Bank Reduces Rental Rates on All Five-Year Buy-to-Let Products for UK Expats and International Residents
- 1 day 19 hours ago
- Lending
Gatehouse Bank has today announced a rental rate* reduction of 0.18% across its full range of five-year fixed term Buy-to-Let (BTL) Purchase Plans for UK expats and international residents. Today’s changes apply on all standard and green five-year products, including those for customers seeking finance for Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBS). Gatehouse Bank accepts applications from individuals as well as... more
Mastercard and iScore Join Forces to Study Building a New Scoring Model Powering Egypt’s Digital Lending Future
- 6 days 17 hours ago
- Lending
Mastercard, in collaboration with The Egyptian Credit Bureau – iscore, announced a strategic partnership to study building a new scoring model that advances Egypt’s digital lending future and deepens financial inclusion.
First Entertainment Credit Union and Nymbus Launch CineFi, First Digital Credit Union for Entertainment Professionals
- 6 days 17 hours ago
- Lending
Nymbus, a modern banking platform for U.S. banks and credit unions, today announced that First Entertainment Credit Union has successfully launched CineFi, the first fully digital credit union created exclusively for the entertainment industry in the Atlanta area. This latest partnership is another real-world example of how financial institutions can leverage Nymbus' modern banking solutions to create new brands for specialized market segments.
Intelligent Lending Group’s TotallyMoney, CredAbility and Ocean Embrace AI Advancement in Partnership with Adclear
- 6 days 18 hours ago
- Lending
Intelligent Lending Group, the fintech group which includes TotallyMoney, CredAbility, and Ocean brands, has announced its partnership with AI-powered financial promotions platform, Adclear. Adclear’s software will transform marketing and social media compliance across Intelligent Lending Group, speeding up reviews, and enhancing output to deliver transparent and impactful campaigns, more efficiently and effectively.
Finova Partners with Covecta To Bring Agentic AI Capabilities To the UK Lending Market
- 1 week 1 day ago
- Lending
Finova, one of the UK’s leading providers of cloud-based mortgage, savings and lending software, has today announced a new partnership with Covecta, a UK-based AI company that builds configurable agents and workflows to automate activities for financial institutions. Finova will integrate Covecta’s advanced AI engine into its product suite, beginning with the introduction of new support agent capabilities across Finova’s lending and broker... more
ClearScore Embeds Automated Debt Repayment Technology Directly Into Lender Applications
- 2 weeks 20 hours ago
- Lending
ClearScore, a global leader in financial marketplaces, is launching its automated debt repayment technology, Clearer, directly into lender credit application journeys. Clearer ensures that when a customer takes out a debt consolidation loan, the money is automatically used to pay off their existing debts. This removes the risk that funds are used for other purposes, helping lenders price loans more accurately and reducing the likelihood of... more
Consumer Financial Protection Bureau And the Department of Justice Withdraw Joint Statement on Fair Lending and Credit Opportunities for Noncitizen Borrowers
- 2 weeks 2 days ago
- Lending
The Consumer Financial Protection Bureau and the Department of Justice (together, the “agencies”) announced today that they have withdrawn a joint statement regarding the implications of a creditor’s consideration of an individual’s immigration status under the Equal Credit Opportunity Act (ECOA).
Pluto Launches an AI-Powered Lending Platform to Unlock Liquidity in Private Markets, Backed By Leading Credit Investors
- 3 weeks 15 hours ago
- Lending
Pluto Financial Technologies, Inc. has launched the first AI-powered lending platform purpose built for private markets, backed by Motive Ventures, Portage, Apollo Global Management , Hamilton Lane, Tectonic Ventures, and Broadhaven Ventures. Pluto has raised $8.6 million in equity and secured hundreds of millions in lending capacity.
Creditspring Surpasses 1.7 Million Loans And £715 Million in Lending After Record 2025
- 1 month 1 week ago
- Lending
Creditspring, the subscription-based credit provider on a mission to improve financial stability across the UK, has closed 2025 with its strongest year to date, having provided over 1.7 million loans to members across the UK since the company’s inception in 2016, totalling more than £715 million.
Mastercard and LoanPro Announce Partnership To Modernize Lending
- 1 month 1 week ago
- Lending
Mastercard and LoanPro today announced a new strategic partnership to launch Loan on Card, a solution designed to enable lenders to deliver loans to approved consumer and small business borrowers through virtual and physical card-based experiences. Set to launch in 2026, Loan on Card will provide borrowers with instant access to funds that can be used anywhere Mastercard is accepted.
MANTL Partners With Method Financial To Modernize Loan Refinancing with Real-Time Liability Data Integrations
- 1 month 1 week ago
- Lending
MANTL, an Alkami solution team and a leading provider of loan and deposit account opening technology, today announced a strategic partnership with Method Financial (Method), a provider of consumer permissioned financial connectivity.
Finastra’s User Connect 2025 Highlights Modern Lending Innovation
- 1 month 1 week ago
- Lending
Finastra’s User Connect 2025 conference, hosted in Denver and Orlando, brought together Finastra team members, industry leaders, and customers to explore the future of retail lending through the lens of automation, collaboration, and customer-centric innovation. The event series emphasized strategic insights into how financial institutions can leverage lending technology, such as LaserPro and Mortgagebot, to meet evolving market demands and... more
Equifax Offers Comprehensive Suite of Solutions to Help Lenders Navigate Motor Finance Redress
- 1 month 1 week ago
- Lending
Equifax UK is offering a comprehensive suite of motor finance redress solutions that will provide motor finance lenders with the key data and tools to efficiently manage the Financial Conduct Authority’s (FCA) proposed motor finance redress scheme. With up to 14 million finance agreements potentially eligible for compensation and a possible 17-year look-back period requiring data that firms may no longer hold, lenders are under pressure to... more
