Natwest to Provide £1Billion in Additional Lending to UK Manufacturing to Support Net Zero Transition
- 1 year 11 months ago
- Lending
NatWest has announced that, from today, it aims to provide an additional £1billion in lending to the UK Manufacturing sector by the end of 2030, aiming to stimulate growth in the sector and help manufacturers invest in cleaner, more efficient forms of energy generation and use, with lending deployed through loans, asset finance, and overdrafts.
Tarabut Gateway Partners with Qarar to Revolutionise Credit Scoring and Lending in the Middle East
- 1 year 11 months ago
- Lending
Tarabut Gateway, MENA’s leading open banking platform, announces a strategic partnership with Qarar, the region's leading credit analytics technology provider and technology arm of SIMAH, the first and largest credit bureau in the Kingdom of Saudi Arabia.
Rapid Finance Announces Commercial Availability of Lynx Platform to Support Small Business Lending
- 1 year 11 months ago
- Lending
Rapid Enterprise, a division of Rapid Finance delivering Lending-as-a-Service (LaaS) solutions to support enterprise clients, announced today the commercial availability of its award-winning, AI-powered fraud detection platform, Lynx, allowing financial institutions to leverage their data better and gain insights to generate 360-degree views of their customers.
Unlocking Corporate Credit with AI-Powered Underwriting: NUMARQE Teams Up with Weavr for Card Services
- 1 year 11 months ago
- Lending
NUMARQE, the London-based corporate-credit provider, has partnered with Plug-and-Play Finance provider, Weavr, to streamline the power of AI and embedded finance for a digitised corporate-card experience.
LHV Bank Extends its Maximum Loan Size to UK SMEs to £5 Million
- 1 year 11 months ago
- Lending
LHV Bank, a leading provider of banking services to fintechs and SME lending solutions for UK businesses, announces the extension of its maximum loan size to £5 million, enabling further support for UK SMEs aiming to grow.
Temenos Launches AI-powered Digital Mortgages for Fast Responsible Lending
- 1 year 11 months ago
- Lending
Temenos today launched a fully-Integrated front-to-back, mortgages solution with a smart decision engine powered by Explainable AI, helping lenders to deliver a personalized digital mortgage experience while reducing their costs and time to close.
Bank Lending to Rise by £29B as Britain Dodges Recession
- 1 year 11 months ago
- Lending
Banks are expected to increase their lending this year as the UK economy swerves the predicted and the housing markets shows small signs of some revival, according to a panel of leading economists.
USDToch Unveils On-Chain Lending Ecosystem for DeFi 2.0
- 1 year 12 months ago
- Lending
USDToch provides a lending solution for DeFi 2.0. Building on the existing enhanced capital utilization enabled by over-collateralized lending, it further enhances the investment returns on the staking side. It also plans to introduce traditional assets into the DeFi lending system in the form of RWA soon.
Rapid Finance Partners With Mambu To Provide Lending-as-a-Service To Lenders Nationwide
- 1 year 12 months ago
- Lending
Rapid Enterprise, a division of Rapid Finance, a market leader in helping small businesses find sustainable and customized financing solutions through a fast and simple application process, announced today from Fintech Nexus USA that its cloud-native digital end-to-end loan origination system (LOS), Decisioneer, is now integrated with
Banks Reining in SME Lending According to Iwoca Report
- 1 year 12 months ago
- Lending
British businesses are increasingly worried about access to funding, with new data showing banks are reducing SME lending. According to figures from fintech firm Iwoca, 77 per cent of brokers said that high street banks are reducing their appetite to fund SMEs. The information was collated from more than 100 SME finance brokers who submitted over 2,500 finance applications for SMEs in March.
Lenders Unprepared for Consumer Duty with 61% Turning to External Expertise for Guidance in Rush to Meet Regulatory Responsibilities
- 1 year 12 months ago
- Lending
AI-powered transaction analytics firm, Fuse, has launched a new product, Health Signals, to help risk and compliance teams to measure financial vulnerability, predict arrears risk, and monitor the impact of financial products on their customers.
UBL, One of the Largest Banks in Pakistan, Goes Live on Temenos to Power Digital Corporate Lending
- 1 year 12 months ago
- Lending
Temenos today announced that United Bank Limited (UBL), one of the largest banks in Pakistan with 11 million customers, has gone live with Corporate Lending on Temenos digital banking platform as part of a comprehensive digital transformation of the bank’s retail, SME and corporate banking for domestic and international customers on the Temenos platform.
Lenders Cooperative Integrates Massachusetts Capital Access Program Into Lending Platform To Expand SMB Lending Opportunities
- 1 year 12 months ago
- Lending
Lenders Cooperative, a provider of lending solutions for financial institutions, today announced the unique integration of the Massachusetts Capital Access Program (CAP) into the cooperative’s loan origination system (LOS).
Small Business Bank Loan Approvals Continued to Plummet in April: Biz2Credit Study
- 2 years 19 hours ago
- Lending
Small business loan approval percentages at big banks slipped again, falling from 13.8% in March to 13.5% in April, according to the latest Biz2Credit Small Business Lending Index™ released today.
Northteq Announces New Product Upgrades to Streamline Lending Process, Eliminating Email
- 2 years 23 hours ago
- Lending
Northteq, Inc., a leading provider of Salesforce loan origination solutions, announces over 60 updates and upgrades to its comprehensive suite of loan origination products. With the latest feature updates, Northteq is taking a major step towards eliminating email from lending by streamlining the application process and creating enhanced efficiencies between lenders and their vendor partners.
