Modulus Launches Technology to Enable Borrowing and Lending in Digital Asset Exchanges
- 1 year 4 months ago
- Lending
Today, Modulus, a US-based developer of ultra-high-performance trading and surveillance technology that powers global equities, derivatives, and digital asset exchanges, announced the launch of its crypto lending and borrowing technologies, which will be available to all clients of the company’s white label exchange solution by the end of the quarter. With this technology, exchanges will be able to offer traders an easy way to earn interest on... more
A Third of Lenders Report Increasing Numbers of Defaulted Loans Over the Last 12 Months
- 1 year 4 months ago
- Lending
A third (32%) of lenders have seen an increase in borrower defaults over the last 12 months, according to new research from AI-powered transaction analytics firm, Fuse.
Extraco Banks Partners with Teslar Software to Modernize Commercial Lending
- 1 year 4 months ago
- Lending
Extraco Banks and Teslar Software today announced their partnership to streamline the bank’s commercial lending process and more effectively balance their portfolio.
Baker Hill Announces its Latest Solution, Baker Hill NextGen® Accelerate
- 1 year 4 months ago
- Lending
Baker Hill, a leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, has launched its newest offering, Baker Hill NextGen® Accelerate, a preconfigured version of their award-winning Baker Hill NextGen® commercial loan origination system (LOS), which features robust and scalable digital capabilities designed for rapi
Capalona Unveils New Business Loan Comparison Platform
- 1 year 4 months ago
- Lending
Capalona.co.uk is excited to announce its new and improved business loan comparison service, which now includes example costs of lender products, rates, monthly loan cost, and total repayable. There’s also now a ‘more details’ expandable panel to give borrowers more product information.
Egypt Post Signs a Partnership Agreement with Qardy to Give SMEs Access to Financing
- 1 year 4 months ago
- Lending
Dr. Sherif Farouk, Egypt Post Chairman, witnessed the agreement between Egypt Post and Qardy, which enables Qardy to provide its services to Small and Medium-Sized Enterprises (SMEs) in Egypt through Egypt Post's network over 4,300 post offices across the Egypt. This partnership agreement was signed by Mr. Khaled Emam, Egypt Post Vice Chairman for Financial Inclusion, and Mr. Abdel Aziz Abdel Nabi, Qardy’s founder, in presence of all executive... more
Interest in Lending Products in SEA Has Risen by 15% Since 2020
- 1 year 4 months ago
- Lending
These are the findings of analysts from Robocash Group who have studied search requests for lending products.
Dock Launches Responsible Credit Solutions to Empower Financial Inclusion
- 1 year 4 months ago
- Lending
Dock, an innovator in payments and digital finance infrastructure across Latin America, announced the launch of Responsible Credit Solutions on its proprietary Dock One platform. These solutions enable businesses to offer an array of flexible, customizable credit and loan products to their customers in a way that encourages responsible financial decision-making.
Almost Two-thirds of UK Consumers Have Used Buy Now, Pay Later Services, Finds Kearney
- 1 year 4 months ago
- Lending
Leading global consultancy Kearney has today announced the latest findings of its European Banking Radar, which includes a survey on the use of BNPL, conducted annually in 12+ European countries since 2020.
One-fifth of Teachers Reliant on BNPL to Pay for the Weekly Shop Risking Long-term Debt as Key Worker Finances Reach Breaking Point
- 1 year 4 months ago
- Lending
One-fifth (18%) of teachers have been forced to rely on buy now, pay later (BNPL) payment options to afford their weekly shop, according to new research from responsible lender, Creditspring. More than a quarter of teachers (26%) say they wish they’d never used BNPL options, with 14% admitting they’d were unable to meet repayments and that this pushed them into debt.
Experian Launches 4D Credit to Help Lenders Better Support Small Businesses Thrive and Survive
- 1 year 4 months ago
- Lending
Experian has today announced the launch of 4D Credit - a new suite of services designed to help lenders better manage their commercial lending portfolio and provide valuable support for small businesses as they look to battle economic uncertainty.
TMEDE’s Newly-launched Microlending Platform Goes Live by Profile Software
- 1 year 5 months ago
- Lending
Profile has announced its strategic collaboration with TMEDE Microfinance Solutions, having been selected following an open tender for the provision of a modern online platform offering financing to TMEDE members.
Reward Achieves Landmark £200M Lending Milestone
- 1 year 5 months ago
- Lending
Reward Finance Group has cemented its twelfth year of continuous growth, by breaking through the £200m loan book milestone for the first time.
Embedded Lender Fluro Selects Data Intelligence Platform Bud to Supercharge its Decisioning in Lending
- 1 year 5 months ago
- Lending
Bud Financial, the AI-based data intelligence platform, has been selected by embedded consumer lender Fluro to power its lending decision-making through open banking data and transaction AI. Fluro will integrate Bud's AI capabilities in account connection, categorisation and transaction analysis, to supercharge its decisioning engine and affordability assessments, for both existing and new customers.
Froda, Lunar and Visa Launch Embedded Loan Solution for Small Businesses in Denmark
- 1 year 5 months ago
- Lending
Froda is launching its card-based embedded lending solution in Denmark together with Lunar and Visa. The launch follows a successful test period and the goal is to make it faster and cheaper for Danish small businesses to access financing and secure the necessary capital for driving growth.
