Temenos Launches AI-powered Digital Mortgages for Fast Responsible Lending
- 1 year 6 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 6 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 6 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 6 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 6 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 6 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 6 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 6 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
- 1 year 6 months 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
- 1 year 6 months 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.
Younited Partners with Tink to Offer Instant Lending Across Europe
- 1 year 7 months ago
- Lending
Younited, a leading European instant credit provider, has joined forces with Tink, Europe’s leading open banking platform, for accurate affordability assessments. This partnership enables Younited to deploy instant credit to more consumers and businesses in Europe.
New Lenders Meet Growing Demand for Consumer Loans in 2022 as More Users to Adopt Digital Platforms
- 1 year 7 months ago
- Lending
Research from Freedom Finance, one of the UK’s leading digital borrowing marketplaces, reveals the leading challengers and neobanks added over £1.5bn of capacity to the UK’s unsecured personal loan market in 2022.
BNPL 2.0: Uptake in POS Finance is Rising - But Can Credit Providers Meet New Expectations?
- 1 year 7 months ago
- Lending
DivideBuy, the leading UK LendTech point of sale (POS) finance pioneer, has today released the results of a new consumer insights survey, showing that 38% of UK consumers will make more use of interest free credit options to manage their finances in the next 12 months.
HeavyFinance Launches Green Loans to Generate Carbon Credits in European Agricultural Land
- 1 year 7 months ago
- Lending
HeavyFinance, a European climate tech investment marketplace for the agricultural industry, has launched Green Loans to tap into a rapidly growing carbon credit market.
Knoma Partners with Fuse to Automate Credit Decisioning - Unlocking Accessible Education for Millions Across the UK
- 1 year 7 months ago
- Lending
Education lender, Knoma, has selected Fuse by Pave as its Open Banking partner, to enable it to improve decision-making on applications from borrowers seeking education finance.
