MogoPlus selects TrueLayer for Open Banking Data Access in Australia Using the Consumer Data Right
- 2 years 7 months ago
- Lending, Open Banking, Data
MogoPlus has chosen to work with TrueLayer to access open banking data in Australia using the Consumer Data Right MogoPlus is in the process of becoming an Accredited Data Recipient approved by the Australian Competition and Consumer Commission MogoPlus are experts in the analysis of banking transaction data to empower lenders to make fully informed customer decisions through descriptive and predictive data insights
PRIMIS Integrates Twenty7Tec’s APPLY Module
- 2 years 7 months ago
- Lending
PRIMIS Mortgage Network has integrated Twenty7Tec’s APPLY module into its exclusive back-office system, Toolbox. This will enable Toolbox users to submit applications to multiple lenders without the need to re-key data. PRIMIS members will now have access to the APPLY system, on top of Twenty7Tec’s SOURCE platform, the sophisticated search engine for mortgage, equity release, secured and bridging loan products.
Entrepreneur Lending Service CARD Advance Collaborates with Nordigen for Streamlined Client Checks
Belgian lending service CARD Advance has linked up with the world’s only free open banking platform,
GO Partners With Scienaptic AI To Revolutionize Automotive Screening For Millions
- 2 years 7 months ago
- Artificial Intelligence, Lending
Scienaptic AI, a leading global AI-powered credit decision platform provider, announced today that GO, a first-of-its-kind car subscription, has partnered with the company to provide enhanced and faster decisions to its customers. In partnering, GO looks to increase the availability of its offering using transformative technology in its screening and decisioning process.
Blend Network Secures £120M Committed Capital From a Consortium of Large Family Offices to Deploy in The UK Housing Market
- 2 years 7 months ago
- Fundraising News, Lending
Market-leading and award-winning specialist development finance lender Blend Network (“Blend”) has SECURED £120 million committed capital from a consortium of large family offices to significantly boost its lending capability and further support mid-size property developers in the UK.
Wolters Kluwer and Lightico Announce Collaboration as Demand for Digital Completion Cloud Skyrockets
- 2 years 7 months ago
- Lending, Banking, SaaS, Compliance, Insurance
Out-of-the-box integration provides Lightico customers with Wolters Kluwer eOriginal market-leading eVaulting technology, ensuring seamless and compliant auditing, securitization and transfer of Digital Originals®
Credit Score Checking on the Rise as Consumers Tackle Cost of Living Crisis
- 2 years 7 months ago
- Lending, Credit Cards
A new report by global information and insights provider TransUnion has revealed that the number of people regularly checking their credit score has increased by nearly a third (30%) since the pandemic begani.
Twenty7Tec Monthly Mortgage Report March 2022
- 2 years 7 months ago
- Lending
Twenty7Tec has released its monthly report into the state of the UK’s mortgage market.
Pinnacle Bank Makes Mortgage Lending More Efficient and Profitable With SimpleNexus
Community bank leverages Nexus Vision mortgage BI software to inform mortgage process optimization
Fast-Growing Consumers Credit Union Purchases New Headquarters Building in Lake Forest, IL
- 2 years 7 months ago
- Lending, Credit Cards
Consumers Credit Union (CCU; $3.0 billion) recently purchased a building in Lake Forest, IL to serve as the credit union’s new corporate headquarters. Located in the prestigious Conway Park office park, CCU’s new headquarters will provide the fast-growing organization with the space, infrastructure and a centralized location that will better enable its nearly 500 employees to continue to collaborate and innovate to meet the evolving financial... more
Bank-NBFC Co-lending to Drive Fintech Trends and Lending Patterns in 2022: Finway FSC
Reserve Bank of India's (RBI) 's decision to allow banks and NBFCs (including HFCs) to co-lend has created ripples within the Indian fintech sector. The move allows banks and NBFCs to leverage their respective strengths and offer better lending options to the masses. Termed the 'Co-Lending Model' (CLM), this has emerged as one of the biggest trends to watch for observes Mr.
Men Are Nearly Twice as Likely as Women to Feel Optimistic About Finances Despite Being More Reliant on Credit
- 2 years 8 months ago
- Lending
A quarter of men in the UK have never felt more optimistic about their finances compared to just 15% of women However, men are more likely to need to borrow money within the next six months Men are almost twice as likely to be rejected by mainstream lenders, putting them at increased risk of falling into a debt spiral
Knowledge Bank adds Proportunity Criteria
Proportunity, the shared equity loan provider, has partnered with Knowledge Bank to make its products available on the industry leading criteria search platform for brokers. The Knowledge Bank criteria database is the largest in the UK, and contains over 135,000 individual criteria from over 270 lenders.
2021 HMDA Data on Mortgage Lending Now Available
- 2 years 8 months ago
- Lending
The Home Mortgage Disclosure Act (HMDA) Modified Loan Application Register (LAR) data for 2021 are now available on the Federal Financial Institutions Examination Council’s HMDA Platform for approximately 4,316 HMDA filers. The published data contain loan-level information filed by financial institutions, modified to protect consumer privacy.
Veteran banker Atal Agarwal joins LenDenClub as Head - Initiative & New Strategies
- 2 years 8 months ago
- Lending
Company preps up with key strategies and leadership hiring ahead of new growth phase
