Category : Banking

Banking Business Fintech News

More than 3.4M Homeowners — 6.4% of All Mortgages — Now in COVID-19-Related Forbearance Plans According to Black Knight’s McDash Flash Data Set

Fintech News Desk
by Fintech News Desk0
The McDash Flash suite from Black Knight leverages daily, loan-level data to provide market participants with the most current view of the forbearance and mortgage performance landscape In light of the significant impacts the COVID-19 pandemic is having on the U.S. mortgage market, Black Knight,  has been tracking loan-level forbearance data on......
Banking Fintech News

Lenders Use LoanPro to Implement WFH Strategy

Fintech News Desk
by Fintech News Desk0
Banks, lenders, and loan servicing companies alike turn to LoanPro to seamlessly transition their servicing teams to work from home. Rhett Roberts, CEO at LoanPro , said “LoanPro has enabled both our lenders and loan servicing partners to successfully transition their teams to work from home environments with low to......
Banking Fintech News

Comerica Bank Accepting Paycheck Protection Program Loan Applications on Comerica.com and Ensuring Customers Receive Full Economic Impact Payments Regardless of Account Status

Fintech News Desk
by Fintech News Desk0
Comerica Bank announced that it is continuing to accept loan applications for the Small Business Administration’s Paycheck Protection Program in expectation of additional funds being approved by Congress. Additionally, Comerica is ensuring that all Economic Impact Payments (EIP)-eligible customers receive their full stimulus payment regardless of their account status. Read......
Banking Business Fintech News

NYMBUS SmartLenders™ Continues Accepting Paycheck Protection Program Loan Applications from New and Non-Bank Small Businesses

Fintech News Desk
by Fintech News Desk0
NYMBUS continues to help financial institutions and small businesses respond to the impact of COVID-19 through its SmartLenders Program that provides the fastest processing of Small Business Administration (SBA) Paycheck Protection Program (PPP) guaranteed loans. With Congress ready to make an additional $310 billion in PPP loan funds available, the urgency has never......
Banking Fintech News

Barclays Launches CLBIL Scheme to Support Large Corporate Banking Clients Impacted by Coronavirus (Covid-19) in the UK

Fintech News Desk
by Fintech News Desk0
Barclays is extending its support to businesses not covered by the Coronavirus Business Interruption Loan scheme, and not eligible for support under the COVID-19 Corporate Finance Facility, through the launch of the Coronavirus Large Business Interruption Loan scheme. Backed by a UK Government guarantee, Barclays will provide lending of up......
Banking Fintech News

Financial Institutions Digitally Process and Approve Over $30 Billion in Paycheck Protection Program Loans Using Ncino

Fintech News Desk
by Fintech News Desk0
nCino, the worldwide leader in cloud banking, announced that financial institutions using the nCino Banking System have been able to swiftly and digitally provide more than $30 billion for their eligible small business clients through the Small Business Association’s Paycheck Protection Program (PPP). Read More: Finhabits Launches Microlearning Journeys to Help Diverse......
Banking Business Fintech Interviews

GlobalFinTechSeries Interview with Michael Cutlip, President & CEO at Authoriti

Paroma Sen
by Paroma Sen0
Mike Cutlip is the Chief Executive Officer of The Authoriti Network, Inc., founded in 2017 to eliminate fraud and data privacy risks by letting customers easily and securely authorize any transaction.  Cutlip has more than 30 years of experience across a range of roles in the financial services industry, the......
Banking Fintech News

Artis Launches White-Label Lending Solution for Financial Institutions to Drive More Business to SMBs

Fintech News Desk
by Fintech News Desk0
Artis Connect enables banks, credit unions to provide a branded, point-of-need consumer lending solution helping businesses drive sales and stimulate the economy Artis Technologies provides embedded financial services platforms for digital, point-of-need lending and payments. Today the company introduced Artis Connect, a cloud-based, white-label lending solution for banks and credit......
Banking Investment Services Mobile Banking News

Citizens Bank Of Edmond And MX Launch SBA Loan Application Portal For Small Businesses

Fintech News Desk
by Fintech News Desk0
New portal makes it easier than ever for small business customers to apply and get approved for Payment Protection Program loans Citizens Bank of Edmond and MX today announced the launch of a new Small Business Administration (SBA) Paycheck Protection Program (PPP) loan portal for the bank’s small business customers. The new application portal......
Banking News Risk Management

Atlantic Union Bank Accelerates SBA PPP Loan Application Submission Process with Newgen Software

Fintech News Desk
by Fintech News Desk0
Loan Application Submission into the SBA’s E-Tran in as little as a Minute Newgen Software Inc., a global provider of low code digital automation platform, announced that the Virginia-based Atlantic Union Bank has utilized the E-Tran integration capability of its lending software for the SBA Paycheck Protection Program (PPP) to speed......
1