Category : Lending

Best Egg Appoints Charles Do as New Chief Consumer Lending Officer
Lending News

Best Egg Appoints Charles Do as New Chief Consumer Lending Officer

PR Newswire
by PR Newswire0
Veteran Financial Services Leader to Head Consumer Lending Initiatives and Join the Executive Committee Best Egg, a leading fintech that drives financial confidence, announced the appointment of Charles Do as its Chief Consumer Lending Officer. A recognized leader with almost two decades of financial services experience, Do will oversee Best Egg’s consumer lending......
Umpqua Bank Names Nicole Bascomb-Green Head of Community Lending
Lending News

Umpqua Bank Names Nicole Bascomb-Green Head of Community Lending

PR Newswire
by PR Newswire0
Hire advances Umpqua’s commitment to provide financial products and services that address affordable housing and access challenges in its communities Umpqua Bank, a subsidiary of Columbia Banking System Inc., announced the appointment of Nicole Bascomb-Green as Head of Community Lending. In this role, Bascomb-Green is responsible for the management of the community lending team,......
Business Loan Approvals at Big Banks and Credit Unions Continued to Slide in August
Lending News

Business Loan Approvals at Big Banks and Credit Unions Continued to Slide in August

GlobeNewswire
by GlobeNewswire0
Big bank lending to small businesses has stalled for over a year, while credit unions return to an all-time low. Loan approval percentages rose at regional and community banks and non-bank lenders. Small business loan approval percentages at big banks ($10 billion+ in assets) fell from 13.3% in July to 13.2% in August, according to the......
SoFi Selects Asurity Technologies' RiskExec SaaS Platform For Community Reinvestment Act Data Management and Analysis
Compliance management Lending Mortgage News

SoFi Selects Asurity Technologies’ RiskExec SaaS Platform For Community Reinvestment Act Data Management and Analysis

PR Newswire
by PR Newswire0
RiskExec, Inc. a subsidiary of Asurity Technologies, LLC, announced that SoFi – the digital personal finance company – will rely on RiskExec’s software for compliance and reporting purposes. RiskExec is a leading SaaS compliance and reporting platform designed for managing regulatory compliance for banks, mortgage lenders, credit unions, auto lenders,......
Keybank Provides $10 Million Line of Credit to Cinnaire Lending for Community Development
Banking Lending News

Keybank Provides $10 Million Line of Credit to Cinnaire Lending for Community Development

PR Newswire
by PR Newswire0
Cinnaire Lending Corporation, a certified Community Development Financial Institution (CDFI) has been awarded a $10 million loan from KeyBank‘s CDFI Lending & Investment Group. The loan will support Cinnaire’s lending pool, which works with mission-driven investors to create out-of-the-box lending products to finance affordable housing, education, healthcare, community facilities and economic......
Broadridge Launches New Financial Advisor Productivity Integrations for Salesforce Financial Services Cloud Customers
Lending News

Broadridge Launches New Financial Advisor Productivity Integrations for Salesforce Financial Services Cloud Customers

PR Newswire
by PR Newswire0
Broadridge’s books and records data consolidation, securities lending and financial advisor marketing systems will help Salesforce customers streamline workflows and enhance advisor productivity Broadridge Financial Solutions announces a collaboration with Salesforce to help wealth management firms scale their businesses, accelerate digital transformation, reduce cost, mitigate risk and increase advisor productivity. Through......
Nearly 30 Percent of Americans Prioritize Buying the Latest Tech, Like iPhone 15, Over Paying Bills
Lending News Technology

Nearly 30 Percent of Americans Prioritize Buying the Latest Technology, Like iPhone 15, Over Paying Bills

PR Newswire
by PR Newswire0
Ahead of the release of the latest iPhone, LendingTree found that Americans prioritize the latest technology over paying essential bills LendingTree, the nation’s leading online financial services marketplace, released its survey exploring how technology is impacting consumers’ finances. Ahead of Apple’s event unveiling the new iPhone 15, the study found that 77%......
Citi Selects Foro Holdings, to Scale Its Bridge built by Citi Platform via Strategic Investment and Sale
Investment Services Lending News

Citi Selects Foro Holdings, to Scale Its Bridge built by Citi Platform via Strategic Investment and Sale

Business Wire
by Business Wire0
Bridge built by Citi, a digital platform that connects small and medium- sized businesses to a diverse group of lenders for business loans is acquired by Foro Holdings, Inc., a commercial lending services provider. Citi joins Foro Holdings, Inc. investors, including TTV Capital, US Bank and Correlation Ventures, in providing......
Senseonics Holdings, Inc. Enters Into $50 Million Loan Facility With Hercules Capital
Lending News

Senseonics Holdings, Enters Into $50 Million Loan Facility With Hercules Capital

Business Wire
by Business Wire0
Senseonics Holdings,  a medical technology company focused on the development and manufacturing of long-term, implantable continuous glucose monitoring (CGM) systems for people with diabetes, today announced that it has entered into a $50 million loan facility with Hercules Capital, The company also announced it drew down $25 million upon the......
Neofin Launches No-Code Lending Automation SAAS in the US
Lending News

Neofin Launches No-Code Lending Automation SAAS in the US

PR Newswire
by PR Newswire0
Neofin, the no-code lending automation platform, launched its first US project, entering the market to power the transformative and sustainable consumer lending products. Neofin’s first live project in the US is Stately Credit – an inclusive lender that aims to provide a stress-free alternative to traditional lending options. Through its......
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