Category : Lending

TruStage Introduces First-of-its-Kind Digital Lending Insurance Product
Lending News

TruStage Introduces First-of-its-Kind Digital Lending Insurance Product

PR Newswire
by PR Newswire0
First-of-its-kind Digital Lending Insurance Product is Designed to Promote Financial Resilience for Lenders and Borrowers TruStage, a financially strong insurance, investment and technology provider, built on more than 85-years of experience providing payment protection solutions to credit unions, officially announced the availability of its newest lending solution–Payment Guard Insurance. The Payment......
Lending Mortgage News

Acra Lending Partners with Tavant, Deploys Touchless Lending Collateral Analysis

Business Wire
by Business Wire0
Joint implementation with Acra solidifies Tavant’s presence within the Non-QM space and will progress with future AUS integrations Tavant, a Silicon Valley-based provider of industry-leading digital lending solutions, and Acra Lending, the industry’s leading private mortgage lender, announced the successful integration of Acra Lending’s digital mortgage experience with Touchless Lending Collateral Analysis. This......
Wolters Kluwer Shares Expertise on Digitized Lending to Bolster Equipment Lease and Financing Processes
Lending News

Wolters Kluwer Shares Expertise on Digitized Lending to Bolster Equipment Lease and Financing Processes

Business Wire
by Business Wire0
 Digital transformation of paper processes critical for optimizing the customer experience In a space that has experienced a considerable level of digital transformation in recent years, equipment lease and financing firms continue to persist in an over-reliance on paper processes for a number of customer-related transactions. Given increasing customer demand......
Idaho Central Credit Union Selects Upstart for Personal Lending
Lending News

Idaho Central Credit Union Selects Upstart for Personal Lending

Business Wire
by Business Wire0
Idaho Central Credit Union, the fastest-growing credit union in Idaho and one of the top-performing credit unions in the country, announced its partnership with Upstart, the leading artificial intelligence (AI) lending marketplace, to provide personal loans to more people. “Idaho Central Credit Union is dedicated to helping members achieve financial......
Non-bank Lenders Are Demonstrating Resilience in the Face of a Tumultuous Economy
Lending News

Non-bank Lenders Are Demonstrating Resilience in the Face of a Tumultuous Economy

Fintech News Desk
by Fintech News Desk0
A new report from business data API provider Codat shows that business lenders are continuing to innovate and evolve their offerings despite current economic challenges. The study of 115 business lenders in the US & UK shows providers are adapting their strategies and priorities to narrow in focus on operational......
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......
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