Category : Lending

Lending Enablement Solutions Drive ROA Attainment for Automotive Lenders, Open Lending Survey Finds
Lending News

Lending Enablement Solutions Drive ROA Attainment for Automotive Lenders, Open Lending Survey Finds

Business Wire
by Business Wire0
New data validates the role of automated decisioning and risk analytics in financial institutions’ performance, with 95% of Lending Enablement users meeting ROA targets Open Lending Corporation, an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, released its Lending Enablement Benchmark report. The goal of the......
FICO Launches Inclusion Accelerator Program and Financial Inclusion Lab to Help Advance Lender Financial Inclusion Initiatives
Finance Lending News

FICO Launches Inclusion Accelerator Program and Financial Inclusion Lab to Help Advance Lender Financial Inclusion Initiatives

Business Wire
by Business Wire0
Representing the next phase of FICO’s longstanding commitment to financial inclusion innovation, these programs make it easy for the market to rapidly test and adopt alternative data solutions FICO, a leading global analytics software firm, announced the launch of its Inclusion Accelerator Program and Financial Inclusion Lab to advance lender......
Origence and Zest AI Introduce Zest Auto, the AI-Automated Underwriting Technology for Credit Unions
Lending News

Origence and Zest AI Introduce Zest Auto, the AI-Automated Underwriting Technology for Credit Unions

GlobeNewswire
by GlobeNewswire0
New offering expands the companies’ partnership and commitment to bring next-generation lending technology to credit unions Origence, the nation’s leading credit union lending technology provider, and Zest AI, the leader in automating underwriting with more accurate and inclusive lending insights, have announced the launch of Zest Auto, the AI-automated underwriting model......
Lenders Cooperative Integrates Massachusetts Capital Access Program Into Lending Platform
Lending News

Lenders Cooperative Integrates Massachusetts Capital Access Program Into Lending Platform

Business Wire
by Business Wire0
Lenders Cooperative, a provider of lending solutions for financial institutions, announced the unique integration of the Massachusetts Capital Access Program (CAP) into the cooperative’s loan origination system (LOS). This integration allows lenders to have a fully turnkey process to accept and originate Mass Capital loans without the need to manage documents......
FVCbank Simplifies and Streamlines Lending for Smaller Businesses
Banking Lending News

FVCbank Simplifies and Streamlines Lending for Smaller Businesses

Business Wire
by Business Wire0
Fairfax-based FVCbank introduced the newest technology to make borrowing easy for business clients. By introducing the Lightning Lending program to its portfolio of technologically-efficient banking products, the commercial community bank continues its strategic commitment to transitioning from a traditional banking model to a more sophisticated fintech bank of the future,......
Ocrolus Adds OpenAI GPT Embeddings for Deeper Automation in Financial Document Analysis
Lending News

Ocrolus Adds OpenAI GPT Embeddings for Deeper Automation in Financial Document Analysis

PR Newswire
by PR Newswire0
Addition strengthens company’s ability to process semi-structured and unstructured documents without human involvement Ocrolus, a leader in AI-driven document automation for faster and more accurate lending decisions, announced it has integrated GPT embeddings from OpenAI into its set of technologies. The addition of OpenAI GPT embeddings strengthens Ocrolus’ ability to process......
American Financial Exchange Appoints Veteran Financial Services Executive John Shay as CEO
Finance Lending News

American Financial Exchange Appoints Veteran Financial Services Executive John Shay as CEO

PR Newswire
by PR Newswire0
The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, announced that the exchange has appointed veteran financial services executive John Shay as CEO, effective immediately. AFX recently announced that 100% of the company was acquired by 7RIDGE, a specialized growth equity firm invested......
Smart Money Capital Launches Innovative Technology to Provide the Best Customer Service and Pricing for Unsecured Personal and Business Loans
Lending News

Smart Money Capital Launches Innovative Technology to Provide the Best Customer Service and Pricing for Unsecured Personal and Business Loans

GlobeNewswire
by GlobeNewswire0
Smart Money Capital, a leading provider of unsecured personal and business loans, has officially launched its innovative technology platform. With a commitment to delivering the best customer service, cutting-edge technology, and competitive pricing, Smart Money Capital is poised to become a top player in the lending industry. Smart Money Capital......
Tavant Announces the Launch of a New Product to Its AI-powered Touchless Lending Platform
Lending News

Tavant Announces the Launch of a New Product to Its AI-powered Touchless Lending Platform

Business Wire
by Business Wire0
Advancement to Touchless Lending will feature a newly added product that automates underwriting for Asset Analysis Tavant, Silicon Valley’s leading digital lending solutions provider, announced the launch of a highly anticipated new product, Asset Analysis, to Touchless Lending, their AI-powered digital lending platform. With this addition, Touchless Lending will further......
Ares Strategic Income Fund Launches with $1.5 Billion of Investible Capital
Lending News

Ares Strategic Income Fund Launches with $1.5 Billion of Investible Capital

Business Wire
by Business Wire0
Non-Traded Business Development Company Expands Ares’ Leading Private Credit Platform Through New Offering Targeting Retail Investors Ares Management Corporation, a leading global alternative investment manager, announced the launch of Ares Strategic Income Fund, a perpetual capital, continuously offered, non-traded business development company, which seeks to primarily invest in directly originated,......
1