Category : Lending

All-in-One Digital Lending Platform Presta Raises $3.3 Million in Oversubscribed Pre-Seed Funding Round Led by Distributed Ventures
Lending News

All-in-One Digital Lending Platform Presta Raises $3.3 Million in Oversubscribed Pre-Seed Funding Round Led by Distributed Ventures

Business Wire
by Business Wire0
Funding will support platform roll out to accelerate the loan origination process for lenders and borrowers Presta, an end-to-end digital lending platform that modernizes and accelerates the loan origination process, announced its launch after raising $3.3 million in oversubscribed pre-seed fundraise. Led by Distributed Ventures with additional investment from Zeal......
Citi Brings New Lending Opportunities to Sweden with Launch of Citi Securities Lending Access
Lending News

Citi Brings New Lending Opportunities to Sweden with Launch of Citi Securities Lending Access

Business Wire
by Business Wire0
Citi Securities Services announced Nordnet AB (Nordnet), the leading pan-Nordic digital platform for savings and investments, as the first Swedish client to start lending through its innovative Citi Securities Lending Access platform. The solution will enable Nordnet to expand its already successful securities lending programme to new markets and new client segments. “We......
Crowe Expands Banking Technology with Crowe CX for Commercial Lending
Finance Lending News

Crowe Expands Banking Technology with Crowe CX for Commercial Lending

PR Newswire
by PR Newswire0
New lending solution simplifies process and strengthens relationships between borrowers and lenders Expanding on its financial services technology offerings, Crowe LLP, an accounting, consulting and technology firm in the U.S. with offices around the world, has announced Crowe CX for Commercial Lending. This lending platform was designed with customer experience (CX)......
Hellenic Bank Selects LTIMindtree as a Strategic Sourcing Partner in its Transformation Journey
Banking Lending News

Hellenic Bank Selects LTIMindtree as a Strategic Sourcing Partner in its Transformation Journey

Business Wire
by Business Wire0
LTIMindtree, a global technology consulting and digital solutions company, has announced that it has been selected as the strategic sourcing partner by Hellenic Bank, a leading financial institution in Cyprus. This engagement will enable Hellenic Bank to meet their resource capacity demands in an efficient and timely manner. “We are......
Wolters Kluwer Compliance Solutions Offers Insights on Managing Risk Appetite
Lending News

Wolters Kluwer Compliance Solutions Offers Insights on Managing Risk Appetite

Business Wire
by Business Wire0
Automation tools help lenders identify areas of portfolio risk Risk officers arguably hold a more perilous responsibility than perhaps anyone else in a commercial lending organization, as they are accountable for providing input on key risk decisions, tracking risk across multiple business lines and underwriting compliance with their institution’s risk......
CFPB Issues Determination that State Disclosure Laws on Business Lending are Consistent with the Truth in Lending Act
Lending News

CFPB Issues Determination that State Disclosure Laws on Business Lending are Consistent with the Truth in Lending Act

Fintech News Desk
by Fintech News Desk0
New York law – as well as similar laws in California, Utah, and Virginia – are not preempted by federal law The Consumer Financial Protection Bureau (CFPB) announced it has determined that state disclosure laws covering lending to businesses in California, New York, Utah, and Virginia are not preempted by......
Nomura Private Capital Launches "Nomura Alternative Income Fund"
Investment Services Lending News

Nomura Private Capital Launches “Nomura Alternative Income Fund”

PR Newswire
by PR Newswire0
Nomura Private Capital is pleased to announce the launch of its first investment product, the Nomura Alternative Income Fund (NAIFX). NPC’s inaugural fund marks a significant milestone in Nomura’s global push into private markets – a top priority for the firm. To underline its commitment further, Nomura has provided an......
Wolters Kluwer Compliance Solutions Shares Digital Lending Adoption Insights
Lending Mortgage News

Wolters Kluwer Compliance Solutions Shares Digital Lending Adoption Insights

Business Wire
by Business Wire0
Lower costs per loan, higher efficiencies rank high in selecting digital technology While the adoption of digital technologies like eNotes and eClosings has recently slowed given rising interest rates and the U.S. mortgage market’s overall deceleration, lenders continue to show considerable interest in evaluating and purchasing mortgage closing platforms that......
Greater Commercial Lending Completes $10 Million in Financing for RAW FARM
Finance Lending News

Greater Commercial Lending Completes $10 Million in Financing for RAW FARM

PR Newswire
by PR Newswire0
Government-Guaranteed Loan Will Help California Dairy Farm Continue Post-Pandemic Recovery Efforts Greater Commercial Lending (GCL), which provides government-guaranteed loans to businesses and organizations in under-served and rural communities, has completed $10 million in financing to RAW FARM LLC in Fresno, California. The loan package, guaranteed by the U.S. Department of Agriculture (USDA) through the......
11:11 Systems Announces New Case Study with Automated Financial Systems
Lending News

11:11 Systems Announces New Case Study with Automated Financial Systems

Business Wire
by Business Wire0
Modernizing its legacy systems and simplifying the company’s disaster recovery strategy led AFS to select 11:11 for secure and reliable access to its data 11:11 Systems (“11:11”), a managed infrastructure solutions provider,  announced a new case study with Automated Financial Systems (AFS). In business for over 50 years, AFS is......
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