Category : Lending

Mississippi-Based Bank Chooses Teslar Software to Streamline Lending Process
Lending News

Mississippi-Based Bank Chooses Teslar Software to Streamline Lending Process

Fintech News Desk
by Fintech News Desk0
Magnolia State Bank partners with fintech to increase operational efficiencies and empower lenders Magnolia State Bank and Teslar Software announced their partnership to help manage exceptions volume and enhance the lending process. The $420 million-asset community bank will leverage Teslar’s sophisticated exceptions tracking tools to save time and boost efficiencies. “In a world full......
CampusDoor Announces Innovations in Private Student Lending
Lending Mortgage News

CampusDoor Announces Innovations in Private Student Lending

GlobeNewswire
by GlobeNewswire0
New Solutions Empower Banks, Credit Unions, Schools and Employers to Compete and Grow in a Changing Market CampusDoor, one of the nation’s largest private student loan origination platforms, announced that it has been accelerating new solutions into the marketplace to help clients compete in an inflationary market. “We are thrilled to......
Point Hope’s New Distressed Credit Fund To Acquire Asian Consumer Non-Performing Loans
Fintech Lending News

Point Hope’s New Distressed Credit Fund To Acquire Asian Consumer Non-Performing Loans

Business Wire
by Business Wire0
Point Hope Pte Ltd, a Singapore-based fund manager, has partnered with Longan Group Pte Ltd, the leading investor and debt servicer in Southeast Asia, to launch a funding platform that will acquire, service and restructure consumer NPL portfolios in emerging markets across Asia. The Singapore-domiciled fund, called Annexe Fund VCC......
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......
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