Category : Lending

New Huobi Research Institute Report Cites KYC, Risk Management and Risk Pricing as Key Challenges
Lending News Risk Management

New Huobi Research Institute Report Cites KYC, Risk Management and Risk Pricing as Key Challenges

Fintech News Desk
Crypto lending has emerged as a key trend in the decentralized finance (DeFi) market, but faces headwinds relating to Know Your Customer (KYC) considerations, risk management and risk pricing. However, these challenges can be addressed by limiting loans to on-chain legal persons, stepping up risk management, and using a market-based......
PowerPay Launches Healthcare Financing For Medical Professionals
Fintech Lending News

PowerPay Launches Healthcare Financing For Medical Professionals

Fintech News Desk
PowerPay, a financial technology company that provides consumer lending for home improvements, announced the launch of the company’s newest vertical—healthcare financing. The new program will provide patient financing for cosmetic surgery, dentistry, fertility treatments, medical spa services, vision correction, and related elective procedures. PowerPay has seen tremendous growth in the......
LendKey Selects Unqork as its No-Code Platform Provider
Lending News

LendKey Selects Unqork as its No-Code Platform Provider

Fintech News Desk
Partnership to Accelerate LendKey’s Lending Solutions Technology and Provide Increased Value for Affiliate Partners and Customers LendKey, a leader in managing digital lending networks for credit unions and banks, today announced a partnership with Unqork, the leading no-code enterprise application platform. The new partnership positions LendKey to accelerate its direct......
TrustToken Bolsters Executive Suite with Addition of Wall Street and Product Veterans
DeFi Lending News

TrustToken Bolsters Executive Suite with Addition of Wall Street and Product Veterans

Fintech News Desk
New hires bring decades’ worth of tech, finance, and marketplace technology experience to TrustToken’s leadership as the company scales up its DeFi lending protocol, TrueFi TrustToken, the core team responsible for building the leading unsecured lending protocol TrueFi, as well as popular stablecoins including TrueUSD, expands its C-suite with two new......
MeridianLink Announces Agreement to Acquire StreetShares
Lending News

MeridianLink Announces Agreement to Acquire StreetShares

Fintech News Desk
Acquisition will expand small business lending capabilities MeridianLink, Inc., a leading provider of modern software platforms for financial institutions and consumer reporting agencies, announced that it has entered into an agreement to acquire StreetShares, a mission-driven financial technology company that provides digital small business lending technology to banks and credit......
First Community Bank and Trust Selects Lendsmart to Digitize and Automate its Lending and Home Buying Operations
Lending News

First Community Bank and Trust Selects Lendsmart to Digitize and Automate its Lending and Home Buying Operations

Fintech News Desk
First Community Bank and Trust, a privately owned bank, serving individuals, families and businesses in Beecher and Peotone, IL, as well as across the state, has selected Lendsmart, an AI-driven digital lending platform, to enhance its digital lending operations. “That’s why we’re dedicated to offering not only the latest in......
Eastern Bank Welcomes Work ‘N Gear As An Asset Based Lending Customer
Finance Lending News

Eastern Bank Welcomes Work ‘N Gear As An Asset Based Lending Customer

Fintech News Desk
Provides $8 Million Of Financing For Working Capital Eastern Bank is pleased to announce Work ‘N Gear as a new asset based lending customer. Founded in 2002 and headquartered in Quincy, MA, Work ‘N Gear is an American retail company that focuses on selling various kinds of work apparel, footwear and......
Sandbox Banking Announces Alliance Partnership with Upstart
Banking Lending News

Sandbox Banking Announces Alliance Partnership with Upstart

Fintech News Desk
Sandbox Banking, a BaaS infrastructure company, and Upstart, a leading artificial intelligence (AI) lending platform, announced a partnership that will enable Upstart to help its bank and credit union partners to more efficiently integrate Upstart loan and borrower data into their core and CRM systems. Sandbox Banking enables banks and......
Automated Financial Systems Announces New Container-Based Deployment of AFSVision
Lending News

Automated Financial Systems Announces New Container-Based Deployment of AFSVision

Fintech News Desk
AFS reached another milestone in the delivery of the industry-leading, digital, real-time commercial lending platform—AFSVision—by providing a new container-based deployment model orchestrated by IBM’s Red Hat OpenShift. “This is a pivotal step in our modernization program that includes implementing DevSecOps with a secure (CI/CD) pipeline. By using containerization, we are......
Allegro Clients To Benefit From Enhanced Credit Decisioning With Scienaptic AI
Lending News

Allegro Clients To Benefit From Enhanced Credit Decisioning With Scienaptic AI

Fintech News Desk
Scienaptic announces strategic partnership with Integrated Lending Technologies, the creator of Allegro™ Lending Suite, to expand credit availability for its clients Scienaptic AI, a leading global AI-powered credit decision platform provider, announced that Utah-based Integrated Lending Technologies (ILT) has partnered with Scienaptic AI and chosen its platform to boost credit decisions......
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