Category : Lending

Abrigo Integrates with RouteOne
Lending News

Abrigo Integrates with RouteOne

Fintech News Desk
by Fintech News Desk0
Abrigo, the leader of compliance, credit risk, and lending solutions for financial institutions, announced its integration with RouteOne, a leader in the indirect auto financing space. The integration will ensure community financial institutions can create a streamlined and efficient buying experience for their customers at an auto dealership. RouteOne’s indirect......
LexisNexis Risk Solutions Study Finds Larger Banks and Fintechs Hit Hardest by Small and Midsize Business Lending Fraud Losses
Lending News Risk Management

LexisNexis Risk Solutions Study Finds Larger Banks and Fintechs Hit Hardest by Small and Midsize Business Lending Fraud Losses

Fintech News Desk
by Fintech News Desk0
Small to Mid-Sized Business Lending Fraud Increased 6.9% Since 2020, with More Than One-Third of Growth Attributed to the Pandemic LexisNexis Risk Solutions released its latest Small and Midsize Business (SMB) Lending Fraud Study. The survey of risk and fraud executives at financial institutions reveals that SMB lending fraud in......
Skyline National Bank Launches Teslar Software’s Advanced Platform
Banking Lending News

Skyline National Bank Launches Teslar Software’s Advanced Platform

Fintech News Desk
by Fintech News Desk0
Bank leverages technology to enhance efficiencies across commercial lending and grow with ease Teslar Software, provider of portfolio management tools that aggregate and automate lending and deposit operations for community financial institutions, announced that Skyline National Bank is leveraging its platform to amplify commercial lending productivity and strengthen communication across departments.......
Open Lending Announces Extension Of Agreement With AmTrust
Lending News

Open Lending Announces Extension Of Agreement With AmTrust

Fintech News Desk
by Fintech News Desk0
Open Lending Corporation (“Open Lending”), a leading provider of lending enablement and risk analytics solutions to financial institutions, announced a five-year extension of its Producer Agreement with AmTrust North America, Inc. The agreement was previously set to expire on December 31, 2023 and has now been extended through December 31,......
Climate First Bank’s Regeneration Checking Account Now Available
Lending News

Climate First Bank’s Regeneration Checking Account Now Available

Fintech News Desk
by Fintech News Desk0
For every qualified* branded checking account opened, the bank will donate funds to Project Regeneration’s planet-saving initiatives Climate First Bank, a FDIC-insured commercial bank with a global mission to halt and reverse the climate crisis, announces its Regeneration checking account is now available for depositors. Latest Fintech Insights: InstaMortgage Adopts Finicity’s Mortgage......
Biz2Credit Small Business Lending Index for January 2022 Finds That Loan Approval Rates Increased for Every Category of Lender
Lending News

Biz2Credit Small Business Lending Index for January 2022 Finds That Loan Approval Rates Increased for Every Category of Lender

Fintech News Desk
by Fintech News Desk0
Approval Percentages at Big Banks, Small Banks, Institutional Lenders, Alternative Lenders and Credit Union Still Are Roughly Half of What They Were in January 2020 Small business loan approval percentages at big banks ($10+ in assets) increased from 14.3% in December to 14.5% in January, and small banks’ approvals also rose from 20.1% in December to 20.3% in......
Kuber Surpasses $100 Million In Assets Under Management
Digital Asset Management Lending Mortgage News

Kuber Surpasses $100 Million In Assets Under Management

Fintech News Desk
by Fintech News Desk0
Kuber, one of Canada’s fastest growing private alternative mortgage lenders, emphasizes that each and every mortgage was originated and underwritten by its seasoned management team, underscoring Kuber’s core value in lending on high quality mortgages. Kuber’s commitment to growth, while simultaneously maintaining stringent lending practices, have allowed for consistent and remarkable returns for......
iQ Credit Union Announces New Oregon Branch, Skyview Station Move, Mortgage Lending Center
Lending Mortgage News

iQ Credit Union Announces New Oregon Branch, Skyview Station Move, Mortgage Lending Center

Fintech News Desk
by Fintech News Desk0
Changes Support Credit Union’s Growing Membership in the Area iQ Credit Union (iQ), a member-owned, modern-day financial institution based in the Pacific Northwest, announced that it will open a new branch in Happy Valley, relocate the Salmon Creek Branch, and combine the business services team and mortgage center into a single......
Lument Named A Top Three Optigo Small Balance Loan Lender By Freddie Mac
Lending News

Lument Named A Top Three Optigo Small Balance Loan Lender By Freddie Mac

Fintech News Desk
by Fintech News Desk0
Lument was recently named a 2021 Top Optigo lender by Freddie Mac for its Small Balance Loan (SBL) program. Lument’s SBL team placed third on Freddie Mac’s rankings for the year with 225 closed transactions totaling $605.3 million, covering 8,000 units in 34 different states. This is the first appearance for Lument’s......
Cambridge Savings Bank Provides TransCOR Information Technologies With Custom Lending Solution
Banking Lending News

Cambridge Savings Bank Provides TransCOR Information Technologies With Custom Lending Solution

Fintech News Desk
by Fintech News Desk0
-Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Commercial Lending team provided a lending package to facilitate TransCOR Information Technologies’ business succession plan. Retiring from his post as president, TransCOR’s founder recently sold the company to long-time employee, Derek Biersteker, who assumed......
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