Search Results for: mortgage loan
Ocrolus Introduces Cross Source Validation to Automate Corroboration of Borrower Information Accuracy
Ocrolus, the leading human-in-the-loop infrastructure company that transforms documents into actionable data, introduced Cross Source Validation (XSV), a core functionality upgrade to its’ fintech infrastructure. XSV automatically compares data extracted from multiple documents or data sources to verify that borrower provided information is logical and correct. Read More: Introducing Varo......
Roostify Partners with Google Cloud to Deliver Enhanced Lending Document AI Capabilities
—The companies will integrate Google Cloud’s Lending DocAI solution with Roostify’s leading digital lending platform to transform the mortgage industry— Today, Roostify announced a strategic partnership with Google Cloud to apply Google Cloud artificial intelligence (AI) and machine learning (ML) capabilities to help lenders process mortgage applications faster and more effectively. Under......
QuestSoft Updates Fair Lending RELIEF to Include Analysis of Consumer Lending
New features add depth to an already powerful tool QuestSoft’s latest enhancement to Fair Lending RELIEF is a new module that allows lenders to analyze non-HMDA consumer lending activity. Read More: Qgiv Named Fundraising Technology Leader with the Best Results for the Second Consecutive Year by G2 Fall Report The......
Identity Fraud Practices Used by North American Banks Risk Falling Behind in Digital Era
FICO, a global analytics leader, released a Customer Identity Management Survey which found that many banks across the U.S. and Canada are failing to meet their customers’ online identity fraud and digital banking needs. Read More: GlobalFintechSeries Interview with Piers Ridyard, CEO of Radix Despite COVID-19 quickly turning online banking into an essential......
FormFree Receives U.S. Patent for Ground-Breaking Approach to Credit Decisioning
Patent strengthens FormFree’s position as an innovator in credit decisioning, challenges conventional credit scoring  FormFree has been granted Patent Number 10,769,723 for its proprietary ‘Systems and Methods for Electronic Account Certification and Enhanced Credit Reporting’ by the United States Patent and Trademark Office. The patent is expected to cover FormFree’s......
DIMONT and Proventure Partner To Deliver A Comprehensive Investor Claims Solution
DIMONT, the largest provider of specialty insurance and loan administration services to the residential mortgage and auto finance industries, today announced an alliance with Proventure Consulting, to deliver a comprehensive technology-enabled investor claims solution to the mortgage industry. Read More: FlowBank Selects Temenos SaaS to Rapidly Launch Swiss Digital Bank......
What’s Big in Fintech for Banking and Finance (BFSI) Companies?
New innovations in finance technology have led to a complete shift in how the BFSI sector functions today The Coronavirus pandemic has only accelerated the pace at which companies are now being forced to make their digital transformation investments. Data science, big data analytics, cloud, security, artificial intelligence (AI)/ machine......
Nexsys Technologies and Farmers Insurance® Join to Digitize the Verification of Homeowners Insurance
Clear HOI platform streamlines and automates verification for insurers and mortgage lenders, enabling greater ease of doing business Nexsys Technologies, a FinTech company and subsidiary of Rocket Companies (NYSE: RKT) providing a suite of essential tech solutions for mortgage origination and closing, has begun working with Farmers Insurance® to digitize the verification of......
INLOCK Introduces Savings Account product
It is difficult today to find a market analyst who would not expect a return of near-zero yield prospects for traditional bank savings in the long run. Adding to the growing outlook for inflation, and the continuous undervaluation of the currencies of more economically vulnerable regions, INLOCK’s offer is particularly noteworthy. Read......