Search Results for: alternative lenders
TransUnion Unveils Simpler Income and Employment Verification Process
Real-time data improves lending decisions and reduces consumer burden TransUnion unveiled its new seamless and real-time service for lenders and other businesses to access verified income and employment data. Read More: SBLI Increases Coverage to $750K for All Risk Classes With Contactless Digital Underwriting Process Risk decisions often require verifying......
Equifax and Urjanet Named LendIt Fintech “Most Promising Partnership”
Innovative Global Relationship Recognized for Empowering Consumers and Businesses to Enhance their Financial Profiles With Utility, Telecom and Cable Payment History. Equifax® (NYSE: EFX) and Urjanet have received the “Most Promising Partnership” award from LendIt Fintech for empowering consumers and businesses to enrich their financial profiles with utility, telecom and cable payment history with respect to......
Finicity Wins 2020 Diversity and Inclusion Leadership Award from Mortgage Bankers Association
Recognition underlines Finicity’s efforts to improve financial inclusion and deliver new technologies and solutions to change the credit-decisioning experience Finicity, a leading provider of open banking solutions, was recognized by the Mortgage Bankers Association (MBA) as a winner of its fifth-annual Residential Diversity and Inclusion Leadership Award under the category of Market......
The Global State of Financial Technology
Like most industries, financial technology (“fintech”) has seen significant changes in response to the current state of our world. Banks, financial institutions, and mortgage lenders are rethinking business models based on customers’ needs and social distancing guidelines. Handling money and paperwork has become almost obsolete as we recognize how germs......
Finicity Launches Finicity Lend™ to Accelerate the Next-gen Credit Decisioning Experience, Advance Open Banking
Finicity’s new integrated set of credit-decisioning services to digitally transform lending with accurate, real-time and consumer-permissioned data Finicity, a leading provider of open banking solutions, today announced the rollout of Finicity Lend™ for credit-decisioning. Finicity Lend, an integrated solution set of open banking data services, provides banks, lenders and fintech developers access to tools......
Accelitas, Inc. Expands Leadership Team: Promotes Steve Krawczyk to CTO, Adds James Cook as Senior Director of Product Management
Accelitas, an innovative fintech leader in predictive analytics, identity intelligence, and payment reconciliation, announced the appointment of Steve Krawczyk as its Chief Technology Officer, and James Cook as its Senior Director of Product Management. Amid the company’s rapid growth as a financial services solution provider, Krawczyk and Cook will oversee......
Finitive Facilitates Credit Facility for Buyer of Distressed Small Business Loans
Finitive, a private credit platform providing institutional investors with direct access to alternative lending investments, announced that it has facilitated a credit facility for a specialty finance company that buys distressed small business loans and merchant cash advance (MCA) portfolios. Read More: The Influence of Mobile Apps WeChat Pay and......
MeridianLink’s LendingQB® Mortgage SaaS Browser-based LOS Announces Another Record Quarter in New Client Growth
Multiple Financial Institutions Experience Going-Live Within Two-Months MeridianLink®, developer of the financial industry’s first multi-channel loan and new account origination platform, continues to gain tremendous traction with its LendingQB® product. The LendingQB browser-based, SaaS platform empowers lenders to surpass their goals by streamlining the mortgage lending process and delivering a world-class......
CredoLab Raises USD 7 million in Series A Investment Round Led by GBG; Plans Expansion in US and Other Markets
Behavioral credit scoring solution gives businesses an alternative score for approving “thin file” customers CredoLab, a leading developer of bank-grade digital credit scorecards based on smartphone metadata, has secured US $7 million in its Series A funding round led by GBG, the global specialist in Identity Data Intelligence. The funding will enable CredoLab......