Search Results for: loan applications

Banking Featured Fintech Fintech Primers Fintech Radar

Top 10 Fintech Applications Specifically Built For Smart Banking

Pooja Choudhary
by Pooja Choudhary0
Banking is necessary, but banks are not and why do banks have branches if money doesn’t grow on trees? Smart banking indeed is the need of today’s lifestyle and work culture. In this piece, we’re going to give you a brief synopsis of the top 10 fintech applications that went......
Point Predictive's IncomePass Helps SoFi Expedite Personal and Student Loan Offers
Artificial Intelligence News

Point Predictive’s IncomePass Helps SoFi Expedite Personal and Student Loan Offers

PR Newswire
by PR Newswire0
Point Predictive, the San Diego-based company providing artificial intelligence (AI) risk solutions to lenders and credit providers, announced its partnership with SoFi. SoFi, a member-centric, one-stop shop for digital financial services on a mission to help people achieve financial independence to realize their ambitions, has implemented Point Predictive’s IncomePass solution, which......
Small Business Bank Loan Approvals Dropped Dramatically in March Biz2Credit Study
Banking Lending News

Small Business Bank Loan Approvals Dropped Dramatically in March: Biz2Credit Study

GlobeNewswire
by GlobeNewswire0
Biz2Credit Small Business Lending Index finds funding requests at banks declined after Silicon Valley Bank’s collapse; borrowers had more success with non-bank lenders. Small business loan approval percentages at big banks slipped again, falling from 14.2% in February to 13.8% in March, according to the latest Biz2Credit Small Business Lending Index™ released today. This marks is the......
BMO and 1871 Open WMNfintech Applications to Support Progress of Women-Led Startups
Fintech News

BMO and 1871 Open WMNfintech Applications to Support Progress of Women-Led Startups

PR Newswire
by PR Newswire0
WMNfintech is North America’s largest nonprofit fintech accelerator for women-founded and women-led startups, developed by BMO and 1871 BMO and 1871 announced a call for applications for its annual WMNfintech program, the largest nonprofit fintech industry accelerator for women-founded and women-led startups in North America. The program, designed to support the financial progress of women in......
Biz2Credit Small Business Lending Index Reports a Decrease in Loan Approval Rates at Banks and Credit Unions in February 2023
Lending News

Biz2Credit Small Business Lending Index Reports a Decrease in Loan Approval Rates at Banks and Credit Unions in February 2023

GlobeNewswire
by GlobeNewswire0
Business loan approval rates rose at Institutional Investors and Alternative Lenders Small business loan approval percentages at big banks slipped again, falling from 14.4% in January to 14.2% in February 2023, according to the latest Biz2Credit Small Business Lending Index released today. This marks the ninth consecutive month in which big bank approval percentages have declined. Meanwhile,......
B2B Business Digital News

Biz2Credit Sees Growth In Business Loan Approval Rates At Non-Bank Lenders

Fintech Staff Writer
by Fintech Staff Writer0
Small business loan approval rates at credit unions continue to drop. In January, credit unions approved 20.1% of loan requests, down one-tenth of a percentage from December. Small business loan approval percentages at big banks slipped again, falling from 14.5% in December to 14.4% in January 2023, according to the......
OppFi’s Lending Platform OppLoans Launches Same-Day Funding Service
Fintech Funding Lending News

OppFi’s Lending Platform OppLoans Launches Same-Day Funding Service

Fintech News Desk
by Fintech News Desk0
OppFi surpasses 1 million unique customer milestone in its history and expands social impact relationships to support customers with additional financial resources and education OppFi Inc. a mission-driven fintech platform that helps everyday Americans gain access to credit with digital specialty finance products, announced the launch of a same-day funding service......
applications of AI in banking
Artificial Intelligence Banking Featured

10 Best Applications Of AI In Banking

Pooja Choudhary
by Pooja Choudhary0
No industry or domain has been unleft by the disruptions of Artificial intelligence, so how can we skip one of the most important domain of the economy which is banking and finance? AI in banking applications turned the sector into a customer-centric tech innovator. AI systems are helping banks significantly......
Lumos Technologies Releases Lumos Prime+ Score for Small Business Loans Exclusively Through Lenders Cooperative
Lending News

Lumos Technologies Releases Lumos Prime+ Score for Small Business Loans Exclusively Through Lenders Cooperative

Fintech News Desk
by Fintech News Desk0
Lumos Technologies and Lenders Cooperative offers Lumos Prime+, an expected loss small business scoring model through Lenders Cooperative’s loan origination system, as a packaged solution that allows financial institutions to focus on small dollar small business lending efficiently and effectively. The partnership between Lumos and Lenders Cooperative will help ease......
Best Features In A Personal Loan App_1
Analytics Banking Featured Fintech Primers

Best Features In A Personal Loan App

Pooja Choudhary
by Pooja Choudhary0
What Is a Mobile App for Loan Lending? One can borrow money from a bank at an interest rate with the aid of the loan lending mobile app after analyzing numerous possibilities to determine which is most suitable and the one that can lend you money for a specified duration.......
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