Search Results for: Credit Union

Zest AI Integrating AI-Automated Credit Underwriting into Sync1 Systems' Lending Services
Lending News

Zest AI Integrating AI-Automated Credit Underwriting into Sync1 Systems’ Lending Services

PR Newswire
by PR Newswire0
Lenders using Sync1 Systems’ LOS can now take advantage of Zest AI’s accurate, efficient underwriting technology With this new partnership, Sync1 Systems, an industry leading cloud-based Loan Origination System, will integrate AI-automated credit underwriting into their LOS through Zest AI‘s technology. The integration will provide credit unions partnered with Sync1 Systems with......
Cantaloupe Notes Rapid Growth of EMV-Enabled Vending Credit/Debit Card Payments
Digital Payments News

Cantaloupe Notes Rapid Growth of EMV-Enabled Vending Credit/Debit Card Payments

Business Wire
by Business Wire0
EMV Security Standard Makes It Easier for Customers to Tap and Pay Cantaloupe, Inc., a digital payments and software services company that provides end-to-end technology solutions to power self-service commerce, reports a significant increase in the amount of EMV transactions at food and beverage vending machines in 2022. This growth,......
Blend Announces Availability of Soft Credit Functionality
Banking Mortgage News

Blend Announces Availability of Soft Credit Functionality

Business Wire
by Business Wire0
Blend, a leading provider of cloud banking services, announced the general availability of functionality providing support for soft credit inquiries in the mortgage prequalification process. “The cost savings for lenders and increased protection for borrowers is a win-win for the mortgage industry, and we are proud to be leading the......
Union.ai Announces $19.1 Million Series a and Launches All-New Union Cloud to Simplify AI and Data Workflows for All
Machine Learning News

Union.ai Announces $19.1 Million Series a and Launches All-New Union Cloud to Simplify AI and Data Workflows for All

Business Wire
by Business Wire0
Union Cloud enables any organization to operationalize complex AI with data ownership, governance and cost efficiency Union.ai, a company that extends companies’ ability to create next-generation AI and data products at scale, announced general availability of Union Cloud for North American and European customers of AWS and GCP. Union Cloud......
Digital Payments News

FICO Data: UK Credit Card Customers Showing Signs of Financial Stress

Business Wire
by Business Wire0
Worrying trends developing amongst established credit card users as missed payments rise New analysis of UK credit card activity from FICO has revealed worrying payment patterns amongst customers who have held their cards for between one and five years, known as the Established vintage. This group is showing increased rates......
Sasol Secures Circa USD3 Billion Five-Year Term Loan and Revolving Credit Facility Agreement
Banking News

Sasol Secures Circa USD3 Billion Five-Year Term Loan and Revolving Credit Facility Agreement

PR Newswire
by PR Newswire0
Sasol has refinanced its existing banking facilities, due to mature in calendar year 2024, into a new banking facility totaling USD2 969 million. The new banking facility comprises of a USD1 987 million revolving credit facility and a USD982 million term loan facility, both with a five-year maturity, and with two extension options of one year......
SoundHound AI Secures $100 Million in Strategic Financing From Atlas Credit Partners
Artificial Intelligence News

SoundHound AI Secures $100 Million in Strategic Financing From Atlas Credit Partners

Business Wire
by Business Wire0
Agreement Fuels Company’s Plans for Sustained Rapid Growth and Innovation and Includes Ability to Upsize to $125 Million SoundHound AI, Inc., a global leader in voice artificial intelligence, announced that it closed a new $125 million loan facility, with $100 million fully-funded at closing, from Atlas Credit Partners. “We believe......
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......
Rego Payment Architectures, Inc. Gets $20 Million Credit Line
Digital Digital Payments News Technology

Rego Payment Architectures, Inc. Gets $20 Million Credit Line

Fintech Staff Writer
by Fintech Staff Writer0
One of its primary investors, Mr. James Davison, provided Rego Payment Architectures, Inc. with a $20 million line of credit (or “LOC”). The award-winning, COPPA-certified super app Mazoola® is the flagship product of REGO, a platform designed with privacy in mind. The family-focused solution provider offers a variety of fintech-for-kids......
Al Etihad Credit Bureau Accelerates Cross-Border Credit Access in Collaboration with Nova Credit
Credit Bureaus Finance News

Al Etihad Credit Bureau Accelerates Cross-Border Credit Access in Collaboration with Nova Credit

PR Newswire
by PR Newswire0
Al Etihad Credit Bureau (AECB), a company that provides information and analytics to support credit decisions, has announced a strategic collaboration with Nova Credit, the world’s leading consumer-permissioned credit bureau, to enable newcomers to leverage their home country credit history when applying for financial services upon arrival to the UAE. Staking its position......
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