Search Results for: loan applications

Decimal Technologies Partners With AU Small Finance Bank To Build a Video Banking Solution
Banking Fintech News

Decimal Technologies Partners with Ujjivan Small Finance Bank to Digitise Loan Origination with Saarathi

Fintech News Desk
by Fintech News Desk0
Decimal’s first banking partnership for Saarathi expedited loan sourcing and processing for Ujjivan Small Finance Bank during restrictive lockdowns Decimal Technologies, one of India’s leading fintech firms and Ujjivan Small Finance Bank (USFB) Limited, a leading mass market bank entered into a partnership through which Ujjivan SFB and its channel......
Experian Included in Now Tech Loan Origination Solutions
Banking Investments News Risk Management

Experian Included in Now Tech Loan Origination Solutions

Fintech News Desk
by Fintech News Desk0
Market overview provides recommendations when seeking loan origination providers Loan origination solutions help to make loan applications faster and easier for borrowers and loan officers. Innovative solutions are less costly for lenders and provide more accurate and efficient customer decisioning. With a diverse set of vendors to choose from, it......
Biz2Credit Small Business Lending Index  Finds Loan Approval Rates Rose at Banks and at Institutional and Alternative Lenders in July
Banking News

Biz2Credit Small Business Lending Index  Finds Loan Approval Rates Rose at Banks and at Institutional and Alternative Lenders in July

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) jumped from 13.6% in June 2021 to 13.8% in July, the same percentage as a year ago. Meanwhile, small banks’ approvals also rose from 18.9% in June to 19.1% in July, according to the latest Biz2Credit Small Business Lending Index released today. The approval percentage at small banks is......
LoanPro Secures $100 Million Series A Investment from FTV Capital
Banking Fintech News

LoanPro Secures $100 Million Series A Investment from FTV Capital

Fintech News Desk
by Fintech News Desk0
LoanPro, a leading SaaS-based loan management, servicing and collections platform for alternative, fintech and traditional lenders, announced it has raised a $100 million growth equity investment from FTV Capital, a sector-focused growth equity investor in innovative enterprise technology and services, financial services, and payments and transaction processing companies. Through this capital......
Lendesk Launches Innovative Tool Enabling Mortgage Brokers to Submit Applications Directly to Lenders and Win Tesla Model 3
Fintech News

Lendesk Launches Innovative Tool Enabling Mortgage Brokers to Submit Applications Directly to Lenders and Win Tesla Model 3

Fintech News Desk
by Fintech News Desk0
Brokers who try Lender Connect to be given an entry to win a Tesla Model 3 each time they submit an application using the new tool Lendesk Technologies, the premier FinTech provider for Canada’s mortgage professionals, and a part of Rocket Companies, announced the launch of Lender Connect – the culmination......
CoreVest Partners with SS&C for Automated Loan Servicing and Accounting
Banking News

CoreVest Partners with SS&C for Automated Loan Servicing and Accounting

Fintech News Desk
by Fintech News Desk0
Leading lender to residential real estate investors future-proofs commercial real estate lending operations with Precision LM SS&C Technologies Holdings, Inc. announced that CoreVest, a Redwood Trust Company, will implement Precision LM™ loan management software to improve automation and operational efficiency, streamline data access and reporting, and reduce risk. CoreVest selected Precision......
Lufax Retail Credit Platform Ping An Puhui Launches AI-Powered Smart Loan Solution
Artificial Intelligence Fintech News

Lufax Retail Credit Platform Ping An Puhui Launches AI-Powered Smart Loan Solution

Fintech News Desk
by Fintech News Desk0
“Xingyun” to Streamline Loan Applications for Small and Micro Enterprises Lufax Holding Ltd, a leading technology-empowered personal financial services platform in China, announced that its retail credit facilitation platform subsidiary, Ping An Puhui (“Puhui”), has launched a smart loan solution powered by artificial intelligence (AI). Named “Xingyun”, it leverages AI......
Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders
Banking Business Finance News

Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index™ Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) climbed slightly from 13.4% in April to 13.5% in May 2021, according to the latest Biz2Credit Small Business Lending Index™ released today. However, small banks’ approvals jumped higher from 18.2% in April, to 18.7% in May. “Loan approvals by small banks rose 0.3% as banks start to assess the......
FinTech Automation Named to WealthTech 100 List
Banking Business News

Oxford Bank Provided over $342 Million in PPP Loans for 1,354 Local Businesses Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
Nearly 20,000 Local Jobs Saved Oxford Bank announced today that it has processed 1,951 loans totaling $342,203,867 under the Small Business Administration’s Paycheck Protection Program (PPP) to help local small businesses support payroll and related costs, saving approximately 20,000 jobs within Southeastern Michigan. The average loan size was approximately $175,400. The PPP, which was......
Womply Partners with Harvest Small Business Finance
Commerce Fintech News

Womply Partners with Harvest Small Business Finance to Help Underserved Businesses and Workers Access Forgivable Loans Using PPP Fast Lane

Fintech News Desk
by Fintech News Desk0
Womply, the local commerce platform that provides apps, APIs, marketing, and financial tools to make local commerce happen, announced a new partnership with Harvest Small Business Finance to help more of America’s struggling small businesses, gig workers, independent contractors, and self-employed people access vital Paycheck Protection Program (PPP) funding with......
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