Search Results for: financial situation

Sync1 CUSO Offers Credit Union Loan Origination System Relief Package
Fintech News

Sync1 CUSO Offers Credit Union Loan Origination System Relief Package

Fintech News Desk
by Fintech News Desk0
Sync1 Systems, a next-generation loan origination software provider, announced its “Credit Union 2020 Assistance Package,” which will waive all monthly transaction fees until 2021 for credit unions that sign up in this calendar year. “Sync1 Systems is a CUSO (Credit Union Service Organization) and we’re here to help other credit unions......
Black Knight's Feature-Rich, Product, Pricing and Eligibility Engine, CompassPPE, Is Now Integrated with the Industry-Leading Empower Loan Origination System
Fintech News

Black Knight: Covid-19 Unemployment Spike Triggering Surge in Mortgage Forbearance Requests; Principal and Interest Advances Will Lead to Servicer Liquidity Challenges

Fintech News Desk
by Fintech News Desk0
Using Great Recession mortgage performance as a point of comparison, Black Knight estimates that an unemployment rate of 15%, as projected by Goldman Sachs for Q2 2020, could result in 3.5 million new mortgage delinquencies Data & Analytics division of Black Knight, released its latest Mortgage Monitor Report, based upon the company’s industry-leading mortgage......
Crescent Capital BDC, Inc. Provides Business Continuity and Coronavirus Update
Fintech News

Crescent Capital BDC, Inc. Provides Business Continuity and Coronavirus Update

Fintech News Desk
by Fintech News Desk0
The team at Crescent Capital BDC, Inc. (“Crescent BDC” which may also be referred to as “we,” “us,” or “our” is working collectively with our employees, portfolio companies, private equity sponsors and all relevant stakeholders to navigate the challenges created by the coronavirus (COVID-19). We have placed high priority on......
IMM Launches Quick Start eSignature Program
Banking Fintech News

IMM Launches Quick Start eSignature Program

Fintech News Desk
by Fintech News Desk0
IMM, the only eSignature provider that specializes in eSignature and digital transaction solutions exclusively for financial institutions, announced the launch of a new one-year Quick Start eSign Program designed specifically for banks and credit unions that cannot currently complete and sign key documents remotely. Leveraging this new program, financial institutions......
OneConnect's Gamma Lab Wins in Knowledge and Reasoning Tasks at 14th International Workshop on Semantic Evaluation
Artificial Intelligence Fintech News

OneConnect’s Gamma Lab Wins in Knowledge and Reasoning Tasks at 14th International Workshop on Semantic Evaluation

Fintech News Desk
by Fintech News Desk0
Enables machines to better understand and extract free text, with applications for financial contract management and epidemic policy advisory OneConnect Financial Technology Co., Ltd., a leading technology-as-a-service platform for financial institutions in China, is pleased to announce that its artificial intelligence research institute, Gamma Lab, topped the rankings in two sub-tasks under ‘Common Sense Knowledge and......
Brightway Insurance Takes Proactive Steps to Mitigate Coronavirus Impact
Fintech InsurTech News

Brightway Insurance Takes Proactive Steps to Mitigate Coronavirus Impact

Fintech News Desk
by Fintech News Desk0
Company uses technology to deploy more than 900 people to work from home in a matter of four days in order to meet customers’ needs. As an insurance agency, mitigating risk is at the heart of Brightway’s business. In recent weeks, COVID-19, also known as the coronavirus, has materialized into......
Stand Together and Family Independence Initiative Partner to Provide Direct Cash Assistance to People Struggling During the COVID-19 Crisis
Fintech News

Stand Together and Family Independence Initiative Partner to Provide Direct Cash Assistance to People Struggling During the COVID-19 Crisis

Fintech News Desk
by Fintech News Desk0
Stand Together Foundation pledges $5 million to help the first 10,000 families through #GiveTogetherNow, encourages others to join Stand Together, the philanthropic community founded by Charles Koch, and Family Independence Initiative (FII) announced the launch of a rapid-response effort to get cash directly to individuals and families struggling as a result......
BlackLine Making All Premium Training, Select Software, and Expert Coaching Sessions Free to Provide Customers With Confidence in Uncertain Times
Fintech News

BlackLine Making All Premium Training, Select Software, and Expert Coaching Sessions Free to Provide Customers With Confidence in Uncertain Times

Fintech News Desk
by Fintech News Desk0
Company provides free access to entire training library, including CPE courses; also adds free live virtual training on closing in a distributed environment With the onset of the coronavirus pandemic, many accounting teams find themselves operating in a distributed fashion, with many, if not all, team members suddenly working from......
TurboTax to Help Millions of Americans Get Their Stimulus Payments With Launch of Free Stimulus Registration Product
Banking Fintech News

Corporate and Investment Banks Must Reinvent Themselves

Fintech News Desk
by Fintech News Desk0
As Competitive Pressure Intensifies and Profitability Erodes, Small and Midsize CIBs Must Overhaul Business and Operating Models in Order to Remain Viable Corporate and investment banks (CIBs), facing rising challenges that the COVID-19 crisis has made even more pressing, must fundamentally transform themselves—targeting high-value clients, shedding subscale business lines, and......
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