Search Results for: credit application

SMA Technologies and Jack Henry Collaborate to Improve Operational Efficiencies for Banks & Credit Unions
Business Finance News

SMA Technologies and Jack Henry Collaborate to Improve Operational Efficiencies for Banks & Credit Unions

PR Newswire
SMA Technologies, a leading provider of automation solutions for financial services and the maker of OpCon Workload Automation & Orchestration, announced an expansion of its relationship with Jack Henry to include banks after successfully scaling digital business transformation with OpCon for Jack Henry’s credit union clients. SMA Technologies will help banks......
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
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,......
360factors Expands into Credit Unions, Fintech, Insurance
Compliance management Fintech News

360factors Expands into Credit Unions, Fintech, Insurance

PR Newswire
360factors Inc. announced that several credit unions, fintechs, and insurance companies have recently selected Predict360 to enhance their risk and regulatory compliance management programs. 360factors’ Predict360 risk and compliance management suite of software solutions is endorsed by the American Bankers Association and has been specifically designed for banks spanning $1B to over $100B in......
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
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......
Financial Plus Credit Union Partners with MANTL to Improve Member Experience and Back-office Automation
Finance News

Financial Plus Credit Union Partners with MANTL to Improve Member Experience and Back-office Automation

Business Wire
The Michigan-based credit union will enhance its online account opening process to provide a superior member onboarding journey and allow current members to open a new account in just one click Financial Plus Credit Union, a $1.2B credit union with 11 branches across Michigan, announced a partnership with MANTL, a......
Sandbox Banking Secures $4.3 Million in Seed Funding to Streamline Integration for Banks and Credit Unions
Banking News

Sandbox Banking Secures $4.3 Million in Seed Funding to Streamline Integration for Banks and Credit Unions

Fintech News Desk
Sandbox Banking seamlessly connects core banking, loan origination and CRM systems to fintechs via its Glyue API builder Sandbox Banking, the fintech building a low-code integration platform for banking, announces its completion of a strategic investment led by Horizon Ventures, bringing the company’s total financing to $6M. Participating investors include Forum......
IREP Credit Capital Simplifies Loan Collection Journey for MSMEs with Credgenics
debt collection Digital Payments News

IREP Credit Capital Simplifies Loan Collection Journey for MSMEs with Credgenics

Fintech News Desk
Enabled 3X increase in field debt recoveries with 35% following digital payments IREP Credit Capital, a Non-Deposit taking Non-Banking Financial Company (NBFC-ND) recently partnered with Credgenics, a pioneering SaaS-based debt collections platform to drive digital solutions for its MSME customers in South India. Since the implementation of the project, IREP has witnessed......
FICO Score Open Access Program Promotes Credit Transparency by Enabling Financial Services Firms
Finance News

FICO Score Open Access Program Promotes Credit Transparency by Enabling Financial Services Firms

Fintech News Desk
Parachute, a leading start-up lender, becomes the first organization in Canada to use FICO Score 10 and take part in the FICO Score Open Access program Today, global analytics software firm, FICO announced that Parachute, a leading start-up dedicated to making financial well-being accessible for all Canadians, is the first organization......
Nova Credit and American Express Expand Partnership
Fintech News

Nova Credit and American Express Expand Partnership

Fintech News Desk
Nova Credit and American Express announced that they will expand the companies’ successful partnership to cover more immigration corridors to the U.S. Prospective Card Members that are immigrating to the U.S. from South Korea and Switzerland will now have the ability to easily share their international credit report with American Express when......
B2B Business Digital News

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

Fintech Staff Writer
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......
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