Search Results for: auto lending

Priority Technology Holdings, Inc. to Acquire Finxera to Create the Premier Payments and Banking as a Service Platform
Banking Fintech News

Priority Technology Holdings, Inc. to Acquire Finxera to Create the Premier Payments and Banking as a Service Platform

Fintech News Desk
by Fintech News Desk0
Deal is Immediately Accretive with Pro Forma 2021 Revenue of approximately $540 million and Adjusted EBITDA of approximately $130 million $300 million of Equity Investments from a combination of funds managed by Ares Management and Finxera Shareholders Financing Includes Refinancing of Priority Debt to 4.25x Priority Technology Holdings, Inc., a......
Clearlake Capital and TA Associates Complete Acquisition of Kofax
Fintech Investments News

Charlesbank Capital Partners Makes a Strategic Investment in Ivanti to Partner With Clearlake Capital and TA Associates to Accelerate Growth

Fintech News Desk
by Fintech News Desk0
With Backing from Leading Investors Clearlake, Charlesbank and TA, Ivanti Poised to Continue Leadership in IT Automation and Further Accelerate M&A Strategy Ivanti, the automation platform that makes every IT connection smarter and more secure across devices, infrastructure and people, announced that Charlesbank Capital Partners, LLC (Charlesbank) has signed a......
Socure and Baker Tilly Partner to Establish Intelligent KYC Assurance for Fintechs and Banking Institutions
Finance Fintech News Risk Management

Socure and Baker Tilly Partner to Establish Intelligent KYC Assurance for Fintechs and Banking Institutions

Fintech News Desk
by Fintech News Desk0
Baker Tilly audit of Socure’s Intelligent KYC solution provides product accuracy verification, establishes regulatory compliance, and creates further trust with clients Socure, the leader in Day Zero identity verification, and Baker Tilly, announced the companies have successfully completed an audit of Socure’s Intelligent KYC solution. The report verifies that Socure’s Intelligent KYC......
Financial Industry Must Tackle Gender Bias in Algorithms, According to Global Fintech Leader, Finastra
Artificial Intelligence Finance Fintech Machine Learning News

Financial Industry Must Tackle Gender Bias in Algorithms, According to Global Fintech Leader, Finastra

Fintech News Desk
by Fintech News Desk0
– Finastra publishes five-point plan to tackle algorithmic bias in consumer finance decision-making – New KPMG report, commissioned by Finastra, examines the size of global consumer lending markets and the potential impact of algorithmic bias in society – Finastra urges the financial industry to address the problem and work together......
PSECU Announces Organizational Realignment, New Executive Leadership Team
Fintech News Risk Management

PSECU Announces Organizational Realignment, New Executive Leadership Team

Fintech News Desk
by Fintech News Desk0
PSECU, Pennsylvania’s anytime, anywhere digital credit union, announced plans for an upcoming organizational realignment and named the members of its new Executive Leadership Team. “Following months of extensive review in conjunction with external consultants, PSECU is excited to share our organizational realignment plans,” said PSECU President and CEO George Rudolph.......
ETHA Lend Closes A $1.6 Million Funding Round – Creating A Novel Yield Optimizer for The Masses
Blockchain Business Cryptocurrency Fintech Fintech Funding Investment Services News

ETHA Lend Closes A $1.6 Million Funding Round – Creating A Novel Yield Optimizer for The Masses

Fintech News Desk
by Fintech News Desk0
ETHA Lend, the chain agnostic yield optimizer powered by Polkadot and Ethereum, raised $1.6 million during their first funding rounds to accelerate yield optimization in DeFi. The investment round was led by AU21 Capital, DFG Group and Privcode Capital, followed shortly by eminent investors including Vector Capital, Chain Capital, PNYX......
Artificial Intelligence Provokes Shift in Asset-Allocation Strategies
Artificial Intelligence Business Fintech Investment Services News

Artificial Intelligence Provokes Shift in Asset-Allocation Strategies

Fintech News Desk
by Fintech News Desk0
Headline News-flow Validates Role for Advanced Technology Artificial intelligence affords investment specialists the ability to make autonomous assessment of market conditions, removed from the frailties of human decision making, argues a new white paper by Plotinus Asset Management. That capability, in turn, means that institutional investors are set to inject......
Atom Bank to Raise £40m to Put It on the Path to Profitability in the Near Term
Fintech Fintech Funding News

Atom Bank to Raise £40m to Put It on the Path to Profitability in the Near Term

Fintech News Desk
by Fintech News Desk0
Atom, the UK’s first app-based bank, is to raise £40m from existing shareholders as it moves to profitability from its mortgage and business lending within a year, and to IPO the year after. Read More: Aurus Technologies Brings Gold Tokenization to Chile and Latin America Atom’s revenues are growing strongly......
Finicity Releases Comprehensive Mortgage Verification Service for Simpler, Faster Borrowing Experience
Business Digital Fintech InsurTech News

Finicity Releases Comprehensive Mortgage Verification Service for Simpler, Faster Borrowing Experience

Fintech News Desk
by Fintech News Desk0
One-touch, GSE-accepted verification of assets, income and employment reduces loan process by up to 12 days Finicity, a Mastercard company and leading provider of open banking solutions, today announced its one-touch Mortgage Verification Service (MVS), enabling lenders to provide the simple, easy experience that today’s consumers and lenders are looking......
illumy Partners With PayCertify On Fraud Mitigation, Payment Processing
Banking Fintech InsurTech Investment Services News Risk Management

illumy Partners With PayCertify On Fraud Mitigation, Payment Processing

Fintech News Desk
by Fintech News Desk0
The partnership seeks to bridge fintech and hyper-communications™ illumy, a first-of-its-kind hyper-communications™ platform, announced a partnership with PayCertify, an innovative, global fintech marketplace and leader in card issuing and payment processing. Through this new partnership, illumy will provide best-in-class fraud mitigation and payment processing as well as cutting-edge financial solutions for......
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