Search Results for: business borrowers

Jefferies Finance Launches Direct Lending BDC with Anchor Commitment from ADIA
Investment Services News

Jefferies Finance Launches Direct Lending BDC with Anchor Commitment from ADIA

Business Wire
by Business Wire0
Jefferies Credit Partners, a leading private credit manager and the asset management arm of Jefferies Finance LLC, announced the intention to launch a private placement of a business development company (“BDC”) to further enhance its lending capacity in the private credit space. Jefferies Finance is a joint venture of Jefferies......
KBRA To Leverage T-REX Platform for Private Credit ABS Data Services
Fintech News

KBRA To Leverage T-REX Platform for Private Credit ABS Data Services

Business Wire
by Business Wire0
KBRA is pleased to announce that it will partner with fintech firm T-REX to further build its data infrastructure that supports the growth of private credit ABS. The multiyear collaboration will leverage T-REX’s technology to enhance KBRA processes used to conduct its surveillance as well as create comprehensive deal reports......
Earnest and Nova Credit Launch International Private Student Loans
Fintech Lending News

Earnest and Nova Credit Launch International Private Student Loans

Business Wire
by Business Wire0
New Partnership Expands Access to Higher Education for International Students in the United States Earnest, a fintech company dedicated to making higher education accessible and affordable for everyone, and Nova Credit, a modern credit bureau bridging consumer credit data around the world, announced their partnership and the launch of International......
Heffernan Insurance Brokers Expands Partnership with TrustLayer to Automate Insurance Verification for Customers
Artificial Intelligence InsurTech News

Heffernan Insurance Brokers Expands Partnership with TrustLayer to Automate Insurance Verification for Customers

PR Newswire
by PR Newswire0
Heffernan Insurance Brokers, one of the largest full-service, independent insurance brokerage firms in the United States announced a partnership with TrustLayer, to allow customers to access TrustLayer’s artificial intelligence (AI)-powered collaborative risk management platform. TrustLayer will enable faster and more efficient proof of insurance verification and help Heffernan customers better manage......
Unlocking the Potential of Crypto Assets in the Lending Space
Cryptocurrency Digital Asset Management Featured Finance Lending

Unlocking the Potential of Crypto Assets in the Lending Space

Pooja Choudhary
by Pooja Choudhary0
Cryptocurrency continues to be a top-trending keyword in the fintech landscape. The cryptocurrency lending platforms are among the fastest-growing categories in the fintech market. In 2020, lending platforms gained massive popularity, and since then, the total value of loans locked on different platforms has increased to billions. There are two......
CFPB Takes Action Against ACI Worldwide for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize
Consumer protection laws Digital Payments News

CFPB Takes Action Against ACI for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize

Fintech News Desk
by Fintech News Desk0
ACI will pay a $25 million penalty for data handling practices that negatively impacted nearly 500,000 homeowners whose mortgages were serviced by Mr. Cooper The Consumer Financial Protection Bureau (CFPB) issued an order against ACI Worldwide and one of its subsidiaries, ACI Payments, for improperly initiating approximately $2.3 billion in......
Aktos Announces New Investment to Transform the $20B Accounts Receivable Management Industry
debt collection News

Aktos Announces New Investment to Transform the $20 Billion Accounts Receivable Management Industry

Business Wire
by Business Wire0
Crew Capital and 8VC co-lead $4.4M financing round for Aktos as company expands leading debt collections software platform Aktos, the leading system of record for modern debt collections agencies, announced that it has raised $4.4 million in Seed funding co-led by 8VC and Crew Capital. The new capital will be......
Broadridge Secures Patent for Machine Learning Tech Enhancing Securities Based Lending
Machine Learning News

Broadridge Secures Patent for Machine Learning Tech Enhancing Securities Based Lending

PR Newswire
by PR Newswire0
Patent covers Broadridge systems that help advisors hyper-target SBL borrowers, deepen client relationships and reduce attrition The machine learning technology that powers global Fintech leader Broadridge Financial Solutions‘ ability to provide financial advisors with engagement predicting scores and other valuable insights on securities based lending (SBL) borrowers has been granted a patent......
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