Search Results for: lending service

$1.4 Billion-Asset Community Bank Partners with Fintech for Lending Process Automation
Banking Lending News

$1.4 Billion-Asset Community Bank Partners with Fintech for Lending Process Automation

Fintech News Desk
by Fintech News Desk0
Opportunity Bank of Montana and Teslar Software announced their partnership to streamline the bank’s lending process for both employees and customers. The bank anticipates loan growth of up to 10% this year and leveraging Teslar will allow them to scale easily and efficiently. “We want to be known not as a bank with......
iLending Taps Christian Marcussen as Chief Digital Officer
Finance News

iLending Taps Christian Marcussen as Chief Digital Officer

Fintech News Desk
by Fintech News Desk0
Christian Marcussen, CDO – “This opens the door to implementing the kinds of strategies and technologies that will significantly enhance iLending’s digital platforms.” iLending, a national leader in automotive refinancing, is pleased to announce that Christian Marcussen has been named Chief Digital Officer. In this role, Mr. Marcussen will be......
BetaBank Submits FDIC Application for Digital Bank Focused on Equitable SMB Lending
Banking Cloud News

BetaBank Submits FDIC Application for Digital Bank Focused on Equitable SMB Lending

Fintech News Desk
by Fintech News Desk0
BetaBank aims to remove human bias from deposit and lending services with support from Google Cloud and Deloitte Beta Financial Services, Inc. submitted an application with the Federal Deposit Insurance Corporation (FDIC) to organize BetaBank, a digitally native bank built for small-to-medium sized businesses (SMBs) with a mission to provide fair,......
Ascendus Goes Live On Scienaptic’s Platform For AI-Powered Credit Underwriting To Strengthen SMB Lending
Artificial Intelligence News

Ascendus Goes Live On Scienaptic’s Platform For AI-Powered Credit Underwriting To Strengthen SMB Lending

Fintech News Desk
by Fintech News Desk0
Scienaptic platform projected to drive up to 30% more approvals from existing leads Leading global AI-powered credit decision platform provider, Scienaptic AI announced that the deployment of its platform at Ascendus is now live. The implementation enhances Ascendus’ credit decisioning and helps the lender make advanced loan decisions for small and medium-sized businesses. “Our......
Alacriti and Alkami Announce Partnership to Bring Unified Money Movement Services to Credit Unions and Banks
Digital Payments News

Alacriti Featured in Federal Reserve’s New FedNow Service Provider Showcase, Expands Its Unified Payments Platform

Fintech News Desk
by Fintech News Desk0
Cosmos Payments Services Now Includes Support for TCH’s RTP Network, Visa Direct, and The FedNow Service (coming in 2023) – Providing Multiple Options for Instant Payments and Transfers Alacriti, a fintech company specializing in payments and money movement, is proud to be featured in the Federal Reserve’s new FedNow Service Provider......
Advanced Communication and Collaboration Solutions Boost Efficiency for Frontline Workers in Global Financial Services
Finance News

Advanced Communication and Collaboration Solutions Boost Efficiency for Frontline Workers in Global Financial Services

Fintech News Desk
by Fintech News Desk0
Technology providers to partner with service and software experts to better address the needs of a hybrid workforce, finds Frost & Sullivan Frost & Sullivan’s recent analysis reveals that technology vendors are rolling out new and improved communication, collaboration, and contact center solutions to help financial service institutions connect a workforce that......
Founders Federal Credit Union Completes Successful Migration to Corelation, Cites IMM’s eSign Conversion Services as Pivotal to Success
Digital Finance News

Founders Federal Credit Union Completes Successful Migration to Corelation, Cites IMM’s eSign Conversion Services as Pivotal to Success

Fintech News Desk
by Fintech News Desk0
Credit union eliminates 22% of member-facing documents, boosts efficiencies across organization and improves member experience IMM, the only eSignature provider specializing in eSignature and digital transaction solutions exclusively for financial institutions, announced its conversion services was instrumental in the successful migration of long-time client, Lancaster, S.C.-based Founders Federal Credit Union,......
Gateway Adds to Commercial Lending Banking Team in Dallas
Banking Lending News

Gateway Adds to Commercial Lending Banking Team in Dallas

Fintech News Desk
by Fintech News Desk0
Gateway First Bank, one of the largest banking operations in Oklahoma, announced that Zac Holly has joined the Bank’s commercial lending team as the Dallas Market President. “I look forward to joining the talented and growing team at Gateway First and expanding our reach into the north Texas market. I’m......
MX and Boss Insights Partner to Accelerate Business Lending and Insights with Access to Real-time Financial Data
Lending News

MX and Boss Insights Partner to Accelerate Business Lending and Insights with Access to Real-time Financial Data

Fintech News Desk
by Fintech News Desk0
Open Finance API provides access to more than 1,000 data sources in accounting, commerce, and payroll, such as QuickBooks, Xero, Shopify, Stripe, and Amazon MX, the leader in Open Finance, and Boss Insights, a leader in business data aggregation, are partnering to provide small-to-medium-sized businesses (SMB) access to real-time financial......
Biz2Credit Small Business Lending Index Reports Business Loan Approval Rates Rose Slightly in June 2022
Business Lending News

Biz2Credit Small Business Lending Index for March 2022 Finds Approval Rates Rise Again at Banks

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10m + in assets) rose from 14.7% in February to 14.9% in March, and small banks’ approvals also increased from 20.5% in February to 20.6%, according to the latest Biz2Credit Small Business Lending Index™ released. Among several categories of non-bank lenders, approval percentages also climbed. Institutional lenders approved 25.3% of funding requests in March, up......
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