Search Results for: loan administration

Banking Fintech News

FIS Sees Robust Processing Volumes on Real-Time Lending Platform for Latest Round of PPP Loans

Fintech News Desk
Financial technology leader FIS® (NYSE: FIS) announced today that it is seeing robust processing volumes on its Real-Time Lending (RTL) platform in the newest round of funding under the Small Business Administration’s Paycheck Protection Program. Through the first two weeks of the program, FIS has successfully processed nearly $8 billion......
Fountainhead Signs Deal to License Biz2X SBA Platform for PPP Loans, Other SBA Programs
Business Fintech News

Fountainhead Signs Deal to License Biz2X SBA Platform for PPP Loans, Other SBA Programs

Fintech News Desk
Fountainhead, one of the most active SBA lenders in the country in 2020, today announced a partnership in which the nonbank lender will utilize Biz2Credit’s cutting edge Biz2X Accelerate SBA platform to process Small Business Administration (SBA) loan applications for all SBA lending programs more quickly and efficiently, including during the upcoming second round......
EIS positioned in the Challengers Quadrant in Gartner’s 2020 Magic Quadrant for Life Insurance Policy Administration Systems, North America
Fintech News

EIS positioned in the Challengers Quadrant in Gartner’s 2020 Magic Quadrant for Life Insurance Policy Administration Systems, North America

Fintech News Desk
EIS, a global core and digital platform provider for insurers, today announced that it has been named a Challenger in Gartner’s recently published report “Magic Quadrant for Life Insurance Policy Administration Systems, North America*.” The report evaluated EIS for Completeness of Vision and Ability to Execute. EIS has been recognized......
Black Knight Completes Acquisition of Optimal Blue; Significantly Expands Origination Offerings With Leading Secondary Market Solutions and Actionable Data Services
Fintech News Risk Management

Franklin Credit Management Corporation Signs Contract for Black Knight’s Full Suite of Servicing Solutions, Including the MSP Loan Servicing System

Fintech News Desk
Implementation includes Servicing Digital, the Actionable Intelligence Platform and expanding its use of Black Knight’s Default Solutions — Franklin Credit Management Corporation signed a contract for Black Knight’s suite of servicing solutions including the industry-leading MSP servicing system — Franklin Credit will also implement Black Knight’s Servicing Digital and Actionable......
Cashfloat Reports an Increase of Over 270% in Loan Fee Fraud Attempts Since the Start of COVID-19
Fintech News

Cashfloat Reports an Increase of Over 270% in Loan Fee Fraud Attempts Since the Start of COVID-19

Fintech News Desk
Cashfloat.co.uk, one of the UK’s leading online unsecured direct lenders, reported a record increase of over 270% in loan fee fraud attempts since the start of the coronavirus pandemic, with an average loss of £250 per victim. Read More: TeamMate+ global expert solution from Wolters Kluwer named finalist in 2020 SaaS......
Fintech News

Top Subservicer Dovenmuehle Mortgage, Inc. Extends Use of Black Knight’s Industry-Leading MSP Loan Servicing System

Fintech News Desk
Continued Investments in Innovation, Risk Mitigation and Client Support Are Reasons for Extending a 40-Year Relationship with Black Knight Black Knight, Inc. announced today that Dovenmuehle Mortgage, Inc. (“Dovenmuehle”), one of the largest mortgage subservicing companies in the U.S., has signed a contract renewal for MSP, Black Knight’s industry-leading loan servicing system.......
Banking Fintech News

First Bank & Trust Company Ranked Among Top Lenders by U.S. Small Business Administration District Office

Fintech News Desk
Small businesses throughout Virginia and Tennessee are receiving much needed assistance from the Small Business Administration, thanks to First Bank & Trust Company.  According to a recent announcement from the SBA, First Bank & Trust Company loaned $9.3 million in Fiscal Year (FY) 2019, a $2.6 million increase over the previous year. Read More: COVID-19 and Automation are......
AICPA and CPA.com Team with Biz2Credit to Launch PPP Loan Forgiveness Tool
Business Fintech News

AICPA and CPA.com Team with Biz2Credit to Launch PPP Loan Forgiveness Tool

Fintech News Desk
The American Institute of Certified Public Accountants (AICPA) and its business and technology arm, CPA.com, today announced the launch of a Paycheck Protection Program (PPP) loan forgiveness platform, PPPForgivenessTool.com, which automates the forgiveness process for small business owners who received funds from the PPP. Read More: Hummingbird Raises $8.2M To Automate......
MUFG Investor Services Selects Broadridge for Sophisticated Loan Tracking and Reporting Technology
Banking Fintech Fintech Funding Investment Services News

MUFG Investor Services Selects Broadridge for Sophisticated Loan Tracking and Reporting Technology

Fintech News Desk
 Broadridge Financial Solutions, a global Fintech leader, announces that MUFG Investor Services, an industry leader in administration, asset servicing, banking and fund financing, has selected Broadridge’s Sentry loan tracking and reporting technology to service its clients in the private debt space. Read More: Hummingbird Raises $8.2M To Automate Financial Compliance......
HSBC US Global Liquidity and Cash Management Adds Cash Flow Forecasting to HSBCnet
Banking Fintech Fintech Funding News

HSBC Bank Provides $10 Million for New York Forward Loan Fund

Fintech News Desk
Program will target small businesses, non-profits and small landlords that did not receive federal COVID-19 assistance HSBC Bank USA, N.A., part of HSBC Group, one of the world’s largest banking and financial services companies, announced it will provide $10 million to support the New York Forward Loan Fund (NYFLF), part of......
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