Search Results for: loans

Kasasa “Report Card” Provides Actionable Insights to Financial Institution Clients
Business Fintech News

Open Lending Partners with Kasasa to Launch Take-Back™ Feature for Auto Loans

Fintech News Desk
by Fintech News Desk0
Kasasa, an award-winning financial technology and marketing provider, has partnered with Open Lending, a leading provider of lending enablement and risk analytics solutions to financial institutions, to bring a higher level of assurance and reduced risk to the lending process. Together, Kasasa and Open Lending will provide community financial institutions the ability......
Skan Secures $14 Million Series A to Expand AI-Driven Process Discovery to Enable the Digital Transformation of the Enterprise
Fintech News

Quicken Loans and Amrock Team Up for North Carolina’s First Remote Online Mortgage Closing

Fintech News Desk
by Fintech News Desk0
Quicken Loans, the nation’s largest mortgage lender, along with Amrock, the nation’s leading electronic closing (eClosing) provider, completed North Carolina’s first-ever Remote Online Notarization (RON) mortgage closing. With the recent passage of the Emergency Video Notarization law in North Carolina enabling the implementation of RON eClosings, the precedent has been set for consumers......
Sallie Mae Awards $100,000 to Help High School and College Graduates Fund Their Futures
Fintech News

Sallie Mae Private Student Loans Help Students and Families Cover College Costs

Fintech News Desk
by Fintech News Desk0
Competitive Rates, No Origination Fee, and Repayment Flexibility Make Sallie Mae’s Private Student Loans the Responsible Choice While the landscape may look different this fall, more than 80% of families are making plans to attend college this year. Inevitably, the conversation turns to how families will pay for that education. After scholarships,......
Upstart's AI Lending Platform Expands to Auto Loans
Artificial Intelligence Fintech News

Upstart’s AI Lending Platform Expands to Auto Loans

Fintech News Desk
by Fintech News Desk0
New offering helps bank partners modernize their auto lending programs through AI Upstart, a leading artificial intelligence (AI) lending platform, announced support for auto loans as part of its consumer lending platform. With Upstart’s new service, banks can offer refinance and purchase finance loans with a seamless digital experience, higher......
Square announces Terminal API at Unboxed 2020 Conference
Banking Business Capital Markets Fintech News

PPP in Review: Square Capital Has Facilitated Over $820M in Stimulus Loans to 76,000+ Small Businesses Across All 50 States

Fintech News Desk
by Fintech News Desk0
Since we began processing Payroll Protection Program (PPP) applications on April 29, 2020, as of June 10, Square Capital has facilitated more than $820 million in PPP loans, providing access to a financial lifeline to more than 76,000 small businesses. That’s an average loan of less than $11,000, with 97%......
First Financial Network Announces Sale Closing of Performing and Non-Performing Commercial Loans Totaling $112 Million for Financial Institutions and Funds
Business Fintech Fintech Funding News

First Financial Network Announces Sale Closing of Performing and Non-Performing Commercial Loans Totaling $112 Million for Financial Institutions and Funds

Fintech News Desk
by Fintech News Desk0
First Financial Network, Inc. (FFN), a leading international loan sale advisor, has announced the successful sale of performing and non-performing loans totaling $112 million on behalf of several financial institutions and funds. The assets sold included predominantly commercial real estate loans (office, industrial, retail, mixed-use, and multifamily) as well as C&I business......
PennyMac Live on Ellie Mae's Next Generation Digital Lending Platform for Correspondent Business Less Than One Year After Announcing Expanded Partnership
Business Fintech News

Ellie Mae’s Encompass Consumer Connect Eclipses 400,000 Loans In A Single Month As Lenders Engage Homebuyers Virtually

Fintech News Desk
by Fintech News Desk0
Ellie Mae, the leading cloud-based loan origination platform provider for the mortgage industry, announced that Encompass Consumer Connect has seen significant adoption as lenders turn to more virtual technology solutions to increase consumer engagement. Homebuyers submitted over 400,000 loans via Consumer Connect in a single month in 2020, more than 300......
First Cohort of Cross River and Operation HOPE’s ‘Entrepreneur Training Program’ Graduates
Banking Business Fintech News

Cross River One of Top Paycheck Protection Program (PPP) Lenders in the Country, Saving Nearly 600,000 Jobs Through 105,000 Loans

Fintech News Desk
by Fintech News Desk0
Cross River Bank (“Cross River”), a leading innovator and provider of banking services for technology companies, announced that it has approved more than $4.7 billion in loans to small businesses across the country through both rounds of the Small Business Administration’s (SBA) Paycheck Protection Program (“PPP”). With an average loan......
Wallis Bank Provided $347.5 Million in PPP Loans for Over 3,500 Small Businesses Impacted by COVID-19
Banking Business Fintech News

Wallis Bank Provided $347.5 Million in PPP Loans for Over 3,500 Small Businesses Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
Wallis Bank announced that it has processed over 3,500 loans totaling more than $347.5 million under the Small Business Administration’s Paycheck Protection Program (PPP), helping small businesses support payroll and related costs. The average loan size was approximately $99,000 as of May 26. The PPP provides forgivable, government-guaranteed loans for the nation’s small businesses, which account......
OppLoans Teams Up with Experian®, Steady, and BillShark Furthering its Commitment to Social Impact
Banking Fintech InsurTech News

OppLoans Applauds Newly-Released Interagency Lending Principles for Banks and Credit Unions Offering Responsible Small-Dollar Loans

Fintech News Desk
by Fintech News Desk0
Guidance further supports the need for financial institutions to provide access to loans for the 60 million credit-challenged Americans, while protecting consumers OppLoans, a leading financial technology platform that powers banks to serve middle income, credit-challenged consumers, applauds the release of the Interagency Lending Principles on small-dollar lending by the......
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