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Banking Fintech Guest Posts

5 Things You Need to Know about the LIBOR Transition

Bruce Orcutt
by Bruce Orcutt0
LIBOR has often been regarded as the world’s most important number. It’s one of the most widely utilized interest rates in the world used for tens of millions of financial contracts worth more than USD 300 trillion globally. Its cessation December 31, 2021 will alter financial markets around the globe......
GTCR Announces Sale of Optimal Blue to Black Knight
Capital Markets Fintech News

GTCR Announces Sale of Optimal Blue to Black Knight

Fintech News Desk
by Fintech News Desk0
GTCR, a leading private equity firm, announced today that it has signed a definitive agreement to sell Optimal Blue (“Optimal Blue” or the “Company”) to Black Knight for an enterprise value of $1.8 billion, payable in cash. Read More: GlobalFintechSeries Interview with Chuck Klein, Chief Executive Officer & Founder at IMM Founded......
Nexsys Technologies and Farmers Insurance® Join to Digitize the Verification of Homeowners Insurance
Fintech News

Nexsys Technologies Partners with Lemonade to Simplify Homeowners Insurance Verification Process

Fintech News Desk
by Fintech News Desk0
Clear HOI platform streamlines verification for insurers and mortgage lenders alike Nexsys Technologies, a FinTech company that provides a suite of essential tech solutions for mortgage origination and closing, has partnered with insurance company Lemonade to simplify the homeowners insurance verification process. Using Clear HOI, Nexsys users will be able to leverage a......
Banking Featured Fintech Fintech Startups

P2P Lending Apps that help Streamline Borrowing Needs

Tanika Mehrotra
by Tanika Mehrotra0
Peer to Peer lending apps enables the lending of money through an online platform that easily connects prospective borrowers with prospective lenders. P2P lending is emerging as a popular option in the financial marketplace because of the lower interest rates and reduced operating costs. These platforms cater to personal as......
Artificial Intelligence Fintech News

Amid COVID, Lenders Turn to SpaceQuant AI Tech to Get Real-Time Data on Commercial Real Estate Performance

Fintech News Desk
by Fintech News Desk0
The commercial real estate industry has been particularly impacted by the COVID-19 pandemic currently wreaking havoc on the U.S. economy. Tenants are seeking rent reductions or may have even stopped paying rent altogether, while borrowers are requesting loan modifications or forbearances. Meanwhile, lenders and investors are demanding prompt property and......
Fintech News

June Ellie Mae Origination Insight Report Data Shows Purchase Market Rebounding As Interest Rates Continue To Decline

Fintech News Desk
by Fintech News Desk0
Interest rates on all closed loans continued to decline in June to 3.40 percent, down from 3.43 percent in May, according to the latest Origination Insight Report from Ellie Mae®, the leading cloud-based loan origination platform provider for the mortgage industry. The 30-year rate on conventional loans fell again, dropping to 3.42 percent,......
Ncontracts Names Guy Weismantel EVP of Marketing
Fintech News Risk Management

Ncontracts Names Guy Weismantel EVP of Marketing

Fintech News Desk
by Fintech News Desk0
SAAS Industry Veteran to Spearhead Marketing Efforts for Ncontracts Ncontracts, the leading provider of integrated risk, vendor, and compliance solutions for financial institutions, announced that effective July 15, 2020, Guy Weismantel has joined the company as Executive Vice President of Marketing. Mr. Weismantel joins the senior leadership team of the company, reporting to......
Boston National Title to Use Black Knight's Expedite Suite of eSign and Document Fulfillment Solutions
Fintech News

Boston National Title to Use Black Knight’s Expedite Suite of eSign and Document Fulfillment Solutions

Fintech News Desk
by Fintech News Desk0
Black Knight, a leading provider of integrated software, data and analytics to the mortgage and real estate industries, announced that Boston National Title will use Black Knight’s Expedite suite of innovative, web-based electronic signature and document fulfillment capabilities to enhance the title services company’s digital title and settlement experience. Expedite features......
Artificial Intelligence

More Than 50% of Debt Collection Agencies Thrived Under COVID-19

Fintech News Desk
by Fintech News Desk0
Over half the collection agencies surveyed not only thrived during the pandemic, but actually outperformed their pre-pandemic metrics in a nationwide survey conducted by Prodigal Technologies, Inc. Prodigal, a debt collection AI software company, surveyed accounts receivable management (ARM) agencies about the impact of the coronavirus pandemic on their collections......
QuestSoft Updates Fair Lending RELIEF to Include Analysis of Consumer Lending
Fintech News Robotic Process Automation

QuestSoft’s Report Reveals CRA Exam Analysis and Trends Over the Past 10 Years

Fintech News Desk
by Fintech News Desk0
QuestSoft Corporation, the nation’s leading provider of automated mortgage compliance software, has completed a study reviewing 14,765 Community Reinvestment Act (CRA) performance evaluations conducted from 2010 to 2020 involving large, intermediate, and small institution exams from the OCC, FRB, FDIC, and OTS. Read More: Entrust Datacard Solves Evolving Identity and......
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