Search Results for: small business lenders

LenddoEFL Offers a Credit-Score Alternative Using Your Character
Fintech News Risk Management

LenddoEFL Offers a Credit-Score Alternative Using Your Character

Fintech News Desk
by Fintech News Desk0
Financial situations change, but your personality will hold steady. LenddoEFL, a pioneer of alternative data for decisioning, has shown that credit scores based on behavior and personality traits are continuing to accurately predict default risk, despite the unprecedented economic disruption caused by COVID-19 lockdowns. Read More: Righteous Causes Launches Innovative......
The Global State of Financial Technology
Artificial Intelligence Business Capital Markets Fintech Guest Posts

The Global State of Financial Technology

Parag Goswami
by Parag Goswami0
Like most industries, financial technology (“fintech”) has seen significant changes in response to the current state of our world. Banks, financial institutions, and mortgage lenders are rethinking business models based on customers’ needs and social distancing guidelines. Handling money and paperwork has become almost obsolete as we recognize how germs......
Banking Fintech Fintech Funding Investment Services Mobile Banking News

CRE Simple’s Software Accelerates Growth with Over $1B in Managed Deals, Increased Broker User Adoption, and New Product Offerings

Fintech News Desk
by Fintech News Desk0
OneSource Vertical SaaS Solution delivers proven value as a Comprehensive Deal Management Platform for the Commercial Real Estate Financing Ecosystem CRE Simple, Inc., a leading provider of SaaS solutions for Commercial Real Estate (CRE) transactions, is helping real estate investors avoid costly errors and delays while giving brokers and lenders......
Economy Fintech Fintech Funding Investment Services News

Bank of America Announces Seven Completed Equity Investments in Minority Depository Institutions and Community Development Financial Institution Banks

Fintech News Desk
by Fintech News Desk0
Bank of America made a $1 billion, four-year commitment to advance racial equality and economic opportunity. As part of that commitment, today the company is announcing it has now completed 7 equity investments in Minority Depository Institutions and Community Development Financial Institution Banks. Bank of America has acquired approximately 4.9% of......
Wolters Kluwer Analysis Reveals Timely Claims Processing Is Top Compliance Challenge for U.S. Insurers
Fintech InsurTech News

Wolters Kluwer Analysis Reveals Timely Claims Processing Is Top Compliance Challenge for U.S. Insurers

Fintech News Desk
by Fintech News Desk0
Annual review of Top 10 market conduct issues provides vital checklist for insurers The U.S. insurance industry’s top compliance shortcomings relate to claims handling noncompliance, including timeliness, required disclosures, benefit payments and grievance processes, as well as underwriting, rating and insurance producer issues. That’s according to a comprehensive review by......
Fintech News

Seacoast Commerce Bank Outsources IT Infrastructure with Jack Henry, Strengthening Security and Boosting Efficiencies

Fintech News Desk
by Fintech News Desk0
Jack Henry & Associates, Inc.® (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its ProfitStars® division today announced that San Diego-based Seacoast Commerce Bank has outsourced its IT infrastructure with Jack Henry, enhancing security, compliance, business demands, disaster resiliency and increasing efficiencies across the......
Nav Releases Free Tools To Help SMBs Navigate New Round of PPP
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Nav Named One of Utah’s Fastest-Growing Companies

Fintech News Desk
by Fintech News Desk0
Nav, the simple and intelligent financing platform for small businesses, today announces its inclusion on the Utah Business Fast 50 list for the second year in a row. The list recognizes “entrepreneurial spirit, innovative business tactics and skyrocketing revenue growth” of Utah companies that have been in business for two years or more. Nav......
Finicity Launches Finicity Lend™ to Accelerate the Next-gen Credit Decisioning Experience, Advance Open Banking
Banking Fintech News

Finicity Launches Finicity Lend™ to Accelerate the Next-gen Credit Decisioning Experience, Advance Open Banking

Fintech News Desk
by Fintech News Desk0
Finicity’s new integrated set of credit-decisioning services to digitally transform lending with accurate, real-time and consumer-permissioned data Finicity, a leading provider of open banking solutions, today announced the rollout of Finicity Lend™ for credit-decisioning. Finicity Lend, an integrated solution set of open banking data services, provides banks, lenders and fintech developers access to tools......
Take a Look at a Few of These Global FinTech Success Stories
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Take a Look at a Few of These Global FinTech Success Stories

Tanika Mehrotra
by Tanika Mehrotra0
According to a report by The Business Research Company, the global FinTech market was valued at about $127.66 billion in 2018 and is expected to grow to $309.98 billion at a CAGR of 24.8% through 2022. The growth in digital payments and digital commerce is driving the expansion of fintech.......
Merchant Growth Announces New Executive and Board Appointments
Business Fintech News

Merchant Growth Announces New Executive and Board Appointments

Fintech News Desk
by Fintech News Desk0
Merchant Growth Appoints Seasoned Finance Executive Kevin Clark as Chief Revenue Officer and Canadian Fintech Entrepreneur Kevin Sandhu to Board of Directors Merchant Growth (the “Company” or “Merchant”), Canada’s fastest and most agile fintech offering small business financing, is pleased to announce the appointment of Kevin Clark to the position......
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