Tag : business loans

Unicorn Fintech Veterans Launch Worth AI, the first AI-Powered Business Credit Score and Financial Underwriting Platform to Increase Data Transparency and Fuel Economic Equity
Artificial Intelligence Fintech News

Unicorn Fintech Veterans Launch Worth AI, the first AI-Powered Business Credit Score and Financial Underwriting Platform to Increase Data Transparency and Fuel Economic Equity

PR Newswire
by PR Newswire0186
Stax Payments founders, Sal Rehmetullah and Suneera Madhani, harness the power of AI to build real-time data underwriting and risk management platform to speed decision making, increase risk accuracy and standardize the business credit score Worth AI, a fintech SaaS startup, officially launched and announced its artificial intelligence-powered risk management......
Financial Institutions Expected to Boost AI Investments for Customer Service in 2024, New Syntellis Report Finds
Artificial Intelligence Finance Fintech

Syntellis Released “2024 CFO Outlook for Financial Institutions”

Fintech News Desk
by Fintech News Desk0238
The report results provide insights on how institutions fared in 2023, as well as current and future industry challenges, trends, and priorities. According to a new survey report from Syntellis Performance Solutions, now part of Strata Decision Technology – 2024 CFO Outlook for Financial Institutions, The financial services industry has......
Smart Money Capital Launches Innovative Technology to Provide the Best Customer Service and Pricing for Unsecured Personal and Business Loans
Lending News

Smart Money Capital Launches Innovative Technology to Provide the Best Customer Service and Pricing for Unsecured Personal and Business Loans

GlobeNewswire
by GlobeNewswire0224
Smart Money Capital, a leading provider of unsecured personal and business loans, has officially launched its innovative technology platform. With a commitment to delivering the best customer service, cutting-edge technology, and competitive pricing, Smart Money Capital is poised to become a top player in the lending industry. Smart Money Capital......
LendingTree Adds Funding Circle to Its Marketplace Network of SMB Lenders And Products
Lending News

LendingTree Adds Funding Circle to Its Marketplace Network of SMB Lenders And Products

Business Wire
by Business Wire0325
Small Business Term Loans from Funding Circle Now Available to LendingTree Customers Funding Circle, the online platform for small business loans, announced that it has partnered with one of the nation’s largest online lending marketplaces, LendingTree, to offer LendingTree business customers access to fast, affordable financing from Funding Circle. “predicting......
Lumos Technologies Releases Lumos Prime+ Score for Small Business Loans Exclusively Through Lenders Cooperative
Lending News

Lumos Technologies Releases Lumos Prime+ Score for Small Business Loans Exclusively Through Lenders Cooperative

Fintech News Desk
by Fintech News Desk0344
Lumos Technologies and Lenders Cooperative offers Lumos Prime+, an expected loss small business scoring model through Lenders Cooperative’s loan origination system, as a packaged solution that allows financial institutions to focus on small dollar small business lending efficiently and effectively. The partnership between Lumos and Lenders Cooperative will help ease......
Community Banks Waking Up to the Potential of Small Business Lending Opportunities
Banking Lending News

Community Banks Waking Up to the Potential of Small Business Lending Opportunities

Fintech News Desk
by Fintech News Desk0301
New study finds 56% of community bankers cited small business loans as a high priority in 2022 Community banks stand to benefit from both a competitive and profitability standpoint should they decide to shift their lending strategies to focus more on small-and-medium-sized businesses, according to new research commissioned by banking......
Capital C Corporation To Deploy Scienaptic’s AI-powered Credit Decisioning Platform
Finance Fintech News

Capital C Corporation To Deploy Scienaptic’s AI-powered Credit Decisioning Platform

Fintech News Desk
by Fintech News Desk0430
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Capital C Corporation has selected its AI-powered platform, enabling Capital C Corporation, in tandem with its in-house proprietary scoring algorithms, to make stronger, faster credit decisions for SME and personal loans. “We are on a mission to be the leading microfinance institution through......
Zip Discusses Buy Now, Pay Later vs. Credit Cards
Banking News

Zip Discusses Buy Now, Pay Later vs. Credit Cards

Fintech News Desk
by Fintech News Desk0526
Both ‘buy now, pay later’ (BNPL) and credit cards allow consumers to make purchases and pay in instalments, so how do they differ? BNPL represents a growing trend amongst consumers, allowing them to make online and in-store purchases and pay for them in instalments. Unlike credit cards, Buy now pay later (BNPL)......
'Buy Now, Pay Later' The Go-To Payment Method for Aussies
Digital Payments News

‘Buy Now, Pay Later’ The Go-To Payment Method for Aussies

Fintech News Desk
by Fintech News Desk0570
According to Zip, consumers are continuing to turn their backs on more traditional payment options, in favour of interest free ‘buy now, pay later’ (BNPL) platforms Gone are the days when consumers only had the choice between cash or card when shopping. Over the past few years, Buy now pay later (BNPL)......
Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders
Banking Business Finance News

Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index™ Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders

Fintech News Desk
by Fintech News Desk0649
Small business loan approval percentages at big banks ($10 billion+ in assets) climbed slightly from 13.4% in April to 13.5% in May 2021, according to the latest Biz2Credit Small Business Lending Index™ released today. However, small banks’ approvals jumped higher from 18.2% in April, to 18.7% in May. “Loan approvals by small banks rose 0.3% as banks start to assess the......
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