Tag : Consumer Loans

RevlTek Secures Financing from Texas Capital to Expand Responsible Lending Initiatives
Credit Bureaus Finance News

RevlTek Secures Financing from Texas Capital to Expand Responsible Lending Initiatives

EIN Presswire
by EIN Presswire0
RevlTek, a credit union service organization (CUSO) leveraging financial technology to originate, administer and purchase purpose-driven consumer loans, today announced it has secured a revolving line of credit from Texas Capital. The facility will support RevlTek’s continued growth and expand access to responsible, affordable lending solutions. RevlTek works with a growing......
LendKey Selects BillingPlatform to Modernize and Scale Billing
Finance News

LendKey Selects BillingPlatform to Modernize and Scale Billing

PR Newswire
by PR Newswire0
The Pioneering Digital Network for Consumer Lending Replaces Legacy System with Advanced Monetization Solution Designed to Support the Complexities of LendKey’s Business Model BillingPlatform, the leader in enterprise monetization, announced that LendKey has selected its Billing solution in a multi-year agreement. LendKey chose BillingPlatform to enhance automation, accelerate validation of new billing logic,......
Medallion Bank Expands Leadership Team to Spearhead Growth
Banking Fintech News

Medallion Bank Expands Leadership Team to Spearhead Growth

GlobeNewswire
by GlobeNewswire0
Joel Cannon appointed Senior Vice President of Sales and Marketing Medallion Bank, an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners, is pleased to announce the appointment of Joel Cannon as Senior Vice President......
Medallion Bank Announces Executive Promotions
Banking Fintech News

Medallion Bank Announces Executive Promotions

GlobeNewswire
by GlobeNewswire0
Medallion Bank, an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners, is pleased to announce Justin Haley’s promotion to President of the Bank and Travis Betenson’s promotion to SVP and Chief Financial Officer. Both......
RevlTek Announces Strategic Leadership Transitions to Support Continued Growth
Credit Bureaus Finance News

RevlTek Announces Strategic Leadership Transitions to Support Continued Growth

EIN Presswire
by EIN Presswire0
RevlTek, a credit union service organization (CUSO) leveraging financial technology to originate, administer, and acquire purpose-focused consumer loans, announced a series of strategic leadership transitions designed to position the company for its next phase of growth. Effective immediately, Lance Teinert, formerly Chief Executive Officer, has assumed the role of Chairman......
Virginia Credit Union Drives Measurable Improvements in Member Experience with Blend’s Consumer Banking Platform
Banking Fintech News

Virginia Credit Union Drives Measurable Improvements in Member Experience with Blend’s Consumer Banking Platform

Business Wire
by Business Wire0
Blend, a leading provider of digital banking technology, announced the successful expansion of its partnership with Virginia Credit Union (VACU), a federally chartered credit union with $7B in assets and over 500,000 members, resulting in substantial improvements in member experience and operational efficiency. “Partnering with Blend has allowed us to......
First Internet Bank Streamlines New Digital Business Account Opening
Banking News

First Internet Bank Streamlines New Digital Business Account Opening

Business Wire
by Business Wire0
First Internet Bank announced it has launched a new business account opening process. The streamlined user experience enables business owners to open and fund accounts online in minutes, improving conversion rates, reducing support calls and boosting customer satisfaction. “Our new account opening experience is efficient, compliant and, more importantly, sets......
Goal Solutions Announces Borrower Engagement Score
Finance Fintech News

Goal Solutions Announces Borrower Engagement Score

Fintech News Desk
by Fintech News Desk0
A proprietary scoring model built to predict borrower engagement that will help increase cures and decrease defaults. Goal Solutions, an innovative, award-winning financial services company has unveiled its Borrower Engagement Score, part of its industry leading Goal Portfolio Analytics (GPA) suite of machine learning and AI scoring models developed to......
Poonawalla Fincorp Enters Digital Consumption Loans Space
Fintech News

Poonawalla Fincorp Enters Digital Consumption Loans Space

Fintech News Desk
by Fintech News Desk0
Poonawalla Fincorp Limited (Formerly Magma Fincorp Limited), has entered digital consumption loans space through a tie up with KrazyBee. Under this partnership Poonawalla Fincorp will offer small ticket personal loans to individuals. Poonawalla Fincorp focusses on consumer and small business finance as a part of its stated strategy. This partnership......
First Internet Bank Eliminates Overdraft Fees to Enhance Customer Experience
Banking News

First Internet Bank Eliminates Overdraft Fees to Enhance Customer Experience

Fintech News Desk
by Fintech News Desk0
For many consumers and small business owners, the result of one or more overdraft fees can be devastating. In response, First Internet Bank has announced that it is removing overdraft fees on personal and small business deposit accounts. This change has been made to deliver a better – and less costly –......
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