Tag : credit unions

Ascent Secures Venture Funding to Modernize Underwriting Infrastructure and Deliver Financial Portability
Fintech Funding News

Ascent Secures Venture Funding to Modernize Underwriting Infrastructure and Deliver Financial Portability

PR Newswire
by PR Newswire0
The round was led by Foundation Capital, TruStage Ventures Discovery Fund, Alloy Labs, Reseda Group, and other investors. Ascent Platform Corporation, the leader in financial portability solutions for banks and credit unions, announced that it has successfully raised $5.3 million in venture funding. The round was led by Foundation Capital, TruStage Ventures Discovery......
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 Newswire0
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......
Ascent Partners with MSU Federal Credit Union to Transform Business Lending
Lending News

Ascent Partners with MSU Federal Credit Union to Transform Business Lending

PR Newswire
by PR Newswire0
Through a pilot partnership, MSUFCU will test Ascent’s Loan Origination add-on for unsecured business loans and lines of credit, offering members a streamlined and efficient lending experience. Ascent Platform Corporation, the leader in financial portability solutions for banks and credit unions, is pleased to announce its partnership with Michigan State University Federal Credit......
S&P Upgrades PenFed Auto Loan Securitizations Due to Strong Performance
Lending News

S&P Upgrades PenFed Auto Loan Securitizations Due to Strong Performance

PR Newswire
by PR Newswire0
S&P Global Ratings upgraded ratings on three classes and affirmed ratings on three remaining classes in PenFed Auto Receivables Owner Trust 2022-A. Positive Outlooks were assigned to the class B, C and D notes. The affirmations and upgrades reflect collateral performance to date, expectations regarding future collateral performance, the transaction’s......
Finastra Showcases Strategies for Lending Growth and Compliance at Its User Connect Series
Lending News

Finastra Showcases Strategies for Lending Growth and Compliance at Its User Connect Series

PR Newswire
by PR Newswire0
Takeaways from the events highlight why an end-to-end technology stack is key to unlocking innovation for mortgage and lending teams at community banks and credit unions Finastra, a global provider of financial software applications and marketplaces, brought together leaders from community banks and credit unions across the United States to discuss innovation......
First Tech Reinforces Philanthropic Commitment, Contributing $3.6 Million to Nonprofits in 2023
Fintech Funding News

First Tech Reinforces Philanthropic Commitment, Contributing $3.6 Million to Nonprofits in 2023

PR Newswire
by PR Newswire0
First Tech supports 137 nonprofit organizations across the West Coast First Tech Federal Credit Union, the nation’s ninth-largest credit union, announced in honor of Giving Tuesday that it contributed over $3.6 million to 137 nonprofit organizations across California, Oregon, and Washington in 2023. Through collective efforts by First Tech’s dedicated members, employees, and community, the......
Credit Union Industry Leader, TruStage, Spearheads Strategic Transaction to Propel Fintech Happy Money Forward
Fintech News

Credit Union Industry Leader, TruStage, Spearheads Strategic Transaction to Propel Fintech Happy Money Forward

PR Newswire
by PR Newswire0
Backing from TruStage Ventures and other investors will advance Happy Money’s mission of happier lending and accelerate the company’s growth in its next chapter. Happy Money, a leading platform for unsecured lending in partnership with credit unions, announced that TruStage Ventures and other major institutional investors are entering into a strategic......
Americans' Preference for Diverse Online Banking Options, as Revealed by 3D Chess Media
Banking News

Americans’ Preference for Diverse Online Banking Options, as Revealed by 3D Chess Media

PR Newswire
by PR Newswire0
The U.S. banking sector in 2023 provides extensive options for consumers. Whether it’s a national bank, online entity, or a niche institution, each offers unique benefits. This diverse landscape ensures Americans get competitive rates amidst economic challenges. Americans have more choice than ever for their banking needs in 2023, whether......
Seven New Credit Unions to Partner with GrooveCar Direct
Finance Fintech News

Seven New Credit Unions to Partner with GrooveCar Direct

PR Newswire
by PR Newswire0
GrooveCar Direct, the nation’s leading car-shopping program for credit unions, is proud to announce seven new partnerships. GrooveCar Direct, the nation’s leading car-shopping program for credit unions, is proud to announce seven new partnerships: Fintech Insights: Bridging the Labor Gap in Accounting using AI Technology El Monte Community CU, based in El......
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