Tag : Lending

QED Investors Closes Nearly $1 Billion in New Funds
Fintech Fintech Funding News

QED Investors Closes Nearly $1 Billion in New Funds

Business Wire
Fund VIII will Invest in Early Stage Businesses; Growth II for Later-Stage Fintechs Leading global fintech venture capital firm QED Investors announced that it has closed two new funds with combined capital commitments of $925 million. The new capital commitments comprise Fund VIII, an oversubscribed $650 million early stage fund,......
Prosper Utilizes FICO Scores to Improve Financial Inclusion and Expand Credit Services
Lending News

Prosper Utilizes FICO Scores to Improve Financial Inclusion and Expand Credit Services

Business Wire
Pioneer of peer-to-peer lending marketplace in the United States wins FICO® Decisions Award for Financial Inclusion Prosper, the first peer-to-peer lending marketplace in the United States, has used FICO Scores for its new Prosper Card to extend credit services to over 200,000 near-prime customers and proactively manage credit line changes......
REPAY Announces Integration With Q2’s Digital Banking Platform
Banking News

REPAY Announces Integration With Q2’s Digital Banking Platform

Business Wire
Financial Institutions can now provide REPAY’s payment solution to their users through Q2’s Digital Banking Platform Repay Holdings Corporation, a leading provider of vertically-integrated payment solutions, announced its integration with Q2’s Digital Banking Platform, via the Q2 Partner Accelerator Program. Q2 Holdings, Inc. is a leading provider of digital transformation solutions......
Role of Back-office Automation Software In Insurance And Mortgage Industry
Banking Commerce Featured Fintech Primers InsurTech Mortgage

Role of Back-office Automation Software In Insurance And Mortgage Industry

Pooja Choudhary
This is a piece with impeccable data sanity along with a combination of a few interesting splices and dices of information for a data geek like me. What’s the lesson here? Let’s scroll down. This exciting digital world, and the speed at which technology is being adopted, are enabling the......
Bread Financial Releases 2022 ESG Report, Showcases Progress Amid Multi-Year Business Transformation
Digital Payments Finance News

Bread Financial Releases 2022 ESG Report, Showcases Progress Amid Multi-Year Business Transformation

Business Wire
Tenth annual report highlights progress within environmental, social and governance initiatives, while supporting long-term financial and reputational goals Bread Financial, a tech-forward financial services company providing simple, personalized payment, lending and saving solutions, released its 2022 Environmental, Social and Governance (ESG) Performance Report, highlighting the significant progress made against Bread......
Citi Retail Services Expands Embedded Payment Capabilities with Citi Pay
Digital Payments News

Citi Retail Services Expands Embedded Payment Capabilities with Citi Pay

Business Wire
The Family of Products Provides Increased Budgeting and Financing Flexibility to Customers at Checkout As a leader in U.S. payments, Citi Retail Services, one of North America’s largest and most experienced retail payments and credit solution providers, is expanding its embedded payments strategy with its suite of Citi Pay products.......
Wolters Kluwer Offers Risk and Compliance Insights on Recent Bank Failures
News Risk Management

Wolters Kluwer Offers Risk and Compliance Insights on Recent Bank Failures

Business Wire
Recently published commentaries offer context, perspective in wake of banking disruptions Recently published commentary by Wolters Kluwer regulatory and risk management experts is helping shed light on not only the likely causes behind several recent bank failures, but the warning signs evident as these failures first materialized—as well as suggestions......
FVCbank Simplifies and Streamlines Lending for Smaller Businesses
Banking Lending News

FVCbank Simplifies and Streamlines Lending for Smaller Businesses

Business Wire
Fairfax-based FVCbank introduced the newest technology to make borrowing easy for business clients. By introducing the Lightning Lending program to its portfolio of technologically-efficient banking products, the commercial community bank continues its strategic commitment to transitioning from a traditional banking model to a more sophisticated fintech bank of the future,......
Truv Acquires Credegraph to Continue Modernizing the Lending Verification Experience
Banking News

Truv Acquires Credegraph to Continue Modernizing the Lending Verification Experience

Business Wire
Truv and Credegraph will remove the burden placed on lenders to interpret complex banking transaction data by adding over 2,200 unique credit attributes to its financial accounts income and transactions products Truv announces its acquisition of the credit decisioning platform Credegraph. Credegraph cleanses raw banking transactions to derive over 2,200......
Chargebacks911 Calls for Regulatory Discretion as Fintech Industry Expands
Fintech News

Chargebacks911 Calls for Regulatory Discretion as Fintech Industry Expands

“The Federal Trade Commission is committed to protecting consumers in the fast-moving realm of . . . FinTech.”(1) Indeed, the FTC has brought actions against companies across the FinTech industry, from mobile payment providers (PayPal) to virtual currencies, in an effort to clamp down on FinTech companies. Chargebacks911 Founder Monica......
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