Tag : Lending

Prodigal Introduces Results-Focused Strategic Intelligence Built on Proprietary AI for Consumer Finance
Finance News

Prodigal Introduces Results-Focused Strategic Intelligence Built on Proprietary AI for Consumer Finance

PR Newswire
by PR Newswire0
By leveraging its unique AI, custom-trained on over 400 million consumer conversations and interactions, Prodigal delivers dynamic new scores and reports based on the most valuable source of information they have – their own customer data. Prodigal, the pioneer of consumer finance intelligence, announces the launch of a suite of......
Synchrony and Ally Financial Reach Agreement on Sale of Ally's Point-of-Sale Financing Business
Finance News

Synchrony and Ally Financial Reach Agreement on Sale of Ally’s Point-of-Sale Financing Business

PR Newswire
by PR Newswire0
Acquisition Enhances Synchrony’s Reach and Scale in Home Improvement and Health and Wellness Financing;  Sale Enables Ally To Invest Its Resources in Growing Scale Businesses and Strengthening Relationships with Dealer Customers and Consumers Synchrony and Ally Financial announced that they have entered into a definitive agreement for Synchrony to acquire......
A Startling 85% of Homebuyers in Texas Overpay for Their Mortgage Rate
Lending Mortgage News

A Startling 85% of Homebuyers in Texas Overpay for Their Mortgage Rate

PR Newswire
by PR Newswire0
Competitive Home Lending is committed to increasing awareness that could save the average homebuyer thousands of dollars on their home loan. The top ten mortgage lenders make up over 47% of the market share. Aside from excellent customer service and great mortgage loan programs, these leading companies extend lower wholesale......
DataLend: Securities Lending Revenue in 2023 Reached Modern Record of $10.7 Billion, Up 8.6% Over 2022
Lending News

DataLend: Securities Lending Revenue in 2023 Reached Modern Record of $10.7 Billion, Up 8.6% Over 2022

PR Newswire
by PR Newswire0
Strong performances of North America and APAC equities, global corporate debt drove revenue to historic high AMC stock generated $511 million in revenue for lenders, most of any security globally The global securities finance industry generated $10.7 billion in revenue for lenders in 2023, according to DataLend, the market data service of fintech EquiLend. The figure......
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......
Goodfood Market Corp. Extends Credit Support From Desjardins Capital Markets and Investissement Québec.
Lending News

Goodfood Confirms Support from Key Lending Partners as it Extends and Amends Credit Facilities

GlobeNewswire
by GlobeNewswire0
Goodfood Market Corp, a leading Canadian online meal solutions company, reached an agreement for an extension of its credit facility with Desjardins Capital Markets and Investment Québec. The facility will now provide bank financing totalling approximately $5 million consisting of a $2.1 million term loan, a $1.3 million revolving credit......
Leading AI Decisioning Platform Rich Data Co Successfully Raises $17.5 Million in Series B Round
Lending News

Leading AI Decisioning Platform Rich Data Co Successfully Raises $17.5 Million in Series B Round

PR Newswire
by PR Newswire0
Rich Data Co (RDC) a leading AI decisioning platform that helps banks make high-quality lending decisions efficiently and safely – has successfully raised US$17.5m in its Series B round. The funding round was led by major Australian bank Westpac and global leader in cloud banking nCino, and supported by a reinvestment from......
Wealthfront Now Oversees More Than $50 Billion in Client Assets and is on Track to Grow Revenue by Over 140% in 2023
Finance Fintech News

Wealthfront Now Oversees More Than $50 Billion in Client Assets and is on Track to Grow Revenue by Over 140% in 2023

PR Newswire
by PR Newswire0
The company’s focus on client trust, automation, and an expanded product line have created a highly profitable and growing business Wealthfront, a leading consumer fintech and pioneer of the robo-advisor industry, is proud to announce that the company now oversees more than $50 billion in assets for over 700,000 clients, largely young......
ParaSwap Enhances Mobile DeFi On-Ramp Experience with Transak
DeFi News

ParaSwap Enhances Mobile DeFi On-Ramp Experience with Transak

GlobeNewswire
by GlobeNewswire0
ParaSwap, a leading decentralized finance (DeFi) aggregator with a total volume processed of over $54 billion, unveiled its integration of Transak, the leading crypto on/off ramp solution. This integration makes Transak the preferred on-ramp solution in ParaSwap’s iOS mobile wallet. This collaboration is poised to transform the accessibility of DeFi,......
WeBank's Distributed Tech Brand “Openhive” Is Unveiled in a Recent BCG Report
Banking News

WeBank’s Distributed Tech Brand “Openhive” Is Unveiled in a Recent BCG Report

PR Newswire
by PR Newswire0
WeBank, the world’s leading digital bank, has been featured in the Digital Lending Can Turn the Dial on Financial Access for MSMEs report, recently published by the ASEAN Business Advisory Council (ASEAN-BAC) and Boston Consulting Group (BCG). The report recognizes WeBank’s performance of delivering Openhive-based distributed digital banking services to ensure......
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