Tag : mortgages

Visa Launches Program to Help Minority Depository Institutions Drive Economic Mobility
Digital Payments News

Visa Launches Program to Help Minority Depository Institutions Drive Economic Mobility

Fintech News Desk
by Fintech News Desk0
Visa will invest up to $100 million via deposits with MDIs and Provide Tools and Capacity Support to Minority-Led Banks Visa, a leading global payments technology company, announced the launch of Visa Minority Depository Institutions Accelerate, a new program to help reduce economic disparities and expand access and opportunity in......
Digital Legacy Vault Innovator Biscuit Tin Secures Investment Round
Investment Services News

Digital Legacy Vault Innovator Biscuit Tin Secures Investment Round

Fintech News Desk
by Fintech News Desk0
Velocity Capital leads investment alongside Scottish Enterprise Digital legacy vault innovator Biscuit Tin has secured a £300,000 investment round, with Velocity Capital leading the investment alongside Scottish Enterprise and private investment. The funding will support product development and a series of hires. “Velocity is delighted to be working with Sheila as she tackles a......
ING in Exclusive Discussions With Boursorama to Offer Banking Solution to ING’s Retail Customers in France
Banking News

ING in Exclusive Discussions With Boursorama to Offer Banking Solution to ING’s Retail Customers in France

Fintech News Desk
by Fintech News Desk0
ING in exclusive discussions with Boursorama to offer banking solution to ING’s retail customers in France ING and Societe Generale announced that a Memorandum of Understanding was signed on 31 January between ING and Boursorama (subsidiary of Societe Generale) to offer banking solutions to ING’s retail customers in France. The intention of both......
The Bank of Åland Will Transfer Most of Its Swedish Mortgage Portfolio to Borgo AB
Banking Mortgage News

The Bank of Åland Will Transfer Most of Its Swedish Mortgage Portfolio to Borgo AB

Fintech News Desk
by Fintech News Desk0
On January 20, 2022, the Board of Directors of the Bank of Åland (Ålandsbanken) decided to carry out the transfer of most of the Bank’s Swedish mortgage portfolio and previously issued Swedish covered bonds to the Swedish company Borgo AB. This transaction is subject to approval by the Financial Supervisory......
Cooley Expands Financial Services Capabilities With Top Litigation Team
Finance News

Cooley Expands Financial Services Capabilities With Top Litigation Team

Fintech News Desk
by Fintech News Desk0
Michelle Rogers, Katherine Katz and Joshua Kotin have joined Cooley as partners in the firm’s elite financial services practice, where they will focus on defending clients in government enforcement actions and litigation. Katherine Halliday is also joining the team as a special counsel. Arriving from Buckley, the group brings extensive experience defending clients in high-stakes......
ProTitleUSA Acquired Document Preparation and Recording Company to Extend Integrated Search
Mortgage News

ProTitleUSA Acquired Document Preparation and Recording Company to Extend Integrated Search

Fintech News Desk
by Fintech News Desk0
ProTitleUSA has completed an acquisition of document preparation and recording firm, DocSolution, Inc., by Charles A. Brown and Associates, PLLC. The new company will continue operating under DocSolutionUSA, LLC dba DocSolution Inc, subsidiary of ProTitleUSA with the same staff in place, located in Pasadena, Texas. DocSolution, Inc. provides a wide......
Credible Acquires Digital Insurance Platform Young Alfred to Further Expand Its Consumer Finance Marketplace
InsurTech Lending Mortgage News

Credible Acquires Digital Insurance Platform Young Alfred to Further Expand Its Consumer Finance Marketplace

Fintech News Desk
by Fintech News Desk0
Acquisition adds personal lines insurance to Credible’s student loans, personal loans and mortgage marketplace Credible, the digital lending marketplace, is pleased to announce the acquisition of Young Alfred, a digital insurance marketplace. Credible provides consumers with personalized and prequalified rate options when shopping for student loans, personal loans, and mortgages. This......
Juniper Research: Open Banking-facilitated Payments to Exceed $116 Billion by 2026, as APIs Threaten to End Card Dominance
Banking Digital Payments News

Juniper Research: Open Banking-facilitated Payments to Exceed $116 Billion by 2026, as APIs Threaten to End Card Dominance

Fintech News Desk
by Fintech News Desk0
A new Juniper Research study found that the value of global payment transactions facilitated by Open Banking will exceed $116 billion in 2026, from just under $4 billion in 2021. This extraordinary growth rate of over 2,800% over the next five years will be driven by increasing user awareness of Open Banking......
Ocwen Financial Announces Closing With Reverse Mortgage Solutions to Acquire Reverse Mortgage Servicing and REO Platforms
Investments Mortgage News

Ocwen Financial Announces Closing With Reverse Mortgage Solutions to Acquire Reverse Mortgage Servicing and REO Platforms

Fintech News Desk
by Fintech News Desk0
Ocwen Financial Corporation, a leading non-bank mortgage servicer and originator, announced that its wholly-owned subsidiary, PHH Mortgage Corporation (“PHH”), has completed the previously announced transaction with Reverse Mortgage Solutions, Inc. (“RMS”) and its parent, Mortgage Assets Management, LLC (“MAM”), to acquire substantially all of the RMS reverse mortgage servicing platform......
Citi, IFC and Global Bank Partner to Finance Women’s Economic Empowerment in Panama
Banking Mortgage News

Citi, IFC and Global Bank Partner to Finance Women’s Economic Empowerment in Panama

Fintech News Desk
by Fintech News Desk0
Proceeds from Landmark $90 Million Loan to Finance Low-Income Mortgages for Women-Led Households and Women-Owned Enterprises Citi, Global Bank and the International Finance Corporation (IFC) have partnered to provide more mortgages and Small Medium Enterprise (SME) business loans to women. “We can truly say we are delivering with pride together......
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