Mastercard acquires Vyze for point-of-sale financing
The ai Corporation has also implemented Mastercard’s Pay by Bank feature.
Lending
Finicity Partners accelerates Pulte Mortgage’s asset verification
Reducing the time-consuming, manual, and paper-intensive process “from weeks to minutes”.
Forward Financing to build on growth with $90m credit facility
Deal is described as “transformative” for the company.
Kabbage pulls in $700 million in debt funding
It claims to be the largest asset-backed securitization by a small business online lending platform to date.
Upstart raises $50m investment and lands new bank contracts
AI lending platform wants to expand its applications.
Affirm thrives with $300m Series F funding
The Californian firm offers point-of-sale financing.
OnDeck acquires Evolocity
Catering for small businesses in Canada.
StreetShares to launch credit cards for veteran-owned businesses
A new credit card for the 2.5 million veteran-owned small businesses in the US.
Canada Life moves to UK with Temenos’ tech support
The Multifonds Global Accounting platform will consolidate investment assets.
Synchrony picks Fundbox to provide B2B credit for merchants
Merchants can apply for up to $100,000 credit.
FCA seeks to address mortgage switch difficulties
To free mortgage prisoners from bad loan assessment processes.
Blue Sage integrates Capsilon’s tech to lending platform
The integration will help with document recognition and data extraction technology.
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Credijusto closes $100m credit facility with Goldman Sachs
The Mexican lendtech provides SMEs with credit.
Amount to power TD Bank’s digital lending platform
The first in a series of collaborative initiatives.
Apple announces digital credit card
To launch in summer, supported by Goldman Sachs.
Wolters Kluwer gets new credit union win in Florida
Grow Financial Credit Union is implementing lending and compliance solutions in 26 branches.
Temenos gains new business from Akcelerant-derived user base
Maps Credit Union, Hudson Heritage Federal Credit Union and Guardian Credit Union.
Client experience: hallmark of the digital credit and lending journey
What is the Holy Grail of credit and lending transformation?
CULedger teams up with IBM for blockchain network
A cooperative model designed for credit unions and SMEs.
First State Community Bank picks Jack Henry’s lending suite
New tech is provided by Jack Henry’s ProfitStars division.
Great member expectations for Fiserv’s double win
New US deals with HealthCare First Credit Union and Portland Local 8 Federal Credit Union.
AI Foundry creates new mortgagetech solutions
Designed to speed up the pre-approval and underwriting approval process.
US mobile banking start-up Chime rings in $200m funding
The challenger is now valued at $1.5 billion.
White paper: Intelligent business software solutions enabling fintech companies to grow
How can you grow your fintech firm with a business software solution?
Go Figure! US lendtech gets $65m funding
Brings its total funding to $120 million for its second year of operations.
New Valley Bank & Trust gears up for launch in Massachusetts, selects new lendtech
New Valley Bank & Trust has selected Baker Hill NextGen for its commercial and small business lending operations.
HSBC mixes with NepFin for middle market move in US
American firms via NepFin can now tap into HSBC’s commercial banking services and its network.
AI Foundry and Ellie Mae use AI for speedy lending
Two firms will integrate their technologies for mortgage origination process.
Will challenger banks motivate change?
The need for digital transformation has been obvious for years and the window of opportunity is about to close.
Apple and Goldman Sachs to unleash iPhone/card combo
Credit cards will be rolled out to employees for testing in next few weeks.
Fintech charms US state regulator into modelling
Conference of State Bank Supervisors will implement changes based on feedback.
Big banks bond with CommonBond for $750m lending spree
US firm to use money for in-school student lending businesses.
Thoma Bravo to acquire US lendtech Ellie Mae for $3.7bn
Private equity investment firm makes an all-cash transaction.
Canadian challenger Motusbank moves in
Ontario credit union Meridian unveils its new digital bank.
Possible Finance definitely raises $4m funding
Stunning Seattle-based lendtech looking for fintech nirvana.
New York’s a wonderful town for Fiserv DNA
Fiserv signs its largest core processing deal with New York Community Bancorp.
Student loan firm Climb-s to $50m funding
US company gets investment from Goldman Sachs.
Video: Banking Technology Awards 2018 highlights
Check out the highlights of our glamorous event which took place on 13 December 2018 in London.
US lendtech CuneXus signs 100th customer
Happiness is a hundred for California-based lending platform.
