IHS Markit hits the mark with syndicated loan market data platform
First of its kind, it combines data drawn directly from approximately 150 agent banks.
Lending
Student Loan Genius cleverly relaunches as Vault
“We’ve changed our name to reflect that we’ve honed our focus.”
Case study: Home Credit – to its credit
Life is good at the heart of Europe.
Avoka invokes app digitisation for First Tech FCU
Digitises account opening for more than 40 offerings at US credit union.
Fintech Bread lands $60m funding
Bread’s revenue has increased fivefold so far this year.
Scratch that lendtech itch with new loan servicing platform
US start-up automates back-office “complexities” of loan management.
Finicity cosies up to Capsilon for mortgage magic
Verification of Assets solution meets borrower and loan officer workspaces.
Thinking Capital and National Bank to offer funding to Canada’s SMEs
Bank meets fintech. A love story for the 21st century.
Innovating and transforming the core credit and lending process globally
Spotlight on Austria, UK and US based Automated Financial Systems (AFS) and its lendtech.
Valley National Bank goes digitally deep with SAP and Axxiome
Oklahoma-based bank just can’t say no to a major revamp.
Fiserv fires up new digital loan origination system
Maryland-based Hamilton Bank is first bank to beta test it.
SynapseFI raises $17m in new funding
It’s making public what insiders have known for months.
CAN Capital receives $287m financing facility
Money courtesy of alternative asset manager Varadero Capital.
EasyMoney hooks up with HooYu for identity verification
Since the integration of P2P lending, EasyMoney needs to up its KYC and AML game.
Funding Circle plans to raise £300m in IPO
Lending platform’s plan was first revealed in January. Now it’s official.
Top fintech stories this week – 31 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Salary Finance raises $20m funding to launch in US
UK personal finance firm wants to make waves across the Atlantic.
Diebold Nixdorf receives $650m capital commitment
The loan is coming from two unidentified, institutional lenders.
PromonTech checks out FormFree’s AccountChek
Mortgagetech integrates its POS solution into asset verification service.
US lender receives Series C $62m funding Upgrade
Financing led by CreditEase Fintech Investment Fund.
Finastra totally powers Unity Bank lending in US
Total Lending solution to be used for commercial and consumer ops.
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First Data teams with Ellie Mae for lending payments
Customers can accept payment for costs related to loan origination and processing.
Credit Karma acquires US lendtech Approved
Making mobile mortgages happen in San Francisco and San Diego.
Canadian lendtech Progressa feeling progressive with $84m funding
Funding round co-led by Canaccord Genuity and Gravitas Securities.
Roostify crows about new Adapt mortgage tool
Adapt helps lenders who have complex workflows.
Seasons FCU warms to Bankjoy’s digital banking
Connecticut credit union falls for mobile and digital banking tech.
SS&C speeds up Velocity’s lendtech makeover
US lender signs multi-year agreement with SS&C’s Evolv platform.
Q2 to acquire Cloud Lending Solutions
Digital banking solutions provider loves the lending look.
Mortgagetech Blend launches insurance agency
Wants to offer the right blend of mortgages and insurtech.
TransUnion teams with EXL for CECL compliance
Credit reporting agency and analytics company are an item.
Teacher’s pet RightCapital unveils student loan functionality
Back to school season is getting started a little early.
Wells Fargo customers lose homes due to IT glitch
The bank incorrectly denied hundreds of people mortgage modifications.
Ion Bank charges up with Jack Henry’s lending solution
US bank will use ProfitStars for commercial lending.
NestReady teams with Alterna Savings for home buying
Start-up will help credit union’s clients find their new home.
US Treasury seeks fintech industry to treasure
Plans to make regulatory landscape better.
Tavant powers Ditech’s new mortgage POS system
Technology from Tavant is playing a role in the comeback of mortgage lender Ditech.
Microsoft and Nationwide invest $12m in SME lender BlueVine
Takes the company’s total funding to $590 million. Ye gods!
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How loan providers will be using blockchain
The concept of blockchain is still very alien to many.
