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Prosper Study: Many Consumers Worry Income Isn’t Keeping Up with Inflation

PRNewswireApril 3, 20254 min
Prosper Marketplace, the first peer-to-peer lending platform in the United States, has announced the results of its “Economic Perceptions & Personal Finance” study, which indicate a significant decline in financial confidence among consumers. The survey found 46% of consumers feel their income has not kept up with inflation, and only 31% believe their personal finances are better than they were before the COVID-19 pandemic. “No one can serve consumers effectively without knowing what their concerns and...

Ocrolus & Entech unite to power AI-driven income verification for lending

PRNewswireMarch 27, 20255 min
Ocrolus, a leader in AI-driven document automation and analysis for financial services and Entech, a global digital consultancy, today announced a strategic partnership to transform the lending application process. By combining Ocrolus’ intelligent document processing technology with Entech’s loan origination platform and technology services, lenders can accelerate application reviews, automate manual steps and improve data accuracy. “Lenders today need speed, accuracy and integrated risk controls to remain competitive,” said Angel Carra, Chief Operations Officer at Entech. “Through...

Vanguard Expands Fixed Income Lineup with New Actively Managed Bond ETF

PRNewswireJanuary 13, 20254 min
Vanguard today announced plans to introduce Vanguard Short Duration Bond ETF (VSDB), an active fixed income ETF that will be managed by Vanguard Fixed Income Group. Vanguard intends to launch the ETF in early April of this year. “The addition of VSDB to our line up underscores Vanguard’s commitment to meeting the needs of our clients, providing them with access to Vanguard’s world-class active investment talent at a low cost with the convenience and flexibility...

The Sortis Income Fund available on Templum One

PRNewswireNovember 14, 20233 min
Templum, Inc. (“Templum”), the operating system for private markets and alternative assets™ announced that investors can now access the Sortis Income Fund (SIF), an alternative debt fund for commercial real estate, with a focus on Western US markets on Templum One. Templum One has revolutionized private and alternative securities markets by seamlessly linking issuers, such as Sortis, with a diverse array of investors through a cutting-edge, cloud-based platform. This digitally native solution facilitates interaction among...

Strive launches Actively Managed Fixed Income Funds

BusinessWireAugust 11, 20237 min
Strive, an asset management firm on a mission to maximize shareholder value by leading companies to focus on excellence is proud to announce the launch of its first actively managed fixed-income funds – the Strive Total Return Bond ETF (STXT) and the Strive Enhanced Income Short Maturity ETF (BUXX). These strategic additions to Strive’s suite of offerings aim to provide investors with essential core choices to construct robust portfolios that prioritize financial performance. The Strive...
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