Angel Oak Home Loans Hires Veteran Area Manager, Seizes Growth Opportunity in Florida
March 18, 20205 min
Todd Matthews brings over 20 years of leadership experience to Angel Oak’s new West Palm Beach branch
FinTech Breakthrough Names Experian Boost™ as Winner of the Consumer Lending Innovation Award
March 13, 20205 min
Experian Boost recognized in prestigious international 2020 FinTech Breakthrough Awards program
BlueKey Equity Partners Invests in Chipper
March 12, 20204 min
Platform Helps Students Pay Off Debt Faster and Easier
Kreditech Rebrands to Monedo as It Steps Up Growth in International Lending Markets
March 11, 20206 min
International online direct lender and Point-of-Sale (POS) financing provider Kreditech today announced it is rebranding its name to Monedo, as it looks to further grow its position in the Indian, Polish, Russian and Spanish near-prime lending markets. While announcing the rebrand, David Chan, the Chief Executive of Monedo, also announced that the company is on target to achieve a positive Adjusted Operating Cash Flow in the fourth quarter of 2020, while delivering revenues of EUR 43 million in...
ValueLink Wins the Most Innovative Technology Leader Award – 2020 HWTech100 Mortgage
March 11, 20203 min
ValueLink Software, the Leading Automated Appraisal Solutions Provider, today announced that it has been recognized as a winner by HousingWire's 2020 HW Tech100 for its continuous efforts to improve the valuation process through Automation and Digitization.
PNC Changes Prime Rate
March 5, 20201 min
PNC announced a decrease in its prime lending rate. The new rate of 4.25% is effective tomorrow, March 4, 2020. The PNC Financial Services Group, Inc. (NYSE: PNC) is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance...
QCash Financial Announces New Client: Tropical Financial Credit Union
February 25, 20204 min
QCash Financial announces the signing of our newest client, Tropical Financial Credit Union (TFCU), headquartered in Miramar, Florida, with $700 million in assets. TFCU has retained QCash Financial to help them launch a small dollar, personal lending program for their more than 65,000 members. This product is designed to help their members deal with unexpected cash needs with a mobile-friendly and instantaneous application process. “We know when our members need a personal loan they don’t expect the process...
Priority One Credit Union Selects Symitar for Open Infrastructure and Usability
February 24, 20204 min
Credit union aims to improve internal processes and boost member efficiencies with new core platform
Suning Finance Receives AAA Rating for Domestic Credit
February 24, 20204 min
On February 14th, Suning Finance entered the ranks of the highest domestic credit rating for the first time. Its long-term credit rating was determined as AAA, and its rating outlook was “stable”. Currently, only 52 private enterprises nationwide have received AAA ratings. It means that Suning Finance has obtained the same credit rating as large state-owned commercial banks and national joint-stock commercial banks. Regarding the above decision, United Credit believes that Suning Finance has a strong...
Vast Majority of Credit-Challenged Consumers Remain Locked out of Traditional Credit Markets
February 21, 20205 min
OppLoans, a leading financial technology platform that serves middle income, credit-challenged consumers, released its latest insights on sub-36% APR loan availability for non-prime consumers through the first month of 2020. Through OppLoans’ proprietary TurnUp referral program – in which OppLoans checks the market voluntarily on behalf of applicants for sub-36% APR small dollar installment loans with approximately 15 near-prime lenders before presenting options through the OppLoans’ platform – the fintech firm is able to offer...