Happy Money Appoints Matt Potere as Chief Executive Officer
August 28, 20244 min
Industry veteran joins fintech to drive next chapter of company growth, help financial partners scale through unsecured lending technology
TidalWave & Freddie Mac to optimize lender and borrower engagement
August 13, 20243 min
TidalWave, a leading innovator in the financial technology sector, is proud to announce that its purposely built AI copilot engine SOLO™ is now integrated with Loan Product Advisor® (LPA℠), Freddie Mac’s automated underwriting system (AUS). Through this integration, SOLO™ now has the capability to obtain a real-time LPA assessment, helping lenders to better guide their borrowers through the mortgage application process, starting from pre-approval, and to streamline their loan approval process. TidalWave’s SOLO™ is designed to be highly flexible, accommodating...
Acuity Knowledge Partners Launches AI-Driven Credit Report Solution
August 12, 20244 min
Tailored solution boosts productivity and efficiency in the credit review process
Numerated, Validis to Expand Footprint in Lending & Financial Analysis
August 5, 20245 min
Numerated, a leading fintech providing modular commercial lending solutions, is excited to announce a strategic partnership with on-demand accounting data provider Validis. This collaboration will provide lenders with the same intuitive experience now with expanded data sets, stronger financial analysis capabilities and the highest quality credit decisions. Key Highlights of the Partnership: Enhanced Risk Mitigation: The partnership will significantly expand Numerated’s data coverage, enabling more comprehensive and accurate financial analysis and risk mitigation. Advanced Analytics:...
Nova Credit, the credit infrastructure and analytics company that enables businesses to grow responsibly with alternative credit data, has announced the appointment of Nichole Mustard, co-founder and former Chief Revenue Officer of Credit Karma, to its board of directors. Having co-founded Credit Karma, one of the leading credit insights providers, Nichole is an industry titan, whose work in scaling the company gave it a platform to provide millions of Americans with a deeper understanding of...
Inaugural event will gather industry leaders to discuss the capabilities and challenges of implementing cash flow underwriting as consumer lending adopts new data beyond credit scores.
Lloyds Bank and Oaktree Capital Management, L.P. have announced a strategic partnership (the “Partnership”) to support UK middle-market sponsor-backed borrowers. Lloyds Bank Structured Debt Finance team will partner with Oaktree’s European Private Debt platform to provide clients with a comprehensive senior debt solution for new buyouts and refinancings with term debt, acquisition and working capital facilities in addition to agency and full ancillary product services. Building on Lloyds Bank’s 20-plus-year track record supporting sponsor-backed UK...
Applied Data Finance Appoints Joseph Toms as CEO
July 9, 20244 min
Seasoned consumer finance executive succeeds Co-Founder Krishna Gopinathan, who will remain on ADF’s Board
New business to provide growth capital for private-equity-backed companies
Upstart launches Recognized Customer Personalization
April 26, 20245 min
Upstart, the leading artificial intelligence (AI) lending marketplace, announced the launch of Recognized Customer Personalization (RCP). This new feature of the Upstart Referral Network enables banks and credit unions to present a customized loan offer to their existing customers who are looking for a loan on Upstart.com. More than 20 lenders within Upstart’s network have already opted into RCP. With this capability, lenders can identify when an existing customer is actively shopping for a loan,...