Surge in B2B Embedded Finance Demand: Galileo & Juniper Research
October 3, 20226 min
New Data Shows B2B Businesses Choose Fintechs as their Preferred Embedded Finance Provider as Use Cases Expand
BNY Mellon Adds New ESG Ratings to Securities Lending
September 30, 20223 min
BNY Mellon today announced new enhancements to its securities finance platform to help clients analyze their agency securities lending program alongside their sustainability goals. The announcement comes as stakeholder demands for increased transparency in connection with environmental, social and governance (ESG) investing are growing for firms across the globe. Delivered through an interactive dashboard, clients can apply ESG scores based on third-party data across their lendable portfolio, collateral and cash investments to help them evaluate...
Stellus Capital Management Announces Key Hires
June 23, 20223 min
Stellus Capital Management, LLC (“Stellus”), a leader in middle market direct lending, today announced the hiring of Bill Haverland as Principal and Casey Carroll as Vice President, Investor Relations. “With their many years of credit, private equity and investment banking experience, we are very pleased to have Bill and Casey join the Firm,” said Robert T. Ladd, Managing Partner at Stellus. “Bill and Casey will provide our private equity clients and investors the high caliber...
LendKey Selects Unqork as its No-Code Platform Provider
March 16, 20225 min
Partnership to Accelerate LendKey’s Lending Solutions Technology and Provide Increased Value for Affiliate Partners and Customers LendKey, a leader in managing digital lending networks for credit unions and banks, today announced a partnership with Unqork, the leading no-code enterprise application platform. The new partnership positions LendKey to accelerate its direct and indirect lending solutions and provide its 335 lending partners with stronger tools for balance sheet optimization, liquidity management, and more streamlined reporting. With Unqork’s...
Realogy Continues Deleveraging with Term Loan Repayments
September 20, 20213 min
Realogy Holdings Corp. (NYSE: RLGY), the leading and most integrated provider of U.S. residential real estate services in the United States, today announced that it has repaid an aggregate of $435 million of outstanding borrowings under its term loan facilities as of September 16, 2021. The debt repayment was funded with cash on hand. The repayments satisfy in full the $197 million principal amount of outstanding borrowings under its non-extended Term Loan A facility due February 2023 and the $238 million principal amount of outstanding borrowings under...
Ignite Sales Taps Fintech Expert Kenneth Patrick
August 11, 20214 min
Fiserv Alum to Support Rapid Adoption of Ignite’s Customer Engagement Platform Ignite Sales, Inc., the leader in retail banking customer engagement and retention technology, today announced the appointment of G. Kenneth Patrick to Chief Growth Officer. In this role, Ken will steer all of Ignite’s business development activities, including sales and partnerships for Ignite’s award-winning customer engagement platform. “Ken has a strong strategic understanding of the financial and technology needs of banks and credit unions...
Mike Linton and Pamela Hughes Patenaude to join loanDepot
August 2, 20219 min
Linton’s extensive consumer experience and Patenaude’s deep housing sector expertise to strengthen loanDepot’s offering and accelerate strategic growth loanDepot, Inc. (the “Company,”NYSE: “LDI,” together with its subsidiaries, “loanDepot”), the nonbank lending innovator that is using its proprietary mello® technology to transform the mortgage industry, today announced the appointment of Mike Linton, a consumer and product marketing expert, and Pamela Hughes Patenaude, a prominent housing policy expert and former deputy secretary of the U.S. Department of Housing and Urban Development, to...
Roostify Named 2020 Google Cloud Technology Partner
July 26, 20214 min
Roostify, a premium home lending technology provider, is pleased to announce that it has been named recipient of the 2020 Google Cloud Technology Partner of the Year Award for AI and ML for its enhanced document intelligence capabilities. Google Cloud’s award recognizes Roostify’s achievements in the Google Cloud ecosystem, specifically the company’s efforts developing solutions that replace the need for manual data entry throughout the home lending application process. Roostify’s proprietary platform eliminates repetition, operational...
Digital lending offering gives shoppers longer loan term options as e-commerce rises Ally Lending, the personal lending arm of Ally Bank, a subsidiary of Ally Financial Inc. (NYSE: ALLY), now offers its financing on retail payments platform Sezzle. The first integration of its type for Sezzle – select shoppers can now choose to pay over time using Ally’s longer-term, fixed-rate installment loans or Sezzle’s buy-now-pay-later, installment offerings. Ally’s financing extends to purchases up to $40,000 with 3-60-month terms. The launch...
TurnKey Lender Partners with Globe Telecom
April 13, 20213 min
TurnKey Lender is pleased to welcome Globe Telecom as a new addition to its rapidly expanding client family. Globe Telecom, one of leading mobile telecommunication companies in the Philippines, joins more than 170 lenders worldwide that rely on TurnKey Lender’s software platform for best-of-breed digital lending services, from origination and underwriting to repayment and reporting. “Globe, a world-class telecom, was looking for a loan processing platform that could easily keep up with its extremely high transaction volumes,” said...