Finastra, NTT DATA Expand Lending Cloud to Transform Banking
A strategic partnership to reshape lending infrastructure, accelerating the global rollout of cutting-edge managed services for the financial services sector
A strategic partnership to reshape lending infrastructure, accelerating the global rollout of cutting-edge managed services for the financial services sector
Comvest Credit Partners, a leading middle market direct lending private credit manager with $14.7 billion of assets under management on its platform, announced today that it has signed a definitive agreement with Manulife, through its Global Wealth and Asset Management segment, to sell a 75% stake in its private credit business. As part of the agreement, Manulife’s existing Senior Credit team managing $3.7 billion AUM will align with the Comvest team to create a stand-alone...
HSLC, $227 million community bank serving Ohio and Kentucky, will reduce commercial loan processing time from days to hours after implementing Vine’s AI-powered lending platform. The 130-year-old institution expects to eliminate manual document processing while improving accuracy across its commercial real estate, equipment financing, and agricultural lending portfolio. Based in Kenton, Ohio, HSLC recently opened branches in Lexington, Ky., where it does a majority of its business lending. The bank offers commercial loans for everything...
The AI-mortgage lender has been recognized as a finalist for the “Best Consumer Lending Solution” category highlighting its groundbreaking digital mortgage experience
Merso officially launches the world’s first AI-powered lending infrastructure purpose-built for digital assets. Backed by $3 million in seed funding from founders and strategic investors, Merso is introducing a new paradigm in credit: one that is centered not on borrowers, but on the assets themselves. Founded in August 2023, Merso has spent two years building and training its proprietary AI engine — using billions of on-chain transactions and digital asset behaviors as its foundation. The result is an infrastructure...
Applied Data Finance (ADF), a fintech innovator dedicated to expanding fair and responsible credit access for underestimated U.S. consumers through AI-powered underwriting, today announced appointments to its executive and leadership teams, further solidifying its commitment to providing scalable, transparent, and data-driven lending solutions. Deena Narayanaswamy Appointed EVP of Credit Risk Deena Narayanaswamy has nearly two decades of experience in credit risk management and data science, having held senior roles at top fintech and financial services companies....
Capstone Strategic proudly announces its role as the exclusive M&A advisor to Janusea, a fintech CUSO that enables seamless integration between credit union cores and fintechs, in its acquisition by Kinective, a leading provider of connectivity, workflow, and analytics solutions for financial institutions. The transaction represents more than a financial milestone, as it highlights Capstone’s unique ability to help visionary organizations grow with purpose, identifying opportunities beyond the obvious and guiding clients toward partnerships that deliver long-term...
Florida's bank of choice, Amerant, joins growing network of forward-thinking institutions using SavvyMoney, set to launch comprehensive financial wellness solutions in 2025
Appointments of Marie Johnson Wick and Lisa Alberti Support Growth Strategy in Construction Lending Sector TrustPoint Technologies, Inc., the leader in AI-powered SaaS technology for construction and renovation loan management, today announced the appointments of Marie Johnson Wick as Head of Sales and Lisa Alberti as Head of Client Relationships. These strategic hires support TrustPoint’s next phase of growth and deepen its leadership capacity as the company scales its go-to-market and client relationship teams. “Our...
Clutch, the leading provider of digital onboarding and origination technology for credit unions, is pleased to announce the general availability of Fastlane, a real-time loan decisioning and fulfillment engine that helps credit unions automatically convert more applications into funded loans. Built to eliminate bottlenecks between application submission and disbursement, Fastlane is part of Clutch’s broader mission to equip credit unions with the digital infrastructure needed to compete with today’s fintech. By automating key parts of the lending...