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 āPartnershipā) to support UK middle-market sponsor-backed borrowers. Lloyds Bank Structured Debt Finance team will partner with Oaktreeās 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 Bankās 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 ADFās 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 Upstartās network have already opted into RCP. With this capability, lenders can identify when an existing customer is actively shopping for a loan,...
Finastra unveils online marketplace to access retail lending solutions
April 18, 20244 min
The site allows financial institutions to browse, directly purchase, and quickly adopt Finastra retail lending products
First Northern Bank promotes Libby Feyh to CHRO
April 18, 20243 min
First Northern Bank, the regionās #1 local small business lender, proudly announces the promotion of Libby Feyh to the newly created role of Executive Vice President and Chief Human Resources Officer (CHRO). Feyh has served First Northern Bank as the Senior Vice President and Human Resources Director since 2019, demonstrating exceptional leadership, promoting a culture of excellence, and a deep understanding of the Bankās values. In this role, she will continue to uphold the highest...