LCT Surpasses 1M VPP Cancellations Processed

Lender Compliance Technologies (LCT), an emerging leader in compliance solutions for managing finance and insurance (F&I) product refunds, today announced a major operational achievement with the successful processing of more than 1 million voluntary protection product (VPP) cancellations through its cloud-based Refund Control© platform. As regulatory expectations on the state level increase and loan portfolios grow more complex, lenders are seeking proven platforms that can handle volume without sacrificing accuracy, auditability or operational efficiency. The milestone underscores LCT’s ability...

Orion Financial to Deploy Scienaptic AI for Advanced Credit Underwriting

Scienaptic AI, a global leader in AI-powered credit decisioning, today announced that Orion Financial, headquartered in Memphis, Tennessee, will deploy the Scienaptic AI platform to strengthen credit underwriting, modernize lending operations, and responsibly expand access to credit for its members. With more than six decades of service, Orion Financial (“Orion”) has built a reputation as a trusted financial partner for individuals and families across the Mid-South. Founded in 1957, the credit union today serves more than 75,000 members...

Vergent Appoints John Martinez as Chief Transformation Officer

Vergent, a complete, end-to-end lending platform, has announced the appointment of John Martinez as Chief Transformation Officer. John brings nearly three decades of executive leadership and operational experience in sub-prime and alternative financial services, with deep expertise in digital lending, omnichannel transformation, operational scaling, and portfolio growth. In his new role, John will serve as a strategic bridge between Product, Technology, Client Operations, Sales, and Vergent’s clients, ensuring the platform and services align with real-world lender needs and...

Fortrade (DIFC) Limited Secures DFSA Regulation Within Dubai’s Financial Hub

Fortrade has announced that its Dubai-based entity, Fortrade (DIFC) Limited, has been granted regulatory authorisation by the Dubai Financial Services Authority. The license places the company within the regulatory framework of the Dubai International Financial Centre, one of the region’s most established international financial hubs. The development reflects Fortrade’s continued focus on operating within recognised regulatory environments and strengthening its presence in the region through a structured and transparent market framework. Chris Warburton, CEO of Fortrade, stated that the DFSA authorisation...

GTCR Completes Sale of Worldpay to Global Payments

GTCR, a leading private equity firm, announced today that it has closed the previously announced sale of Worldpay, a global leader in merchant acquiring and payments processing, to Global Payments (NYSE: GPN) as part of a transformative three-way transaction. The sale of Worldpay represents one of the largest strategic sales in the history of the private equity industry. In April 2025, GTCR signed a definitive agreement under which Global Payments agreed to acquire Worldpay from...

JustPaid Launches Free Tier as Finance Leaders Cut Software Spend

JustPaid, the AI-powered revenue and billing automation platform, announced today that it is exploring the launch of a free tier designed specifically for early-stage startups. The announcement comes as finance leaders across the ecosystem voice growing frustration over the rising cost of legacy financial software and the pressure it places on young companies. Over the past several months, JustPaid has met with CFOs and fractional finance leaders who consistently report the same issue: modern startups...

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