PrimeWay adopts Vine’s AI platform for commercial lending

Houston-based PrimeWay Federal Credit Union, will become the first credit union to implement Vine’s AI-powered lending platform. While making a strategic shift to focus more resources on its business members, PrimeWay recognized that there were efficiencies to be gained in its commercial lending business. The credit union prides itself on fast decisions and competitive rates. To support both time and cost efficiencies, PrimeWay will partner with Vine, leveraging all the benefits AI has to offer for commercial...

Icon Solutions Appoints Anders Olofsson as EMEA Sales Director

Icon Solutions the UK fintech enabling banks globally to design and implement state-of-the-art payment systems has appointed Anders Olofsson as Sales Director, EMEA to drive adoption of the Icon Payments Framework (IPF) across the region. Anders joins Icon with more than 30 years of experience in the global payments industry, having held senior leadership roles across major payments and technology companies. He previously served as Head of Payments at Finastra, leading global sales and strategy...

Desert Financial Selects Lenders Cooperative to Power Commercial, SBA Lending

Lenders Cooperative, a leading provider of loan origination and servicing technology for U.S. financial institutions, announced today that Desert Financial Credit Union has implemented its platform to power the expansion of its commercial and SBA lending programs. Based in Arizona and serving over five hundred thousand members nationwide, the $9 billion lender is in production on Lenders Cooperative’s end-to-end business lending platform. The move enables Desert Financial to fully automate origination workflows, accelerate time to...

Intuit Completes FedNow® Service Certification

Intuit advances its delivery of faster money access by joining the Federal Reserve’s instant payments network New integration enables instant money movement across Intuit’s money product portfolio, helping businesses eliminate wait times, optimize cash flow, and get paid faster Intuit, the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, Mailchimp, and Intuit Enterprise Suite, today announced it has completed the Federal Reserve’s certification and readiness program for the FedNow® Service. This milestone...

Sigma360 and Consilient Announce Strategic Integration

Sigma360, the full-stack AI platform for risk intelligence, financial crime prevention and compliance and Consilient, the pioneer in federated machine learning for financial crime discovery and prevention, announced a strategic partnership. “The industry has reached a tipping point where traditional, siloed defenses are no longer sufficient,” said Stuart Jones, Jr., CEO of Sigma360. “Through integration with Consilient, Sigma360 has moved beyond data aggregation. We deliver an integrated ‘always-on brain’ for compliance departments that learns, adapts and...

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