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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...

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Lendistry, a minority-led and technology-enabled small business and commercial real estate lender headquartered in a Los Angeles Opportunity Zone, announced today that its executive team is four members stronger. Lendistry prides itself on a culture of mission-fueled overachievement, and each one of these additions to its leadership team will elevate the fintech lender’s ability to serve small businesses in underserved communities across the country. Lendistry CEO, Everett K. Sands, says, “Lendistry is pleased to add these...

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Substantial Fiserv merchant acquiring client base will be able to offer access to Bread as a consumer purchase financing option at the point of sale Alliance Data will originate and retain the customer loans Alliance Data Systems Corporation (NYSE: ADS), a leading provider of data-driven marketing, loyalty and payment solutions, today announced its Bread division, a leading payments technology company that enables seamless checkout experiences for merchants and partners, will provide businesses using merchant acquiring services from Fiserv with...

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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...

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Baker Hill, the leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, announces a new partnership with Consumers Credit Union. The Kalamazoo, Michigan-based credit union has selected Baker Hill NextGen®, Baker Hill’s unified solution, to support its growth, update lending procedures, and leverage member data to enhance efficiencies and member experience. Consumers is currently celebrating their 70th year since their establishment in 1951. In office and online, they currently serve more than...

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