Lending marketplace Upstart has debuted a tool to help lenders offer customized loan offers. That tool, dubbed Recognized Customer Personalization (RCP), lets banks and credit unions (CUs) identify when a customer is actively seeking a loan and make them an offer of credit, Upstart said in a Thursday (April 25) news release. “In the current economic environment, lenders are
Published 1 minute earlier on While crypto prices have staged a modest recovery following yesterday’s sharp selloff, the volume of liquidations on Ethereum lending markets has already reached its highest monthly value in years—despite April hardly being half over. According to The Block’s data dashboard, nearly $80 million in liquidations in lending protocol Aave and
By Simon Jessop LONDON (Reuters) – UBS will look to increase lending to the shipping sector and run off some loans to fossil fuel clients inherited from Credit Suisse, executives told Reuters, in the biggest test yet of the impact of a mega-merger on banks’ sustainability commitments. The shotgun marriage of Switzerland’s two biggest lenders
Life is expensive, and sometimes, people need a helping hand when it comes to paying for basic needs, housing, heat and electricity, or gasoline to get to their jobs. Unfortunately, for many who are in a money crunch in search of a quick advance, typical payday lenders can create predatory cycles of debt for borrowers.
UK-based fintech Phoebus has launched a cloud-native SaaS mortgage servicing platform, following investments in new technology. The investment brings new capabilities to Phoebus’ technology, taking mortgage servicing to the next level. The company has transformed how the system can service all types of lending as well as savings and deposit-taking. Enhanced security, integration, and
India-based Newgen Software has partnered with UK-based Finastra to augment loan origination and integrate lending solutions with the latter’s LaserPro platform. The integration driven by APIs streamlines the generation of loan documents, encompassing diverse consumer collaterals. Additionally, it reduces manual workload by removing the necessity for data mapping and ensures data validation