The evolution of digital fintech has left in its wake a great challenge for the traditional financial service institutions – step up or get thrown out of business. Neobanks happen to be at the center of this rally for a high-end, digitally inclined banking experience. While some traditional financial institutions implement digital finance services systems, […]
Bank Neo Commerce (BNC), an Indonesian digital bank that is a subsidiary local Buy Now, Pay Later (BNPL) player Akulaku, has witnessed strong growth last year. Previously known as Bank
Stratton Equities will underwrite loans upfront and reduce the loan origination processing times using Lendsmart’s AI underwriting platform. NEW YORK–(BUSINESS WIRE)–#banking–Please replace the release dated January 24, 2022 with the following corrected version due to multiple revisions. The updated release reads: STRATTON EQUITIES ANNOUNCES PARTNERSHIP WITH LENDSMART TO EXPEDITE ITS UNDERWRITING PROCESS Stratton Equities will […]
KeyBank continues to reap dividends from its 2019 acquisition of online lending business Laurel Road, citing the transaction, along with residential mortgages, as a key driver for its recent growth in consumer loan originations. “As far as consumer loans, that relatively stable outlook for total loans would assume consumer loans in aggregate grow about $2 […]
