In the digital payments industry, everyone is competing like Olympic sprinters. It took digital bank Timo in Vietnam only 4 months to launch an...

The loan origination process has historically been a complex and time-consuming endeavor for both commercial lenders and borrowers. But in recent years, advancements in...

In the world of lending, risk management is crucial to success. But with a growing number of loan applications and an increasing number of...

What is credit decisioning?Credit decisioning, also known as the credit/loan approval or decline process, is a critical step in the loan or credit process....

A DUNS number (actually stands for Data Universal Numbering System) is a unique nine-digit identifier assigned to businesses by Dun & Bradstreet (D&B), a...

Bank statements are most commonly downloaded as PDF, Excel or CSV files. While these file formats have their uses, they are not the best...

The 2008 Great Recession unsettled and transformed the banking sector, which has never been the same ever since. As regulatory compliances increased and market...

Loan origination is the process of applying for and obtaining a loan, including all the steps and activities that are involved in evaluating, approving,...

Artificial intelligence-based lending platform Upstart is adding new digital financing and online sales applications to its auto retail platform to improve loan approval rates and expand...

Union Credit is launching out of stealth mode with $5 million in Seed funding led by CMFG Ventures.The startup is launching in an...

In today's fast-paced business world, faster loan approvals and lending processes are a key goal both for lenders and people applying for loans. Lenders...

Purchasing a car is a major milestone in many of our lives. The experience can often be filled with excitement, anticipation, and anxiety....