digital lending

LendAPI and PortX Team to Streamline Digital Lending

LendAPI and PortX Team to Streamline Digital Lending
LendAPI and PortX Team to Streamline Digital Lending
February 29, 2024  |  Partnerships

Digital lending company LendAPI has teamed with Integration-Platform-as-a-Service (IPaaS) provider PortX. “Our advanced platform, when combined with PortX’s integration prowess, will enable financial institutions to not only simplify their...

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PSCU/Co-Op Solutions Combination Creates Innovation ‘Aggregator’ for Credit Unions
PSCU/Co-Op Solutions Combination Creates Innovation ‘Aggregator’ for Credit Unions
February 21, 2024  |  Credit Unions

Mergers are born of the principle that a combination of enterprises is greater than the sum of the respective parts. Chuck Fagan, president and CEO...

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Credit Unions Shift to Innovating in Age of Instant Gratification and Payments
Credit Unions Shift to Innovating in Age of Instant Gratification and Payments
July 05, 2023  |  Credit Unions

Credit unions need to innovate — and quickly. Scott Young, managing VP of emerging services as PSCU, said credit unions (CUs) have the tools, and,...

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Iwoca Raises New Finance to Fund UK and German Businesses
Iwoca Raises New Finance to Fund UK and German Businesses
February 02, 2023  |  SMBs

Embedded lending firm iwoca has raised new finance to meet a rising level of demand. The firm has increased its funding line from £125 million...

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Fed’s Goldman Probe and Regulators’ Remarks Signal Heightened Digital Lending Scrutiny
Fed’s Goldman Probe and Regulators’ Remarks Signal Heightened Digital Lending Scrutiny
January 23, 2023  |  Bank Regulation

The rise of digital banking — and specifically, consumer lending — looks set for renewed focus from regulators. As reported last week, the Federal Reserve...

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Former Grab Lending Head Joins Digital Lender Julo
Former Grab Lending Head Joins Digital Lender Julo
October 18, 2022  |  Digital Payments

The former head of lending for Grab Holdings, Ankur Mehrotra, is joining Indonesian fintech startup Julo, which focuses on digital lending, a Bloomberg report noted....

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CFPB Sues MoneyLion Over Alleged Military Lending Act Violation
CFPB Sues MoneyLion Over Alleged Military Lending Act Violation
September 29, 2022  |  Legal & Regulation

The Consumer Finance Protection Bureau (CFPB) has sued online lender MoneyLion, along with 38 of its subsidiaries, over allegedly imposing illegal charges for service members...

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KeyBank Partners with Oracle to Digitize Consumer Lending Process
KeyBank Partners with Oracle to Digitize Consumer Lending Process
September 21, 2022  |  Loans

KeyBank can now service loans in real-time, including application, payments and collections, after partnering with Oracle to update and digitize its non-real estate consumer lending...

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