SoFi has secured agreements that amount to a $3.2 billion expansion to its Loan Platform Business, which refers prequalified borrowers to loan origination partners and...
Plaid has launched a partnership with loan origination platform Algebrik AI. The collaboration, announced Monday (Feb. 4), will integrate Plaid’s consumer-permissioned data with Algebrik, allowing for easier identity verification,...
Ally Financial is reportedly cutting staff, ending mortgage originations and rethinking its credit card business. The company will lay off less than 5% of its...
Credit underwriting strategy can be an untapped competitive advantage for lenders. It turns out analytics can be used to automate and improve that too. To...
Banking technology firm Amount has introduced its unified account opening and loan origination platform. The new solution is designed to help banks and credit unions reduce costs,...
Lama AI and Bridge have partnered to expand the availability of commercial loans. With this collaboration, the financial institutions using Lama AI’s artificial intelligence (AI)-powered...
Here’s the thing about fraud: You don’t want to have to calculate the ROI of fraud when it’s too late. Because the flip side can...
Bain Capital and Smith Hill Capital have formed a joint venture aimed at serving the finance needs of companies and assets in the hospitality sector. With a goal...
Mortgage company loanDepot released its second-quarter earnings Wednesday and saw a seasonal bump in loan originations. On Wednesday, July 7, loanDepot posted a quarterly loss...