Loan Origination news and trends

Plaid and Algebrik Launch CU-Focused Loan Origination Platform
Partnerships // February 03, 2025

Plaid has launched a partnership with loan origination platform Algebrik AI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Report: Ally Cutting Jobs and Ending Mortgage Originations
Consumer Finance // January 08, 2025

Ally Financial is reportedly cutting staff, ending mortgage originations and rethinking its credit card business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Amount Debuts AI Policy Optimizer for Risk Assessment, Credit Underwriting
artificial intelligence // October 24, 2024

Credit underwriting strategy can be an untapped competitive advantage for lenders. It turns out analytics can be used to automate and improve that too. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Amount Targets ‘Deposit Drift’ With Account Opening Platform
Banking // October 15, 2024

Banking technology firm Amount has introduced its unified account opening and loan origination platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Interviews & Exclusives
Account Onboarding Gets Its AI Makeover

August 20, 2024
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 be treacherous. Unfortunately, the prevailing mindset of banks and other companies may be that they don’t have the resources to invest into those anti-fraud efforts unless they’ve been under attack. […]

LendingClub Loan Applications Surge 18 Pct Despite Earnings Miss

February 20, 2019
LendingClub shares sank on guidance that missed the Street, but management said fourth quarter lending activity was strong across personal and auto loans, even as the macro environment moving forward...

Quick Reads
SoFi Adds $3.2 Billion in Commitments to Loan Platform Business

April 17, 2025
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 originates loans on behalf of third parties. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional […]

Plaid and Algebrik Launch CU-Focused Loan Origination Platform

February 03, 2025
Plaid has launched a partnership with loan origination platform Algebrik AI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Report: Ally Cutting Jobs and Ending Mortgage Originations

January 08, 2025
Ally Financial is reportedly cutting staff, ending mortgage originations and rethinking its credit card business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Amount Debuts AI Policy Optimizer for Risk Assessment, Credit Underwriting

October 24, 2024
Credit underwriting strategy can be an untapped competitive advantage for lenders. It turns out analytics can be used to automate and improve that too. Get the Full Story Complete the...