Articles with tag: mortgage

Found 37 results in 185 milliseconds.

UK banks to rise the cost of credit card borrowing, Bank of England says

16 Oct 2020 | Cards

Bank of England has revealed rising rates in approach to Christmas and lenders’ plans to restrict loan products soon.

bank of England, cards, credit, mortgage, lending, industry survey, credit card borrowing, credit cards, cards, UK, United Kingdom

Click2Check partners with AccountScore to launch Open Banking solution

09 Oct 2020 | Online & Mobile Banking

Open Banking platform AccountScore has partnered with fintech company Click2Check to provide the mortgage advisory market with a new solution called Credit Assess. 

Click2Check, AccountScore, Open Banking, mortgage, credit scoring

JP Morgan pledges USD 30 bln for reducing racial wealth gap

08 Oct 2020 | Payments General

JP Morgan has declared it would commit USD 30 billion to address racial inequality over the next 5 years, according to Reuters.

JP Morgan, racial wealth gap, racial inequality, Reuters, mortgage, Black borrowers, Latino borrowers, housing project, small business loans, banks, philanthropy, minority suppliers, Bank of America, Citigroup, Community Development Financial Institutions, CDFIs, loans

Fintech Ohpen acquires loan and mortgage software company, Davinci

10 Sep 2020 | Payments General

 

Ohpen, a fintech platform that aims to bring banking to the cloud, has acquired cross-border loan and mortgages Software as a Service (SaaS) provider Davinci.

savings, investments, loans, mortgages, current accounts, cloud-native, core banking engine, acquisition, fintech, Ohpen, mortgage software, Davinci

EQ launches Mortgage Services

08 Sep 2020 | Payments General

EQ Credit Services, part of the international technology-led services and payments specialist EQ (Equiniti Group), has launched Mortgage Services.

EQ Borrowbox, API, lending, loan servicing, Mortgage Services, risk identification, Hodge Bank, EQ Credit Services

Blend secures 75 mln in Series F founding

13 Aug 2020 | Payments General

Blend, a digital lending solutions company, has secured USD 75 million in Series F funding led by Canapi Ventures

Blend, digital, lending, Canapi Ventures, mortgages, loans, Temasek, General Atlantic, 8VC, Greylock, Emergence, banking

Digital bank 86 400 teams up with Australian Finance Group

24 Jul 2020 | Online & Mobile Banking

Australia-based digital bank 86 400 has partnered with Australian Finance Group (AFG), to expand its home loan broker distribution network. 

86 400, loans, AFG, partnership, Australia, digital bank, digital, banks, Australia Finance Group, network, mortgage, Own Home Loan

Selina Finance announces USD 53 mln funding round to expand its business

23 Jul 2020 | Payments General

Selina Finance, a company that provides loans to SMEs in the form of flexible credit facilities, has raised USD 53 million.

loans, SMEs, funding, Selina, UK, mortgages, banking, fintech, lending, property

Pagaya wealthtech secures USD 102 mln investment

22 Jun 2020 | Payments General

US-based wealthtech Pagaya has secured USD 102 million of Series D funding to develop its technology.

Pagaya, funding, US, AI, asset management, institutional investment, real estate, asset classes, fixed-income, auto loans, assets, mortgage, corporate credit, Aflac Global Ventures, Poalim Capital Markets, Viola, Oak HC/FT, Harvey Golub, Clal Insurance Ltd, GF Investments, Siam Commercial Bank

Lloyds Bank fined EUR 71 mln

12 Jun 2020 | Payments General

Lloyds Bank has been fined over EUR 71 million for failing to treat mortgage customers fairly after they fell into financial difficulty.

Lloyds, mortgage, banks, payments, Financial Conduct Authority

11:FS, Plaid release joint report on open finance

04 Jun 2020 | Payments General

11:FS, a challenger firm that aims to define and build digital financial services, and Plaid, a US-based fintech, have released a joint report on the transition from open banking toward open finance.

11:FS, Plaid, open finance, open banking, report, digitalisation, API, loans, mortgages, SME finance, pensions

Lumio taps Moneyhub's Open Finance APIs

02 Jun 2020 | Online & Mobile Banking

Money management app Lumio has chosen Open Finance platform Moneyhub to organise all of users’ financial information in one place.

Lumio, Moneyhub, open finance, APIs, banks, mortgages, loans, credit cards, banking, data, P2D2, payments, PISP

Russia's Sovcombank starts issuing digital mortgages remotely

02 Jun 2020 | Payments General

Sovcombank, the third largest privately-owned bank in Russia by total assets according to Interfax ranking based on RAS, has launched online mortgage loans for the primary market.

Sovcombank, digital mortgages, online banking, mobile banking, bank, Russia, fintech, bank account, digitalisation

FCA announces support for struggling customers

22 May 2020 | Payments General

The Financial Conduct Authority (FCA) has announced proposals aimed at supporting for customers who are struggling to pay their mortgage due to coronavirus crisis.

FCA, mortgage, coronavirus, COVID-19, payments, payment holiday, debt

COVID-19 impact on Saudi Arabian banks might last up to nine months – KPMG study

28 Apr 2020 | E-invoicing, SCF & E-procurement

A report released by KPMG Saudi Arabia has revealed the impact COVID-19 has on the banking sector and the potential countermeasures to cope with the new normal.

bank, digital transformation, COVID-19, coronavirus, KPMG, report, banking, SMEs, retail banking, credit card, mortgage, liquidity, cyber risk, SAMA

CaixaBank tests machine learning algorithms for risk classification model

21 Apr 2020 | Digital Identity, Security & Online Fraud

CaixaBank, a Spain-based financial services company, has used quantum computing technology to develop a machine learning algorithm to calculate customer credit risk.

CaixaBank, Spain, financial, algorithms, credit, quantum, computing, technology, machine learning, bank, IBM, mortgage

Credit Kudos raises GBP 5 million

20 Apr 2020 | Payments General

UK-based credit scoring company Credit Kudos has has closed its GBP 5 million Series A funding round. 

Credit Kudos, credit score, funding round, UK, United Kingdom, ClearScore, CarFinance 247, Mojo Mortgages, AlbionVC, TriplePoint, Plug & Play Ventures

Credit Kudos secures almost EUR 6 mln in Series A funding

16 Apr 2020 | E-invoicing, SCF & E-procurement

Credit Kudos, a UK-based fintech using open banking to provide accurate credit scoring, has raised almost EUR 6 million in Series A funding.

Credit Kudos, open banking, UK, fintech, AlbionVC, TriplePoint, Plug&Play Ventures, Ascension Ventures’ Fair, Design fund, Entrepreneur First, lenders, data, ClearScore, CarFinance 247, Mojo Mortgages

Seng Bank introduces 'Harp WhatsApp' feature

08 Apr 2020 | Online & Mobile Banking

Hong Kong-based Hang Seng Bank, a banking and financial services company, has launched a new chat contact for WhatsApp users based in the city.

Hong Kong, Hang Seng Bank, Haro, WhatsApp, digital banking, financial, WhatsApp, retail, bank, ATM, credit cards, mortgages, loans,

Wells Fargo, Santander take actions at branch operations, waive fees

24 Mar 2020 | Online Payments

US banks have started to adjust bank hours, waiving fees and offering payment extensions to help customers impacted by the coronavirus pandemic. 

Wells Fargo, Santander, branch operations, fees, mortgage, withdrawal, credit, banks