#lending

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fromFortune Asia
4 days ago

Banks should stop using AI to 'fire hundreds of people'-instead, they should use it to lend to low-income clients, says GFTN's Sopnendu Mohanty

AI can facilitate loans to low-income populations by providing alternative data sources that replace the need for collateral.
#bitcoin
more#bitcoin
fromBusiness Matters
3 weeks ago

ThinCats hits record lending levels with 381m despite challenging UK business climate

The lender's robust performance is particularly notable given the turbulent backdrop of rising business taxes, persistent global tariffs, and slower-than-expected base rate cuts.
Business
fromBusiness Matters
3 weeks ago

Profits soar at AI lending fintech Abound as borrowers turn away from traditional banks

Abound reported net profits of £7.5 million, a 25-fold increase from the previous year's £300,000, reflecting the growth of its AI-powered loans platform.
London startup
fromwww.housingwire.com
4 weeks ago

Truv and Tidalwave announce mortgage point-of-sale integration

By embedding Truv's VOIE & VOA into the mortgage application flow, Tidalwave enhances the verification process, reducing preapproval times significantly and improving conversion rates.
E-Commerce
#mortgages
more#mortgages
#real-estate
more#real-estate
fromwww.housingwire.com
1 month ago

Why it's time to rethink the appraisal default in homeequity lending

Lenders are shifting towards modern valuation methods like AVMs to streamline home equity lending and reduce unnecessary costs and delays.
fromFortune Crypto
1 month ago

Exclusive: Crypto startup Nook raises $2.5 million from Coinbase Ventures, defy.vc, and UDHC

Nook simplifies crypto lending for novice users, aiming to increase accessibility to crypto financial services.
fromBusiness Matters
1 month ago

Should All Lenders Publish Complaint Data and Be More Transparent?

Sharing complaints data could help consumers make more informed choices and encourage better service across the industry.
Social justice
London startup
fromBusiness Matters
1 month ago

SME lending delays slashed by 80% thanks to fintech-driven back-office reform

BCRS Business Loans has significantly reduced loan processing times for SMEs, enhancing access to finance in a challenging economic context.
Startup companies
fromBusiness Matters
2 months ago

Small business debt load doubles since pandemic, hampering access to finance

Small businesses face debt levels over twice pre-pandemic, hindering access to crucial financing for growth and survival.
Higher education
fromIrish Independent
2 months ago

'Green' loans and cars drive record rise in consumer borrowing, but fears raised over possible global downturn

Personal lending has significantly increased, reaching its highest recorded levels since 2020.
#artificial-intelligence
fromwww.housingwire.com
3 months ago
Artificial intelligence

Precision partners: How AI and human expertise are elevating lending excellence

AI accuracy is crucial in lending; 99% accuracy can lead to harmful errors for borrowers.
fromHackernoon
1 year ago
Artificial intelligence

The Future of Private Student Loans in the Age of AI | HackerNoon

AI is transforming the private student loan market by enhancing risk assessment and expanding lending accessibility, especially for underserved borrowers.
Artificial intelligence
fromHackernoon
1 year ago

The Future of Private Student Loans in the Age of AI | HackerNoon

AI is transforming the private student loan market by enhancing risk assessment and expanding lending accessibility, especially for underserved borrowers.
more#artificial-intelligence
fromwww.housingwire.com
3 months ago

Leading Lenders: Risk, Reward, and Reinvention

Lenders must innovate to survive amidst rising borrower expectations and economic challenges.
HousingWire's new docuseries features progressive mortgage leaders transforming the industry.
fromwww.housingwire.com
3 months ago

LENDEM Solutions hires Krish Dhokia as chief marketing officer

LENDEM empowers organizations to make smarter and faster decisions using the power of big data and machine learning.
Marketing tech
fromcointelegraph.com
3 months ago

How to buy a home with a crypto-backed loan

Crypto-backed mortgages allow users to leverage digital assets as collateral for loans, providing liquidity without selling cryptocurrencies.
Marketing tech
fromBusiness Matters
3 months ago

Personalization of Credit Offers: How Modern Software Takes into Account the Individual Needs of Borrowers

Personalization in lending is crucial, enabled by loan origination software that tailors solutions to individual borrower needs.
fromwww.housingwire.com
3 months ago

Blend, Alloy expand fraud prevention partnership

Blend and Alloy's partnership enhances fraud prevention tools for lenders, improving security and efficiency.
fromwww.housingwire.com
4 months ago

Vice Capital Markets integrates Fannie Mae's new loan pricing API

The new API streamlines the loan pricing process for lenders with a single request, enhancing efficiency and accuracy.
Miscellaneous
fromHackernoon
2 years ago

The HackerNoon Newsletter: GPS Is Broken, And Its Holding Tech Back (1/5/2025) | HackerNoon

Over-reliance on AI technologies is reshaping human cognition and our ability to think independently.
Undercollateralized lending in DeFi is making financial access easier and more inclusive.
Miscellaneous
fromHackernoon
7 months ago

Bringing Permissionless Lending: Making Sense of Euler | HackerNoon

DeFi lending is maturing but struggles to adapt to new market dynamics without sacrificing safety for flexibility.
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