Latest Lending Technology news from verified sources, updated automatically.
Commercial loans can take weeks to close, and Pennsylvania-based Customers Bank put its typical wait at 30 to 60 days. A pilot of its artificial intelligence (AI)-powered process closed select commercial loans in seven days, the bank said in July in its Q2 earnings release.…
Cognitive Credit, a provider of specialist data, infrastructure and artificial intelligence solutions for global corporate credit markets, secured a $40 million strategic growth investment to accelerate its commercial expansion in the United States and build its next generation…
Bankjoy, a leading provider of digital banking solutions for community financial institutions, today announced that TEN Credit Union (TENCU), a Nashville-based credit union founded in 1950, has selected Bankjoy as its digital banking platform.
NEW YORK, Oct. 23, 2026 /PRNewswire/ -- Egan-Jones released its monthly report on the collateralized loan obligation (CLO) market, finding that credit metrics across the deals it rates held steady even as interest rates and high-yield spreads moved higher in September. For…
BOSTON, Oct. 23, 2026 /PRNewswire/ -- The Federal Home Loan Bank of Boston announced its preliminary, unaudited third quarter financial results for 2026, reporting net income of $66.4 million for the quarter. The Bank expects to file its quarterly report on Form 10-Q for the…
Kleber Santos is now solely responsible for the bank's consumer banking and lending as Saul Van Beurden becomes wholly focused on AI.
▶ Bitcoin Magazine Parker Lewis: Bitcoin Will Settle 100% of Global Payments Parker Lewis argues Bitcoin will settle all global payments as $107T in debt strains the credit system, driving merchants toward zero-fee adoption. This post Parker Lewis: Bitcoin Will Settle 100% of…
Fintel plc, a leading provider of software, data and support services to the retail financial services sector, today announces the acquisition of Mortgage Brain Holdings.
Restrictions have been placed on 6 unregulated lenders, known as Annex 1 firms, after the FCA raised concerns about their anti-money laundering policies, controls and procedures while assessing their applications. The restrictions were imposed by the FCA on each firm’s request…
The Irish AI mortgage platform will deploy across SPF's UK mortgage and protection workflows, with a broader rollout planned for 2027.
ValueChain's SoDEX platform has integrated Morpho's open credit network, letting users deposit USDC into curated vaults to earn on-chain lending yield.
Corporate credit data, analytics, and AI technology provider Cognitive Credit has closed a $40 million strategic growth investment led by Summit Partners with participation from ETFS Capital.
The Animoca Brands-backed RWA marketplace has tokenised a portfolio of US residential real estate loans, targeting a 7% net APY from 1 USDC.
Sprive CEO Jinesh Vohra warns the mortgage industry is failing borrowers on lifetime cost as high loan-to-income lending rises sharply.
The London Stock Exchange (LSEG) has agreed to acquire credit data provider Octus in a cash deal worth $3.535bn.
The general availability gives eligible organizations more flexibility with net 30-day terms, a dedicated business line of credit and streamlined reconciliation TreviPay, a global B2B payments infrastructure partner, today announced the general availability of Pay By Invoice for…
With just a few taps, customers get increased visibility, better management and more benefits U.S. Bank Payment Switch: Key Facts Payment Switch allows clients to seamlessly move recurring bills and subscriptions to a U.S. Bank debit or credit card with a few simple steps within…
The Upper Tribunal has confirmed it will hear the legal challenges to our motor finance compensation scheme between 16 to 26 February 2027. The scheme was challenged by 3 lenders - Volkswagen Financial Services, Mercedes Benz Financial Services, and Crédit Agricole Auto Finance…
The Swiss Financial Market Supervisory Authority FINMA has concluded an enforcement proceeding against Julius Bär bank in connection with private debt loans granted to a European group and client relationships involving two Russian PEPs, or politically exposed persons. It has…
