Standard Chartered has recently made significant strides in sustainable finance by launching new variants of their Bonded Bulk Trading Loans (BBTL). This initiative marks a pivotal moment in the bank's efforts to incorporate environmental, social, and governance (ESG) criteria into their trade
October 22, 2024In a groundbreaking move to upgrade its credit screening processes, Seven Bank has implemented a time-limited initiative utilizing “7iD” purchase data for personal loan services. This innovation began on October 16, 2024, marking a promising shift towards a more comprehensive and inclusive credit ev
October 16, 2024Best Egg, a US-based consumer financial technology platform renowned for its innovation in personal loans, has recently secured a substantial $500 million purchase facility. With backing from Fortress Investment Group and Edge Focus, this strategic investment is poised to revolutionize the personal
October 15, 2024The recent collaboration between SoFi, a prominent US consumer financial technology company, and Fortress Investment Group, a global investment manager, has taken the fintech industry by storm. Announced on October 15, 2024, this $2 billion agreement aims at significantly enhancing SoFi's loan
October 15, 2024Vervent, a prominent name in the fintech industry, has introduced its groundbreaking eVault solution aimed at transforming the management of loan documents. This innovative platform is poised to provide an unprecedented level of security, authenticity, and enforceability for loan documents
October 9, 2024The evolution of technology has significantly impacted various sectors, and the financial industry is no exception. One area that has seen notable improvements due to tech integration is fraud prevention in lending. This article explores how advancements in technology have bolstered fraud
October 3, 2024